Listening to the "Millionaire Next Door," has truly opened my eyes. My God, at my age, my net worth should be about $206,000 and I'm nowhere near that. Ugh I'm so embarrassed.
My goal is to pay off these debts in the next year or at least have 80% paid off by the end of 2018 and to sock away 25% of my income.
The book discusses to set the following goals:
* Daily goals
* Weekly goals
* Monthly goals
* Annual goals
* Lifetime goal
I've listed mine below
* Daily - apply for a new job
* Weekly- complete a task similar to those of the Millionaire Next Door
* Monthly - reduce CC debt by 25%
* Annual - Pay off at least four debts
* Lifetime - visits all 50 states
Millionaire Next Door
December 7th, 2017 at 01:12 pm
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Stay the course, keep blogging, keep learning and stick to your plan. Jettison any/all extra weight, baggage, unnecessary expenses, waste of time and negativity.
December 8th, 2017 at 01:14 am 1512695674
I know it's not about the money you make, though I'd like to make more. I'm just thinking short term but even with my current salary, if I stay the course I'll be able to contribute the max based on my salary.
I am looking to move; and as far as dad's truck that's a tough one. I know it makes sense but right now I can't get rid of it.
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I love you lifetime goal of visiting all 50 states. I hope to do the same. Still have quite a few to go.
December 9th, 2017 at 07:00 pm 1512846003
I actually downloaded from my local library using the Hoopla app. You should be able to do the same so long as you have a library card. Some libraries use the app OverDrive as well
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The key is progress over time!