August 2008 Goals Update
Goal #1
Specific - Contribute to my 401k plan
Done. But I’m looking at my other goals and wondering if I should cut back on these contributions.
Grade: Pass
Goal #2
Specific - Reduce my credit card debt
Measurable - By 50% or $9,137 (rounded up to $10K)
Achievable - Monthly payments of $762
Miserable failure here, but we’re currently staring at $16,494 right now, which is an improvement of 4.9% from last year.
Grade: Complete and utter failure
New Goal #3:
Specific - Reduce my credit card debt on my highest balance card ~$13K
Measurable - By 50%
Achievable - ~$825 a month
On track. I even kicked over an extra $200.00 to it this month.
Grade: Pass
Budgets are Sexy. wrote:
Does your company match at all for 401k? Not sure how much you’re contributing or how much you’re thinking of holding back, but i’d imagine at least putting in what they match would be the best thing to do.
Posted on 03-Sep-08 at 4:11 pm | Permalink
mapgirl wrote:
My first year’s contributions will be matched at the end of the year, so I will top out on that fairly soon. That’s why I’m considering stopping them for the rest of 2008.
Posted on 04-Sep-08 at 9:41 am | Permalink