I recently read a post on Saving4Later where the author of the blog tries to list her 20 financial goals as advised by the author of a book she was reading. She was only able to list five.
I thought it sounded like an interesting exercise so I tried writing my own list. Here’s what I came up with:
- Save £2,000 for new kitchen.
I really need my kitchen re-fitted and completely re-decorated so this is one of my number 1 goal at the moment.
- Save £3,000 in an emergency fund.
Everybody should have one.
- Pay off ALL debts.
By December 2009, if things stay on track, I should be debt-free. Never again!
- Save £500 for a bonding holiday with LM.
I've had a holiday with just Lise alone but not with LM. That needs to be rectified. Spending time together, discovering new places is a good bonding experience.
- Save £1,000 for a bonding holiday with both my girls.
I’ve had a few short bonding breaks with my girls but never one with both together (alone, without males around) so I’d really love to go away somewhere warm with them and just enjoy being together.
- Save £2,000 for a holiday in the Maldives with Richard.
We’ve dreamt of this for a long time now. One day we’ll get there. I hope. Probably when we're old and grey but even so....
- Save £1,000 for a holiday in Cuba.
I’ve always wanted to visit Cuba and haven’t given up on the idea yet.
(These are the only holidays I really want - anything else is just a bonus. I did offer to take Paul away recently but he refused; he's perfectly happy just plodding through life, living VERY simply)
- Save at least £50 per month in pension scheme.
I started this a few years back but dropped it because I just couldn’t afford it anymore. Paying off the debts had to come first. Once they’re paid, I’ll take up paying into this again. If I don’t, I’m gonna end up one very poor pensioner.
- Use one credit card for earning cash-back.
Once the debts are paid off I’ll continue to use the card that gives me cash back whenever I make expensive purchases. I won’t use it unless I have the money ready to pay it with though.
- Save enough to give the house a complete make-over.
Once the kitchen’s finished, I intend to start on the rest of the house, one room at a time.
- Save enough to give the garden a complete make-over.
The garden’s a shameful sight - I need to have it redesigned so that it’s easy maintenance with space to grow some native plants and shrubs as well as a few veggies.
Hmmm… that’s it. I can only get to elleven. I really can think of anything else I'd need large amounts of money for.