Month: May 2014

Setting and Reaching Long Term Personal Finance Goals

Since we’ve covered microgoals, short term goals, and intermediate term goals, it’s appropriate to tie up this little series with a look at long term personal finance goals. What’s a long term goal? For most people, a long term financial goal usually involves a very large purchase equaling multiple years of salary (like a dream …

Setting and Reaching Intermediate Term Personal Finance Goals

Once our house is bought and furnished, our next goal will be focusing on a pair of vehicle replacements that will occur roughly five years from now. We would truly prefer to pay cash for both vehicles if at all possible, so that means we need to start saving now to reach this goal. What’s …

April 2007 Review – Net Worth +7.6%, Debts -2.3%, Assets +2.2%

It’s time for that monthly financial review again, where I make sure I’m keeping up with my short-term financial goals. I generally break things down by evaluating my assets, my debts, and then my net worth, and then using these numbers, I attempt to set goals for the coming month. This is a useful exercise …

Categories: Money

Setting and Reaching Short Term Personal Finance Goals

As I mentioned earlier this week, right now we are focused on saving for a number of short term goals, mostly related to properly outfitting our house once we move in. We currently have minimal furniture and minimal appliances as well, so we are going to have a lot of needs when we first move …

Goals, Dreams, and Values: Separating the Tangible from the Fantastic

When I was just starting out my professional career, I had all sorts of crazy dreams: an amazing car, an amazing house, and so on. I believed my life was headed in such a direction that such things were an inevitability and that they would just simply come to me. I wanted them badly, but …

A Reader Runs In Place

I recently received the following email from a reader, who I will call Annie: I’ve been reading your site for a while now, and while I do enjoy much of your advice, I must admit there is one thing that really frustrates me. You talk a lot about saving and investing, but what if you’re …