Pages

Search My Frugal Miser

Saturday, January 4

My Frugal Miser - How I Did On My 2024 Goals

  Every year I set a few goals to keep me on track.  In 2024 I published goals in 4 categories:

Financial

  • Increase Net Worth by $100,000
    • Results:  Net Worth increased by $148,000.  Exceeded!
  • Invest 30% of gross meeting income in index funds
    • Results:  Achieved!
  • Invest 10% of gross meeting income in more aggressive investments
    • Results:  Achieved!

Health

  • Exercise at least 5x/week.
    • Results:  Achieved!
  • Lose weight.
    • Results:  Failed.

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.
    • Results:  Failed.
  • I would like to eliminate 30-50 pieces of clothing in 2024, and remove at least 2 items per week from the house.
    • Results:  Semi-Success.  I didn't track the count but made several trips to the local thrift store donation drop-off area.

Have Fun, On a Budget

  • I will limit spending on Fun to $5,000 in 2024.
    • Results:  Achieved!  I spent $4,248.
  • I would like to take a few short getaways using points and miles to places I've never been.
    • Results:  Neutral.  We visited Huntsville, AL for a music festival.  I'd been there before but never for fun.  We also took a trip to Asheville in July and had an amazing time, but have been there before.  Lastly, we visited New Orleans and took a cruise from there.  Again, not a new city, but was a fun trip.
I am happy with the goals I set and the progress I made.  If I hadn't set these goals, I would not have achieved some of them.  For example, it took a lot of discipline to invest 40% of my meeting income each and every month.  Knowing I was tracking it - and publishing my progress - kept me accountable.  How did you do with your goals?

1 comment:

  1. You did great on your goals. I didn't do too well on my goals. I did manage to add $10k to my savings, but I failed on my running and weight loss goals. I still need to make goals for this year. I need to focus on losing weight and getting healthier. I haven't decided what goals I will make to achieve that yet.

    ReplyDelete