Welcome to No More Spending; how we manage our budget as we attempt to pay off our mortgage early, move abroad, and reach Financial Freedom by 2020. You can read more about this site here and subscribe to get all the latest updates sent to you by email or RSS feed here.  Thank you for visiting!

3 August 2008

Goals re focus August 2008

This is a repeat of my 2008 goals post:

''My main goal this year, which is financial , is to pay off £15,000* more of my
debt.I've also decided to set some other goals which are not all directly
related to money, however will assist me in achieving my dreams for the future.
I have a lot of catching up to do in financial years and I won't do that by
sitting on my behind!''

Financial:
-Double EF to £1000 - Not gonna happen
-Increase pension contributions as company scheme changing - Done, not by much, but done
-Increase income by at least 10% - earned £1081 extra income, £104 behind target

Career:
-Take at least one external course - Not yet
-Learn staff training plan inside out in order to diversify my role - Done
-Get chosen to be on a second working party -Done

Business:
-Brainstorm my business idea - Done, website up and running
-Be ready to start business in 2009 - Done, however no marketing done yet

*My main financial goal for 2008 has changed, I'm now only aiming to clear my No1 loan balance by the end of the year. The balance outstanding this morning is £6,982.

My August budget will take the balance down to £6,400, I now need to brainstorm ways to make an extra £500 a month. I know I need attainable goals, however I can't just sit back and pay the minimum payments, it's not in my nature, I need a challenge.

2 comments:

  1. Well done you! Sounds like you are super motivated!!
    ReplyDelete
  2. thank you - you're inspiring me to be :)
    ReplyDelete

Hi and thank you for visiting No More Spending.

Related Posts Plugin for WordPress, Blogger...