February 2013 Goals

iVillage Member
Registered: 10-28-2009
February 2013 Goals
16
Tue, 01-29-2013 - 11:59am

hello all! This is a thread for everyone to participate in. Please share your goals with us, no matter how big or small, so we can cheer you on & offer support & encouragement!

How did January go for you? Did you set goals? Were there some surprises? Or pretty much what you expected?

What do you plan to accomplish during the month of February?

Good luck everyone!

 

 

Pages

iVillage Member
Registered: 04-13-2012
Fri, 02-08-2013 - 9:11am

Great goals everyone! So for those who don't know (I'm still relatively new to the boards) I'm an AmeriCorps member. I'm serving my country for a year which means I only receive a living stipend to scrape by. My take home is $800/mo which makes paying off debt pretty tough but I know these sacrifices will pay off. By serving in AC (which if you don't know, is the domestic branch of the Peace Corps.) my student loans get forebearance so that's no big deal. I don't have to pay those. So my goals for this month are:

*Pay my mom back for the $900 I owe her for fronting me the money to get a clunker to replace my dead Lumina. - The plan for this is to withdraw my $1425 Cert of Deposit on the 18th. I know this is sucky, but it's necessary. *Snowflake my tax refund to my CitiCard. I have no clue what I'm going to get. AmeriCorps withholds a lot of Federal, so I'm hoping to get that back. I'm keeping it simple this month because I really hemorrhaged money last month with a $138 dental bill and $180 towards car insurance. (I pay quarterly.)

[url=http://www.TickerFactory.com/debt/w7dZSLQ/]
[img]http://tickers.TickerFactory.com/ezt/t/w7dZSLQ/debt.png[/img]
[/url]

iVillage Member
Registered: 12-31-2010
Fri, 02-01-2013 - 3:06pm

Duplicate post deleted.

#Marie
iVillage Member
Registered: 06-24-1999
Fri, 02-01-2013 - 2:37am

Hello everyone! Brand new here (although I think I had an account years and years ago, lol)

Anyways, my February goals are pretty simple:

Throw $150 extra towards one of my debts

Keep grocery spending to $250 or less for the month

Good luck everyone!

iVillage Member
Registered: 01-28-2013
Thu, 01-31-2013 - 10:53pm
*** Slight correction emergency fund is at $1820 right now, wishful thinking I suppose that is why I got ahead of myself :)***
iVillage Member
Registered: 01-28-2013
Thu, 01-31-2013 - 10:52pm

Hello!

January went well, however I feel deprived of social life... with full-time school and full-time work (going part-time this coming week), I have not seen any of my close friends since before the Holidays.. In saying that here are some of my wins for the month of January:

Paid off my car! My last monthly payment of $530.14 came out yesterday! Man it's been 5 lonnng years, never  buying a new car again, even if I win the lottery.

Paid off this semester's tuition and books from my chequing account :) roughly around $3000.00 I had to "cash in" my accrued vacation days at work to do this, but I am glad I did not put it on my LOC.

Once again, I failed miserably on the food budget, but we only went out once for dinner this month which is a huge accomplishment... how I spent $480 for two people AGAIN is beyond me for groceries. Mind you I did go to Costco at the beginning of the month and stocked our freezer full of veggies and meats, we can't fit anything in it Smile.

Got approved for my student line of credit which carries a 4.5% rate, so I will be transferring my balance from my more expensive debts to that....

My February Goals:

$300 max on groceries (wish me luck!)

$1500 towards my debt repayment

Start putting money into my emergency fund, it's at $2820 right now. Have not made any contributions so far this year...

Resume putting $$$ into my RRSP's (stopped it at the end of December in order not to go into further debt for tuition and books)

$100 max on "entertainment" etc... for the month (this has to be tight going to part-time work)

Good luck everyone! Smile


iVillage Member
Registered: 12-31-2010
Thu, 01-31-2013 - 8:11pm

Jen -

I have done a lot of resume reviews as a college prof and hiring manager.  Send it my way at marketingvirgo at yahoo dot com.  NO charge.

#Marie
iVillage Member
Registered: 05-08-2006
Thu, 01-31-2013 - 5:27pm
Bumbling...I know it s hard to owe taxes as we like to get those refunds, but really, when you get money back, it's because you loaned the government money interest free. When you owe them, and not so much that you pay a penalty...they loaned you the money. In your case, you used it to pay off debt, which saved you interest...now don't you feel smart? And although the dental bill isn't an emergency, it is a smart decision to use it to save 6 percent of 1200 dollars...$72 in your pocket and you are not living so close to the edge that you will be reaching for charge cards.p before you build it up. And buying appliances at the lowest price on a no interest loan is another good choice if you know you will be able to pay it off before the loan is due. There are lots of ways to make the system work for you and you are doing it...good job!
iVillage Member
Registered: 02-11-2006
Thu, 01-31-2013 - 11:36am
Just 2 small goals for me this month: 1. Send $175 snowflake to CC 2. Stay on cash only budget Staying simple, I know I can do this, and I need a victory to motivate me more!
iVillage Member
Registered: 04-10-2003
Wed, 01-30-2013 - 11:54am

Yikes, my Jan goals were pretty simple:

 Update my budget and flake to my target debt (LOC).

Success! I did both and have paid off just under $900 this year. I increased my contributions to my sinking funds and increased the automatic debt payment which was nice.

Now I need to focus on February. My goals are as follows:

1) Increase the "other" sinking funds and the "dog" sinking funds by splitting up any extra money 50% debt, 25% dogs 25% other. The dogs are due for ALL their vaccinations in April of this year so that is going to be a mother of a bill. I'm going to have to really focus on saving for it. They have about $250 in there now but food also comes out of this so if I just stick with my current flakes, it won't be enough (also working on cheaper alternatives for their food to save a bit of money as well);

2) Pay off another $1K in debt. This is going to be a stretch goal, but I think I can do it if I focus!

3) Cancel my gym membership. I am currently donating $45 a month to the gym! I am kickboxing now and loving it so there isn't a heck of a lot of time left over for the gym . I also have equipment in the basement if I really need it. That $45 will help boost the dogs funds as well until I have enough to cover their shots.

Let's see how successful I am!


Bex -

iVillage Member
Registered: 02-11-2008
Wed, 01-30-2013 - 8:21am

In January I stayed on budget in every category. Which I usually do since I use the envelope system. I was able to pay an additional $461 towards our snowball..that's above the $300 I budget for!! :) Very happy about that.

February is our busy birthday month! Actually it started yesterday. We have 7 birthdays between January 29 and March 5th.

February Goals:
1 - Pay a minimum of $300 towards snowball...hopefully more. I'm laid off thru March and we never know how much hubby will bring home.
2 - We are going to try to eat out only 3 times in February.
3 - Track every penny we spend in February
4 - Try to spend less at the grocery and use up the food in our freezers and cabinets
5 - When we get our tax refund (no matter how big or small)...25% goes in savings, 25% goes towards snowball, 25% goes to car fund, 25% is to be divided evenly between Christmas/gift fund, vacation fund, camping fund 
6 - Save all of our change to deposit in our never to be touched account 

 

      

Pages