Hey, Guise! As you may already know, I attempt to do a first day of the month goals post for each month. Each month I write a post that entails all of my financial goals that I hoped to at least start working on , if not completely annihilate, altogether. So, in an effort in maintaining a semblance of consistency, here we go again! Let’s keep the party going!
Wake up, wake up, wake up it’s the 1st of the month!
A few things have happened for me, financially. Let me tell you about it…
Here we go:
- I am STILL working on becoming debt free
This task will be #1 on my list for a whiillle. I am paying off my only credit card AGAIN because I used it to pay the dues for a service organization that I am part of and now will have my utility bills charged to it to keep my credit, alive. That will be paid in full prior to the end of this month.
Also, I did NOT make a student loan payment this month, BUT I did figure out a way to actually start actively paying toward my principal, versus just the interest. I will update you more on that in a separate post.
I can’t wait until I make that last credit card ( AGAIN!) and student loan payment and can tell Capital One and my student loans to kick rocks with no socks.
- Create a Well-stocked Emergency Fund
I have really been focusing on killing off my debt so I haven’t been devoting much attention to saving. That’s changing, this month, too. Even if its just a few dollars. Something is always better
- Create Multiple Sources of Income
I have been contributing $45 from my weekly check to my Roth IRA. A week or so ago, I purchased 6 stocks of a presently undervalued pharmaceutical stock. I have high hopes for this stock because I believe it will increase in value, and more importantly its a dividend paying stock. So, I’m pretty hype!
- Planning for early retirement
Sloowwwwlllyyyyy but suuuuuurrreeely. I am contributing the minimum amount of my check to receive the Employer sponsored match in my 401k and, as stated above, I am contributing $45 dollars a week to my Roth IRA. I will invest into more stocks once I reach the $500 threshold, again. Preferably sticking with dividend stocks, which are stocks that pay shareholders dividends once or more a year. When I earn more income, I want to invest more. Working on that part.
What are your financial goals and how do you plan to accomplish them? Have there been any updates or you like there were for me? Let me know in the comments!