I have not been blogging as regularly as I would like. Chalk that up to lack of time and to a lesser extent, motivation. I will try to improve on that so as not to disappoint my one or two constant readers (haha). Below is a look at the goals that I had setup for myself for 2019 and a snapshot of where I stand on progress for those goals.
1. Keep Weight under 235 (see above for incremental goals):
This goal continues to elude me and is a cause for much disappointment and self-loathing. I just returned from a week-long vacation and my current weight is the highest it has been in about two years. I hope to regain my motivation and get that back down to my target. We shall see.
2. Max my 401K contributions:
In the recent past, my compensation structure was altered which led to a somewhat sharp decrease in my earnings. The correlating impact is that my 401K contributions have decreased in parallel. To date, I have contributed $10,920.03. Based on current calculations I should still reach this goal of maxing out the full $19,000 for calendar year 2019. As I have mentioned previously, I may also slightly increase my contribution rate. I will decide on that path later in the summer.
3. Fully Fund Wife’s ROTH IRA (Stretch Goal: Fully Fund my ROTH IRA as well):
Both of these accounts have been fully funded.
4. Read at least 24 Books & Listen to at least 24 audio books:
As mentioned above, I just returned from a vacation. That week gave me plenty of time to catch up on reading. My travels included approximately 12 hours in each direction in the car. Due to this I was able to complete 3 audio books. Additionally, ample beach and pool time led me to finish one book and start another. To date, I have completed 22 books and 19 audio books. This puts me way ahead of my targeted pace of 2 of each per month. If I can continue this pace, I will certainly raise my goal again next year.
5. Re-read “The Millionaire Fastlane” by MJ DeMarco & “Set for Life” by Scott Trench:
I have still not begun a re-read of either of these titles. I continue to utilize the reserve system at my local library, and this has kept me in a strong supply of books to read and this has caused me to fail to restart these two books, which I own. I have them sitting on my nightstand and fully intend to re-read them in the near future.
6. Get Vanguard Taxable Investment Account over $55k
This goal has been accomplished. At present, my taxable account sits at $57,613.89. While the market winds can change, I am confident that my continued bi-weekly contributions will keep this account above the targeted amount. Additionally, I am in the process of selling one of my rental properties (I will detail this transaction in a future post). Once this sale is concluded, some of those funds will be held aside for taxes, others will be earmarked for a kitchen renovation in my home and the rest will be moved to my taxable account. With this in mind, I hope to push this account above the $100K mark by years end.
7. Pay Credit Cards in full each month:
Thus far, I have paid all credit cards in full each month of 2019. However, this month, that target is in jeopardy. I ran up the credit cards quite a bit lately with issues at my rental properties and then vacation. Based on my current budget, I do not believe that I will be able to pay this card in full in the coming month, but I will ensure to get caught up in the next month at the latest.
8. Get HELOC Balance under $30K:
This goal has been reached. The current balance on the HELOC is $27,133.06. I have mentioned previously that I will revise this goal to now get the balance under $20,000 before the end of the year.
9. Continue to Blog weekly:
In the past few weeks, I have begun to struggle with this goal. I was on a strong streak of weekly publishing and starting to gain some momentum in creating community with certain readers and commenters, but this has fallen off as of late. I am struggling with my motivation a bit lately, but I will attempt to buckle down and get back on track.
10. Earn additional $100 per month in income through various side hustles:
For the most recent month, June 2019, I failed to reach the targeted amount. Below are the items I was able to earn.
- Swagbucks.com: $50
- MyPoints.com: $25
I did, however, receive a Father’s Day card from my parents that included a $25 check and additionally received a $50 gift card from my co-workers for my birthday. I was not sure if those should be counted in this category since they were gifts and not earnings. I can see the argument in either direction. But at the end of the day, this goal was about realizing additional money each month above and beyond my paycheck, so I guess with that in mind, I was able to realize an additional $150 in total for the month.