Thursday, 3 January 2008

Goals for 2008

Well, this is the third day into year 2008. After feasting on the ever increasing meals that occur over the festive season, we are at home and just enjoying the last few days of the holidays before returning to normal house life.

In betweens the fits of laughter with my incredibly active son and lovely wife, I had some time to reflect on some of the goals to aim for in 2008. We all have the same goals year in year out, the ones such as trying to attain a happy life or achieve financial independence. These are all well and good, but I think if I focus on some smaller achievable goals, it may help me make some headway. The goals that I am aiming for small goals but has a large impact on my life (hopefully!).
  1. Get a GTD system going and tweak it so that it works. If the system allows me to achieve 85% of the weekly tasks, than I would consider that a working system. Currently, I am using the todo list on my Palm Pilot organiser. It is working so far. Getting a GTD system working will also stop me from making mistakes, delaying things, missing bills etc and it should save me some money along the way. My goal is to complete 85% of all the tasks for the week.
  2. Ensure that the emergency fund is at correctly level. The emergency fund is one area that I have be neglecting in 2007. This year, with all the credit card biils paid off, I want to maintain a good level of emergency fund. My goal is to determine what our emergency fund level needs to be and maintain it at this level.
  3. Seriously starting making a dent into the mortgage. Louise at My Journey to eliminate debt is doing a marvelous job reducing her debt, especially her mortgage. She gives me inspiration, and hopefully I can be as passionate about mortgage reduction as her. My goal is to reduce our mortgage to 10% of what it is today.
  4. Crank out some articles for this blog. I started this blog as a way of exploring some of the financial decisions that I have the make. I know that the number of articles has reduced to a trickle over the last few weeks. My goal is to have 2 articles per week.
As with any new year goals or resolutions, it is largely dependent upon the personal situation and may change as the personal situation changes.

If you have made some goals for 2008, I wish you every positive luck in meeting them.


Ropheka said...


tehnyit said...

ropheka, thanks for stopping by. I just visited your blog. Very interesting about biotechnology. I shall revisit it again!.

louise said...

hi tehnyit, your goals look great and paying down the mortgage really does feel good when you add up the savings, best wishes to you for 2008