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Goals Update for End of February 2009

February was a super busy month, both in striving to accomplish my goals and for other reasons. I finished painting my condo, which comes with a super awesome feeling of accomplishment. Every apartment I lived in had white walls, so this definitely provides me with a home feeling more than a temporary living arrangement feeling. I purchased a new laptop, which I’m using right now. I’m super happy with the purchase and once I get used to the feel of the key board, I will hopefully be cranking out posts and working on my online ventures. Now for the goal update.

Personal Finance Goals

  • Fully fund 2008 Individual 401k ($0/$8,207.00) – I filed my 2008 tax return towards the end of the month, which required actually calculating the final value that I can invest in my individual 401k. The value ended up being around $2,000 less than what I had expected (due to the driving mileage expenses), which will make it easier to accomplish this goal. I should have a rather large tax refund coming within a week or two because of the first time home buyer credit. As soon as I receive the tax refund, I will begin investing in this account. I will probably have this goal accomplished before the end of March. I am fully set up with Vanguard Small Business and have linked my bank account, so there is nothing holding me back from funding this account.
  • Fully fund 2008 Roth IRA ($0/$5,000) – As soon as I knock off the individual 401k goal, I will work on funding this account. I have until April 15th to contribute to this account.
  • Fully fund 2009 Individual 401k ($0/$1,056.00) – I will not begin funding this account until after the previous two goals are accomplished. My Individual 401k account target goal for 2009 will increase every month as I make more money from tutoring (and hopefully many online ventures).
  • Fully fund 2009 Roth IRA ($0/$5,000) – I will not begin funding this account until after the 2008 tax filing deadline.

Alternative Income Goals

  • Turn blogging into a source of income – During last month’s goal update, I stated my mini-objectives for developing some income from blogging, I have made some progress, but still have not generated one penny. I have my free money page all but completed and will have it posted by the end of this weekend. It should be a great resource for anybody looking to earn some free money in a variety of different ways. I will be posting some affiliate ads on my site by the end of the month (I will not put links on my page for a product that I don’t use myself). As of right now, I have to generate about $35 to cover my first year of hosting and the domain name. I also purchased a laptop, which cost $530. I’m hoping to generate enough income from blogging to cover this cost.
  • Increase monthly page views and subscribers – At the end of last month I had a daily high for page views of 22 and only 9 subscribers. In February, my high for page views was 42 and I now have 17 subscribers (thank you everyone for subscribing, I hope to generate a community feeling at this blog so don’t be afraid to comment). I increased the number of carnivals that I participated in this month and even wrote two guest posts. I will try to guest post once a week or once every other week to drive more traffic to my site. I’m beginning to see search traffic trickle in, and I will be spending some time upgrading my SEO to generate even more search traffic. By the end of the year I will try to host a carnival or two as well.
  • Replace tutoring income through a company with my own personal clients – I have made no attempts at tutoring on my own. I failed to email my old professors about tutoring, but I hope to do so in the near future. I previously blogged about expanding my tutoring business and outlined a good path for doing so.

General Goals

  • Travel to two cities I’ve never been to – I don’t currently have any plans set in stone for traveling to two new cities, but it is still early. I do have a tentative weekend for a trip to Atlanta to see my Braves dominate the Phillies and Mets.
  • Get in shape – I’ve lost about 1 pound since the beginning of the year. I will most likely have to start eating healthier at lunch if I want to get my weight down to a good running weight. I’ve been swimming and will have to swim more often for the near future as my circuit training and stair climbing put a wicked hurt on my knee. I’m hoping this doesn’t last long as I want to start running minimally as soon as possible. Hopefully it will warm up enough soon to start biking again. I can’t wait to get back on those hilly roads.

I’m still on target for meeting all of my goals for 2009. I wouldn’t mind getting ahead of the game a little in March. I always like to be ahead of the game. I have a feeling like March Madness will prevent me from doing so. I can not wait for March Madness. I’m seriously thinking about being “sick” for the first Thursday and Friday of the tournament. Would I be wrong in taking off work to sit around and watch basketball all day? I don’t think it’s wrong as I would spend most of the day keeping myself updated anyways. What do you all think?

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2 Responses

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  1. MoneyProgress says

    Hello there!

    I don’t remember how I got here but I saw your site a couple of days ago and have come back a few times now to keep checking it out. I’m in the process of starting up my own blog and it seems like I have a fair amount in common with you.

    Anyways, I’ll be around and checking out your updates!

  2. Steve says

    @MoneyProgress, I don’t know how you got here either, but I’m glad you have found your way back. You can subscribe via email or RSS at the top of the page if that makes it any easier. Thanks for stopping by.



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