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About Me:

Patrick

Single male in Ohio born in 1963. I'm "the toyguy" because I work in the toy dept. of a large retail store.

2011 Goals:

- Pay myself back into my savings account the money that I used to pay off my mortgage.
- Put $3000 into a Traditional IRA again.
- Put $1000 into a Roth IRA.
- Add at least $2000 to my Antarctica fund.
- Add $400 to Emergency Fund (At end of 2010 I have $2526 in this fund)
- Put at least some money into my car fund. I have a car fund created at ING with about $25 in it but need to start saving for a future car purchase.
- Go to Scotland for a week in May for a ghost tour and stay a few days in New York city.
- Might have to have another expensive roof repair. Last year or so I had to have half the roof done and was very satisfied. But I think I have to have the rest of the roof done now.
- Take a short trip to New Orleans for Halloween.

2010 Goals:

X- Pay myself back for latest car repair (rear breaks)
X- Add $400 to my E-Fund
(Added $410)
X- Continue putting whatever money I can into IRA fund for 2010 and 2011.
X- Put $3000 into IRA for 2010
X- Have income taxes done before end of March
X- Continue paying at least $100 extra on Principal of my mortgage each month
X- Continue putting whatever extra I can afford into my Travel Fund
X- Have to call Tours of Terror to make arrangements for Ghost Tour in Scotland for next year.
X- Try to take a trip to west Virginia in Spring or early summer.
- Take a short trip to Phoenix Arizona if I can get very low cost tickets. (FAILED. Couldn't get cheap enough airfare)
X- Figure out exactly when I can pay off the rest of my mortgage. It might be this year or the end of next year.

"Lofty" 2010 Goals:

X- Pay off my house completely by November. This one is not so lofty cause I will be paying it off sometime regardless. November will be the absolute earliest though.
(Paid off end of October)
X- Start an Antarctica Fund and save at least $1000 in it. I want to go there someday but its very expensive and my Travel Fund alone will never be able to handle it. (Put in $1200)
- Put at least an extra $1000 into my 2010 IRA than stated above but put it into a Roth instead of a Traditional.
(Failed. Never got around to this one)

2009 Goals:
X- Pay myself back $344 for muffler repairs on my car from December of 08.
X- Add $400 to my E-Fund.
X- Continue saving for a total of $4000 for 2009 IRA.
X- Start saving for total of $3000 for 2010 IRA. (Saved $690)
X- Have my first ever yard sale when the weather starts getting nice this spring.
X- Try to take a real vacation around July or August possibly to Costa Rica.
X- Pay at least $100 extra per month to Mortgage principal. I plan to pay off my mortgage completely before the 20 year mark which is about 3 years from now.

2008 Goals:
- Continue using Quicken to keep my checking and other accounts in order.
- Save at least an additional $400 into my
E-Fund (DONE) which currently has $1,200 in it. My overall goal for E-Fund is $12,000.
- Slowly work on building up a car fund. (VERY SLOWLY)
- Save enough into Travel Fund to take a good vacation in October. (Saved enough money but cannot travel this year)
Save $4000 for 2009 IRA contribution.
- Continue my "Paper (clutter) Challenge"
- More to come as I think it over.

Goal update

January 9th, 2009 at 08:42 pm

I'm going to start posting updates on when I accomplish anything from my 2009 goals. I'm hoping this will help me stay focused and maybe do better than planned.
Also it will help me keep track of what I'm doing.

Today was payday and I did some calculating so I completed the goal of paying myself back the $70 for a car battery.
I also paid myself back $80 from the other car repairs I had. So now I still owe myself $264 for that.

I also put some money from my check ($50) towards the extra Principal on my house. That I'll just add up and send in when I pay my house payment of course. Basically I'm only sending in 100 extra per month but the more I can save towards that goal will help me through the leaner months ahead.

Posted in Uncategorized | 6 Comments »

6 Responses to “Goal update”

merch Says:
January 9th, 2009 at 08:45 pm 1231533900
1231533900

I update my goals more then I blog and find that it keeps me focused on the goals. I usually then do a mid month and end of month update just to collect my thoughts and where am going and why.
toyguy1963 Says:
January 9th, 2009 at 08:47 pm 1231534074
1231534074

Thanks Merch. Yeah I kinda keep track of my goals on my own like that too but I lose focus and forget this or that. Keeping track of things on here more will help me a lot I think.
ceejay74 Says:
January 9th, 2009 at 09:13 pm 1231535638
1231535638

I blog every time I make progress, and I update my sidebar at the same time. It makes each bit of progress feel like a meaningful event because I get to share it with you guys. I agree it will probably help you a lot!
fern Says:
January 9th, 2009 at 11:43 pm 1231544615
1231544615

Hey, i miss your posts.

I like to post all my financial goals cus it really keeps my eye on the ball. Great job on the mortgage prepayments. Don't say "only" becus a lot of people can't (or won't) do that, and actually even that amount will make a big difference.
Koppur Says:
January 10th, 2009 at 02:54 am 1231556043
1231556043

Sometimes I post 3 or 4 posts a day, but it helps keep me on track with my goals, too. And the sidebar is a constant reminder.

Great job with paying yourself back and for having the extra to go towards your house payment. You get a KUDOS!
toyguy1963 Says:
January 10th, 2009 at 06:01 am 1231567316
1231567316

Thanks everyone.

Ceejay I need to update my sidebar too. I think I'll leave my 08 goals on there but add my o9 to them.

Fern I didn't really go away. I'm just not a frequent poster. I am going to post more now that I'm tracking my goals. Ohh and i'm very sorry about your cat. Just wanted to let you know I read about it and it was a difficult subject for me to reply to.
My cat has been ill most of the past year and its difficult to deal with.

And last but not least kopper!
I hope my KUDOS is the kind made out of chocolate. mmmmmmm.

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The Toyguy's Blog

Chugging along at a snail's pace.

Goal update

6 Responses to “Goal update”

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