MAKE YOUR FINANCIAL SUCCESS COUNT You may never be as rich as Bill Gates or Warren Buffett, but setting goals like the wealthy is just as important for you as it is for them! Importance of setting goals I’m sure you’ve already heard people preach on the importance of setting goals. ‘Make your goals specific, easily visualized, and attainable,’ they often say. That’s important advice for people to hear. But it’s not really enough to be helpful. As Mr. CBB recently posted , planning ahead is a critical part of financial success. But it is just as critical to plan ahead when setting your career goals! Planning ahead When I was growing up, my parents constantly told me to plan. The problem is that when I tried to do that, things usually didn’t work out anywhere near the way I expected them to. It didn’t take long to figure out that my efforts to ‘plan ahead’ were useless. I don’t know about you, but I don’t like to waste my time on useless endeavors! I can hear you thinking, That’s an odd story to tell when you just said that planning ahead is critical to […]
New Years Resolutions 2014: My Health, My Money
NEW YEARS RESOLUTIONS TO STAY With the arrival of 2014, New Years Resolutions are on the minds of many people right now. Whether you are striving to meet a new fitness goal, quit smoking or better your finances, staying on track throughout the year to meet these goals can be a challenge. While many people give up on their New Years Resolutions pretty quick, writing down your resolutions and the reasons why you chose these goals can be helpful in motivating you throughout the year. Whatever your resolutions have a plan and you will find the confidence that you will need to achieve them. I have a couple of New Year Resolutions for the year of 2014 to improve my quality of life. My health As a single mom of two very busy, active children it isn’t hard to overlook taking care of myself adequately. As the kids get older so do I. I may only be 31 now but I want grandchildren one day and if I am not taking care of myself properly now I may not be around as long as I hope. Being on the go all the time and not always making […]
Our Goals 2012 and a look back at 2011!
As we look back in 2011 we can see many areas we could have saved more money but that’s what budgeting is all about, learning. Keep in mind we don’t make huge incomes so the frugal lifestyle we lead is imperative to our savings whilst still enjoying life. I don’t predict the same extra income in 2012 so a tighter budget has been put in place. We are hoping to get a bathroom renovation completed and landscaping of our yard by the end of the year. Our main goals for 2012 although I’m sure this list will grow! Spend less on grocery $190 a month. Save more with a shop free week each month and playing our grocery game challenge. Collect enough Optimum Points at Shoppers Drugmart for 2 Redemptions. We accomplished 4 at top-level in 2011. Figure out what to do with our Savings Max out both TFSA (Tax Free Savings Account) Invest more in RRSP (Registered Retirement Savings Plan) Pay down Mortgage currently $157k, $164K was 265K when purchased in 2009. Current Market Value Aprox $339k. Accelerated Weekly 3.9% 5yr fixed 25 yr Amortization Build Emergency Savings by $ 8k Renovate Bathroom under 5k Educate myself on Investing, read more […]
