With 2018 coming to end, I think that now is the perfect time to discuss personal finance goals for the future. Everyone makes all sort of goals for the New Year, and trust me I have a longgg list of things I want to accomplish. I’ll spare you some time though, and only bore you with a few of my personal finance goals for 2019.
Investing has been heavy on my mind, and it’s something that I want to do a lot more of in the New Year. I personally believe that if you can’t stop thinking about a goal, then it’s time to take action and make it come to life. I’ve invested in a stock investing course that I’ve been working my way through the last month or so and it has been extremely helpful for me.
Another way that I plan to invest in 2019 is by getting into real estate. As you might know, my husband and I purchased our first home just in time for the holidays, but I also have my own personal goals to invest in real estate as a business. Now, for a more realistic take on things, I might not necessarily purchase more real estate this year, but I do plan to invest in myself, so that I can invest in my wealth, and be that much closer to reaching my other investing goals.
2. Raise My Credit Score
My credit score has been doing lovely the last few months. I feel like I’ve been making the right moves to get where I’m trying to go, but I want a 780 or above in the New Year and I don’t plan on stopping until I get there.
3. Pay down my student loan debt
Now, I can’t say that I’m in some crazy amount of student loan debt. It’s not 6 figures, it’s not pushing it at $90,000 and it’s honestly not even $50,000 worth of debt, but to me it’s all just debt that I don’t want to keep holding on to. I’ve done a very good job of planning my future educational and career goals around avoiding too much debt, or preferable any at all, and that’s the plan I want to stick to.
4. Pay Down My Mortgage
This is obviously a new goal for me. A very exciting one at that. When we got our keys I was cray excited, but the extreme number cruncher in me was like, “I can’t wait to start paying this thing OFF!” This obviously (clearly) won’t be happening in 2019, but I can accomplish a smaller goal of consistently paying it down on time, and at a more aggressive rate than required.
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5. Cut My Household Expenses
Cutting my household expenses will always be a personal finance goal of mine. Not just for a new year, but all year long. I’m always looking for ways to cut expenses, and increase the amount of money that I could possibly be saving. I redo our family budget when I feel like it’s needed, but a new year is a great time to look over things when you’re feeling fresh and positive for a financial change.
I will be saving saving saving all year long. Be sure to look out for my upcoming post on “A Few Easy Ways To Save” for inspiration to do some saving for your own family, and a little bit of how I personally plan to juggle our money to make sure it’s tucked away right where I want it. Also once again, be sure to subscribe for all of the great saving, budgeting, and personal finance content that I have coming your way.
Check out my post “5 Money Challenges to Try in 2019” here!