Thursday, January 22, 2009

Updated Progress Bars with 2009 Goals

I just updated our progress bars on the right with two of our 2009 financial goals. My wife and I recently opened an investment account and started contributing a small amount each paycheck to try to grow our investments. We haven't really figured out how much we will able to grow this account by this year but I think a goal of $10,000 by the end of the year is reasonable. Currently we are only contributing $200 a month but once we have paid off my car (hopefully by June or sooner depending on tax refund) we will be able to contribute at least $1,000 a month.

Another goal is to increase our Net Worth up to $75,000. I'll be honest, I just picked this number out of the blue. Hopefully with the combination of paying off our debts and saving in the investment account and retirement accounts we will be able to accomplish this goal. I'll update these progress bars at the end of each month!


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1MansMoney said...

It looks like we have about the same networth and a similar goal for 2009. Good luck! I hope it works out for both of us.