2008 Financial goals accomplished. What’s next?
Written by Roger Garrett on January 6, 2009 – 2:50 pm -My (pre-lump sum) financial goal for 2008 was to have $13K in our savings account. Just so happens, we currently have $15.7K in our savings account. And that’s post lump sum.
HOW (you might ask)?
Well it’s not all bad. I’ve been positioning myself and my family to be more prosperous for the future (starting in ‘09). Basically I’ve invested in myself and the market. As I’ve once hinted on, I’m planning on becoming a tattoo artist and I’ve invested approximately $10K in that which will give me a lifelong trade and a chance to make some really good $ down the line.
Besides that, I’ve thrown $20K in this down market with all of this turmoil surrounding us. I dind’t buy in at the bottom but I’m comfortable where I bought in. Because of our blessing, so far we’ve given away $3.5K ($500 left to give) to various friends and family in need. We also had to pay $2000 to our health insurance plan. To top it all off we went to Miami for Christmas which set us back about $3500.
So all in all, we have a comfortable 6+ months emergency stash saved up even while my wife & I losing our jobs at different times during the year.
Because of our investments I believe ‘09 will be a much better year despite all the negative things that are happening around us. I haven’t decided what our ‘09 financial goals will be because everything is so much up in the air right now. I have to be honest, I hate instability and now is a really unstable time for us.
My wife’s pregnant and jobless (laid off). I don’t mind it as I expect her to continue to be unemployed because I refuse to believe someone will hire a pregnant lady to do a white collar job. So I have to make things happen for us which I started working on around the time I thought I may be getting the pink slip from Sprint (which I eventually got).
I’ll let you in on more when i know more.
Roger.
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