I have decided what my financial goals are for 2009.
The main theme to my financial and personal goals is this: I will invest in ME in 2009.
That means I will:
- Contribute to my emergency fund with the goal of reaching 6 months of living expenses.
- Contribute to my 401k, but putting in all in the ROTH.
- Get on the path to homeownership.
- Develop new skills and learn new techniques to help me on my career track.
- Earn more money through various ventures including more freelance writing.
- Go on a big vacation this year with the target date my 32nd birthday, September 25.
- Make new friends and make time for old ones.
- Take better care of my physical self -- including taking up yoga, exercising regularly and improving my diet.
- Take better care of my emotional and spiritual self, including spending more time having fun!
- Write for myself. (I've always wanted to write a novel. So I will get started!)
These are the generalities (I'll get into specifics later).
Most of these are going to cost me money. And that is fine with me. I spent the last few years tightening the purse strings in order to pay off my debt and get some cash saved for a rainy day.
I did that.
I could invest money in other financial assets and such. And I will. Just not right now. Right now, I want to invest in me. I want to seek our and fulfill my life's purpose and I just plain want to do what I want to do when I want to do it. I may need to take some classes or invest in materials to lead my own self-directed course. I may need to seek professionals to teach me things like meditation, career planning, investment strategies and the like. I may need to buy some gadgets and gizmos to help me be more productive. I may need to travel more often. I may need an enhanced wardrobe for future endeavors. I may need to attend a conference. I may need to go to a writer's workshop.
And they will all cost money. I will do this smartly of course -- I don't plan to go into debt accomplishing any of these things -- but I won't fret so much over how much I spent on what. As long as I continue saving and put money away for larger things that cost more, (and, of course, DO NOT spend more than I earn), I'll be ok.
This year, I want to invest in me.