I hope not there aren’t too many sore heads this morning?
Anyway, most years, I make a few New Year resolutions, with varying degrees of success.
- No buying new books, only reading the ones I have at home – this worked for several years and was useful when I was paying down my debt and helped with de-cluttering.
- Exercising at weekends – I tend to be quite inactive at the weekends!
- Drink less alcohol – this started off as a resolution to improve my health and bank balance and then became habit as I now only drink at weekends (except when on holiday).
- Pay off debt – this resolution was often broken in the past!
- Save money – ditto!
2015 Financial Goals
- Save on average 50% of net salary – I didn’t hit this average in 2014 so aiming for it again in 2015!
- Value of Future Fund to reach
£60,000£50,000 (corrected here) – this will equal 2420% of my Future Fund Goal and will be a real stretch, because it’s dependant on both the value of my investments and me being able to really up my saving and cut spending to achieve it.
- Increase Net Worth by 20% – this is one of the goals I’ve set for Moneystepper’s 2015 Savings Challenge so may as well include it here also.
- Total Dividends from shares to reach £145 – I should be able to beat the £9.59 I received in 2014! Why £145? I like the idea of my TV licence being paid for by dividends haha! (only in theory of course, since I’ll be reinvesting the actual dividends).
- Make at least £500 from online endeavours – this will include getting cashback, selling stuff on ebay, doing online questionnaires and reviewing music.
- Maintain food/grocery budget of £25 per week (ie £100 over 4 weeks) – I started doing this in October and it wasn’t so bad, so I want to try it long(er) term.
2015 Non-Financial Goals
- Learn at least 12 new cooking recipes – despite my parents both being experts in the kitchen, I obviously didn’t inherit that particular gene! Whilst I cook a lot at home, I’m not very adventurous, usually end up rotating the same list of recipes which I’m ok at. I want to add new recipes to that list! Time to finally look through those unread cook books I have on the shelf (plus a couple of new ones I got as Christmas presents!)
- Attend at least two yoga/pilates classes a month – the classes aren’t at very convenient times, otherwise I would commit to doing a class at least once a week. If I can’t attend two in a month, then I will do the sessions at home (minimum 40 mins). This will be in addition to my aerobics/weight training sessions at the gym.
- Borrow and read at least 20 library books – I read around 40 books (fiction) a year, which I keep track of via GoodReads. If half of those books are borrowed from the library, that’s 20 less books that I will end up buying, plus I want to support the local library by using its facilities. All other books I will read on my Kindle where I have lots of unread ebooks. Last year, I think I borrowed around 10-12 books.
- Read at least two Personal Finance/Investing/Money related books – Some of you will think this one easy but I really struggle to read any kind of non-fiction, no matter how interesting the topic. Last year, I managed just one financial book, but it was a good one, from which I’ve devised most of my investment plan.
- Learn to complete the Rubik’s Cube without looking at instructions – yes a strange one, a puzzle/toy from my childhood, one that I was never able to crack! I can do two sides easily and am close but not quite there. I bought one last year as it’s supposed to give your brain a good workout and I’m starting to feel that my brain needs training these days!
Huw from Financially Free by Forty has some really interesting and inspiring goals, including ‘Relationship Goals’. I considered very briefly that I could make such a goal my own (ie to get into a meaningful relationship by the end of 2015) but the thing is, I’ve seen women who set themselves such goals and frankly, it’s not pretty, especially as it gets towards the end of the year and they’re still single!
That’s not to say looking for a relationship isn’t on my agenda – I just don’t want to put undue pressure on myself, haha!
Anyway, good luck to all with your 2015 goals and resolutions!