Comments on: Goals For 2008 – Plus Steps We’re Taking To Prepare For The New Baby And A New Year http://www.ncnblog.com/2007/12/06/goals-for-2008-plus-steps-were-taking-to-prepare-for-the-new-baby-and-a-new-year/ Debt Reduction Rocks - We Are Living Debt Free! Sat, 21 Nov 2009 11:44:22 -0800 http://wordpress.org/?v=2.8.6 hourly 1 By:   Taking A Look At My 2008 Goals by No Credit Needed http://www.ncnblog.com/2007/12/06/goals-for-2008-plus-steps-were-taking-to-prepare-for-the-new-baby-and-a-new-year/comment-page-1/#comment-138596   Taking A Look At My 2008 Goals by No Credit Needed Wed, 03 Dec 2008 13:09:02 +0000 http://www.ncnblog.com/2007/12/06/goals-for-2008-plus-steps-were-taking-to-prepare-for-the-new-baby-and-a-new-year/#comment-138596 [...] December, I created some goals for 2008.  Throughout the year, I have been tracking my progress.  Here’s where I stand, with one [...] [...] December, I created some goals for 2008.  Throughout the year, I have been tracking my progress.  Here’s where I stand, with one [...]

]]> By:   Reader Poll - How Far Out Are You Planning? by No Credit Needed http://www.ncnblog.com/2007/12/06/goals-for-2008-plus-steps-were-taking-to-prepare-for-the-new-baby-and-a-new-year/comment-page-1/#comment-136812   Reader Poll - How Far Out Are You Planning? by No Credit Needed Mon, 17 Nov 2008 19:13:06 +0000 http://www.ncnblog.com/2007/12/06/goals-for-2008-plus-steps-were-taking-to-prepare-for-the-new-baby-and-a-new-year/#comment-136812 [...] have already written about my financial priorities and my annual goals - and now I think I’m ready to put together a comprehensive plan for the next decade (or [...] [...] have already written about my financial priorities and my annual goals – and now I think I’m ready to put together a comprehensive plan for the next decade (or [...]

]]> By:   Midyear Retirement Funding Checkup (One Month Late): Taking A Look At My 2008 Contribution Goals by No Credit Needed http://www.ncnblog.com/2007/12/06/goals-for-2008-plus-steps-were-taking-to-prepare-for-the-new-baby-and-a-new-year/comment-page-1/#comment-123590   Midyear Retirement Funding Checkup (One Month Late): Taking A Look At My 2008 Contribution Goals by No Credit Needed Sat, 02 Aug 2008 04:25:38 +0000 http://www.ncnblog.com/2007/12/06/goals-for-2008-plus-steps-were-taking-to-prepare-for-the-new-baby-and-a-new-year/#comment-123590 [...] in December, I posted my financial goals for 2008.  I thought it my be interesting to see how I’ve done, seven months into the year.  The [...] [...] in December, I posted my financial goals for 2008.  I thought it my be interesting to see how I’ve done, seven months into the year.  The [...]

]]> By: Rebuilding My Non-Retirement Savings (Formerly Known As The Emergency Fund) http://www.ncnblog.com/2007/12/06/goals-for-2008-plus-steps-were-taking-to-prepare-for-the-new-baby-and-a-new-year/comment-page-1/#comment-76343 Rebuilding My Non-Retirement Savings (Formerly Known As The Emergency Fund) Wed, 23 Jan 2008 03:30:45 +0000 http://www.ncnblog.com/2007/12/06/goals-for-2008-plus-steps-were-taking-to-prepare-for-the-new-baby-and-a-new-year/#comment-76343 [...] in December, I set some goals for 2008.  Since then, I went ahead and fully-funded my Roth IRA for 2008.  That decision, coupled with [...] [...] in December, I set some goals for 2008.  Since then, I went ahead and fully-funded my Roth IRA for 2008.  That decision, coupled with [...]

]]> By: Stephanie http://www.ncnblog.com/2007/12/06/goals-for-2008-plus-steps-were-taking-to-prepare-for-the-new-baby-and-a-new-year/comment-page-1/#comment-69302 Stephanie Thu, 03 Jan 2008 20:17:26 +0000 http://www.ncnblog.com/2007/12/06/goals-for-2008-plus-steps-were-taking-to-prepare-for-the-new-baby-and-a-new-year/#comment-69302 Hmm, this has made me decide to make a chart for myself...with reasonable money goals as well as those stretch goals. Let's see how they go! Hmm, this has made me decide to make a chart for myself…with reasonable money goals as well as those stretch goals.
Let’s see how they go!

]]> By: My Goals for 2008 | godsgreenearth.ws http://www.ncnblog.com/2007/12/06/goals-for-2008-plus-steps-were-taking-to-prepare-for-the-new-baby-and-a-new-year/comment-page-1/#comment-61054 My Goals for 2008 | godsgreenearth.ws Thu, 13 Dec 2007 16:31:01 +0000 http://www.ncnblog.com/2007/12/06/goals-for-2008-plus-steps-were-taking-to-prepare-for-the-new-baby-and-a-new-year/#comment-61054 [...] greatly inspired by J.D.’s articles at Get Rich Slowly. This one on goals really inspired me. No Credit Needed also has a great article on his 2008 goals, which also inspired me to get very specific with mine. [...] [...] greatly inspired by J.D.’s articles at Get Rich Slowly. This one on goals really inspired me. No Credit Needed also has a great article on his 2008 goals, which also inspired me to get very specific with mine. [...]

