I have seen this on a few blogs and take no credit for coming up with this! I have edited it slightly to make it perfect for me.
#1 – Finance a dream vacation…in cash
This is top of my list!! I so desperately want to go to the Calgary Stampede. It will be a big chunk of change though, about $2000
#2 – Pay off your student loans
I am sitting at about $17,500 right now with 3 more semesters to go. I plan on paying for my summer semester on my own. And who knows, if I get good at this saving thing, maybe next years also!
#3 – Automate paying your credit card bill in full
My parents always told me this, but I of course didn't listen and got myself about $500 in debt. Not to bad and I am working to quickly pay that off and get it under control.
#4 – Get rid of all bad debt
I am starting off early with mostly student loans. If I work hard enough at it I will have it all paid off in a few years.
#5 – Build an adequate emergency fund
I guess you could kind of say I have started. I have about $1500 right now, but it is from my student loan check I recently got, so it will be going back to that soon.
#6 – Make your first, and last, investment mistake
I am sure this is to come. As of right now I know NOTHING about investing, but it is definitely something I am interested in and want to get involved in.
#7 – Develop a statement of cash flows
I am working on this, and hopefully by the end of the year I can have an idea of my net worth.
#8 & 9 Max out a RRSP & Contribute to your TFSA
To max these out I would need to have them. So getting these are on my to-do list this year!
#10 – Get a degree or certification that increases your earning power
Working on it! ;)#11 – Take a career risk
Because I am still pretty young, I do not have a career yet..
#12 – Negotiate something
I didn't do much negotiating when I bought my car. Maybe a job offer in the future!
#13 – Earn your first side grand
I assume this will come when I get my full time job, and continue to serve
#14 – Start a sub-savings account for an upcoming financial goal
I have a piggy bank that I put a decent amount in regularly, I have no idea how much is in it, but its there for a rainy day!
#15 – Set a target retirement date
No date is set in stone, but I am guessing of right now I will be working until 65 at least.
#16 – Monitor your credit
I have wanted to get my credit score for a while now. I have a friend who has access to this, maybe I will call him up..
#17 – Have at least a 20% down payment for your house.
I don't think I would do anything less. But I must start this fund!
#18 – Give just enough to make it hurt
I feel like I give to my friends more then people who really need it. For example, picking up the check for dinner because they drove. ($5 in gas vs. $50 dinner)
Two Milestones for the Over Achiever
#19 – Invest $1 for every $1 you spend
That sounds like a lot of work, I don't know if I am ready for that one!
#20 – Start a 529 College Savings Plan
The day my child is born I will be running to the bank to do this! Wish my parents did that!
#1 – Finance a dream vacation…in cash
This is top of my list!! I so desperately want to go to the Calgary Stampede. It will be a big chunk of change though, about $2000
#2 – Pay off your student loans
I am sitting at about $17,500 right now with 3 more semesters to go. I plan on paying for my summer semester on my own. And who knows, if I get good at this saving thing, maybe next years also!
#3 – Automate paying your credit card bill in full
My parents always told me this, but I of course didn't listen and got myself about $500 in debt. Not to bad and I am working to quickly pay that off and get it under control.
#4 – Get rid of all bad debt
I am starting off early with mostly student loans. If I work hard enough at it I will have it all paid off in a few years.
#5 – Build an adequate emergency fund
I guess you could kind of say I have started. I have about $1500 right now, but it is from my student loan check I recently got, so it will be going back to that soon.
#6 – Make your first, and last, investment mistake
I am sure this is to come. As of right now I know NOTHING about investing, but it is definitely something I am interested in and want to get involved in.
#7 – Develop a statement of cash flows
I am working on this, and hopefully by the end of the year I can have an idea of my net worth.
#8 & 9 Max out a RRSP & Contribute to your TFSA
To max these out I would need to have them. So getting these are on my to-do list this year!
#10 – Get a degree or certification that increases your earning power
Working on it! ;)#11 – Take a career risk
Because I am still pretty young, I do not have a career yet..
#12 – Negotiate something
I didn't do much negotiating when I bought my car. Maybe a job offer in the future!
#13 – Earn your first side grand
I assume this will come when I get my full time job, and continue to serve
#14 – Start a sub-savings account for an upcoming financial goal
I have a piggy bank that I put a decent amount in regularly, I have no idea how much is in it, but its there for a rainy day!
#15 – Set a target retirement date
No date is set in stone, but I am guessing of right now I will be working until 65 at least.
#16 – Monitor your credit
I have wanted to get my credit score for a while now. I have a friend who has access to this, maybe I will call him up..
#17 – Have at least a 20% down payment for your house.
I don't think I would do anything less. But I must start this fund!
#18 – Give just enough to make it hurt
I feel like I give to my friends more then people who really need it. For example, picking up the check for dinner because they drove. ($5 in gas vs. $50 dinner)
Two Milestones for the Over Achiever
#19 – Invest $1 for every $1 you spend
That sounds like a lot of work, I don't know if I am ready for that one!
#20 – Start a 529 College Savings Plan
The day my child is born I will be running to the bank to do this! Wish my parents did that!
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