My Frugal Miser - 2024 Goals

Every year I publish a handful of goals.  I usually meet some and fail at others.  Without this roadmap, I would lack the direction I need to achieve anything.  Here are my 2024 goals.

Financial

• Increase Net Worth by $100,000
• Invest 30% of gross meeting income in index funds
• Invest 10% of gross meeting income in more aggressive investments

In 2023 my net worth has barely budged, so I have created these goals to ensure success.  I should be able to invest between $25,000-$30,000 next year if I follow this plan.  The remaining increase in net worth should come from existing investments in stocks and real estate.  

Committing 40% of gross meeting income to investments is aggressive (it's well over half my after-tax income).  The plan is to lever up other income (rideshare, making deliveries, etc.) when there is a shortfall.

Health

• Exercise at least 5x/week.
• Lose weight.

I should assign a specific weight loss goal, but I also want to build muscle, so I'm more focused on how my body looks in the mirror and how it fits into clothes.  

Simplify

• We have owned two mopeds since 2012.  They don't run.  It's time to either repair and use them or get rid of them.  I'll do that in 2024.
• I would like to eliminate 30-50 pieces of clothing in 2024, and remove at least 2 items per week from the house.

Have Fun, On a Budget

• I will limit spending on Fun to $5,000 in 2024.
• I would like to take a few short getaways using points and miles to places I've never been.