Thursday, February 20, 2014

My Big Bodacious Financial Goals for 2014

Hey guys!

I wanted to share my big, bold, and bodacious financial goals for 2014 with you.

2014 Financial Goals
  1. Earn $35k more in 2014 than I did in 2013
    1. Ask for raise or get a new job with higher salary (goal is to make $5,000-$10,000 more in 2014 than I did in 2013 through my full time work); and
    2. Earn $25,000.00 doing freelance/ consulting work on the side.
  2. Save $45k cash
  3. Pay off $45k of student loans with cash saved and reduce outstanding student loan debt to around $130k
  4. Invest $5k in 401(k)
  5. Invest $2,500 in Index Fund
  6. Increase net worth by approximately $60,000.00
  7. Have an emergency fund of $15,000.00
  8. Cut spending
  9. Pay off credit cards in full each month & don't acquire new debt
  10. Save $1,000.00 for vacation and actually take a vacation this year
  11. Donate $150 to charitable causes
  12. Find creative ways to be more generous to my loved ones
These goals are very ambitious for me and will definitely take me out of my comfort zone.  I like a good challenge, so let's see how many of these I will have accomplished by the end of the year.  

What are your financial (and personal) goals for 2014?


  1. I love your goals list! I also love that you are taking charge of your situation instead of feeling all "woe is me." You're awesome and can totally do this :) Takes time and patience.

  2. Thank you so much, Renee! With support from my boyfriend, family, friends, and readers like you, I have no reason in the world to pity myself or my situation. In fact, I feel pretty lucky and grateful about everything in my life. A little debt won't get me down. :) Take care!