]]> By: Becky http://www.ncnblog.com/2007/12/06/goals-for-2008-plus-steps-were-taking-to-prepare-for-the-new-baby-and-a-new-year/comment-page-1/#comment-59866 Becky Mon, 10 Dec 2007 04:22:13 +0000 http://www.ncnblog.com/2007/12/06/goals-for-2008-plus-steps-were-taking-to-prepare-for-the-new-baby-and-a-new-year/#comment-59866 Some goals for my husband and I for 2008: ~$4000 into each ROTH and continue contributions to our 401k's ~$100/paycheck toward our emergency fund ~as much extra cash as possible into our "new siding" fund , goal of about $4000 so we can get siding put on in the spring of 2009 Good luck on your goals, everyone! Some goals for my husband and I for 2008:

~$4000 into each ROTH and continue contributions to our 401k’s
~$100/paycheck toward our emergency fund
~as much extra cash as possible into our “new siding” fund , goal of about $4000 so we can get siding put on in the spring of 2009

Good luck on your goals, everyone!

]]> By: Weekend Update: Get Fit Slowly Edition ∞ Get Rich Slowly http://www.ncnblog.com/2007/12/06/goals-for-2008-plus-steps-were-taking-to-prepare-for-the-new-baby-and-a-new-year/comment-page-1/#comment-59545 Weekend Update: Get Fit Slowly Edition ∞ Get Rich Slowly Sun, 09 Dec 2007 09:01:13 +0000 http://www.ncnblog.com/2007/12/06/goals-for-2008-plus-steps-were-taking-to-prepare-for-the-new-baby-and-a-new-year/#comment-59545 [...] has set his goals for 2008. I like the idea that he sets “definite” goals and “stretch” goals. When I [...] [...] has set his goals for 2008. I like the idea that he sets “definite” goals and “stretch” goals. When I [...]

]]> By: Tim http://www.ncnblog.com/2007/12/06/goals-for-2008-plus-steps-were-taking-to-prepare-for-the-new-baby-and-a-new-year/comment-page-1/#comment-59343 Tim Sat, 08 Dec 2007 18:27:38 +0000 http://www.ncnblog.com/2007/12/06/goals-for-2008-plus-steps-were-taking-to-prepare-for-the-new-baby-and-a-new-year/#comment-59343 NCN, I agree that your goals should push you; however, constantly making unattainable goals is counter productive and rather defeatist. Believe it or not, there is added stress in not attaining your goals; moreover, there will always be unexpected things popping up, which again adds additional stress. Part of effectively managing anything is to reduce the oh craps in our life. Why put the burden on yourself, when you can make it a 2:3 chance of success? You are still pushing yourself, but also reducing your stress load and creating a buffer for unexpected things. You can always dump whatever remains at the end of the month and the year into savings. Yes, you have until april 08 to fund certain items, but that also means you are reducing your 08 savings goals in order to play catch up. as for lessons, part of managing your finances is to learn what you did right and what you did wrong the previous year. If you did not reach your financial goals for the previous years, you should analyze why and then apply for your financial goals for the new year. There is nothing wrong with exceeding your goals, either. NCN,
I agree that your goals should push you; however, constantly making unattainable goals is counter productive and rather defeatist. Believe it or not, there is added stress in not attaining your goals; moreover, there will always be unexpected things popping up, which again adds additional stress. Part of effectively managing anything is to reduce the oh craps in our life. Why put the burden on yourself, when you can make it a 2:3 chance of success? You are still pushing yourself, but also reducing your stress load and creating a buffer for unexpected things. You can always dump whatever remains at the end of the month and the year into savings. Yes, you have until april 08 to fund certain items, but that also means you are reducing your 08 savings goals in order to play catch up.
as for lessons, part of managing your finances is to learn what you did right and what you did wrong the previous year. If you did not reach your financial goals for the previous years, you should analyze why and then apply for your financial goals for the new year. There is nothing wrong with exceeding your goals, either.

]]> By: livingalmostlarge http://www.ncnblog.com/2007/12/06/goals-for-2008-plus-steps-were-taking-to-prepare-for-the-new-baby-and-a-new-year/comment-page-1/#comment-59171 livingalmostlarge Fri, 07 Dec 2007 22:38:08 +0000 http://www.ncnblog.com/2007/12/06/goals-for-2008-plus-steps-were-taking-to-prepare-for-the-new-baby-and-a-new-year/#comment-59171 Question do you pay income tax on the subsidized housing? If so will having another dependent increase your chances of getting hit with AMT? AMT now hits many middle class people because of large number of deductions like child tax credit, # of dependents, etc. I worry all the time about us as DINKS getting hit as soon as we have kids. However I think we're fine because we're passing the point of getting hit where we just pay a lot of taxes period. Question do you pay income tax on the subsidized housing? If so will having another dependent increase your chances of getting hit with AMT? AMT now hits many middle class people because of large number of deductions like child tax credit, # of dependents, etc. I worry all the time about us as DINKS getting hit as soon as we have kids.

However I think we’re fine because we’re passing the point of getting hit where we just pay a lot of taxes period.

]]>