Tales from the road less traveled

We're on the road from Debt to Financial Independence. Our passengers include Momma (me), Wes (my husband) and our six children. The road promises to be long and interesting.

Saturday, May 31, 2008

Goals

I have hundreds of "goals" or things that flit through my mind that I mentally decide I want to accomplish. I finally decided to put pencil to paper and make a list. I wrote down 1 year, 5 year, and 10 year goals. Wes even got in on the action. It was an interesting exercise, and I was surprised at some of the results.

My Goals:

1 Year
  • Book completed and available for sale.
  • Enough income via Household Finance Coaching to match my current employment income.
  • Tax liens removed from the house
  • 250 subscribers to Tales From The Road Less Traveled
  • Generate $100 per month in passive income

5 Year
  • Generate $1000 per month in passive income
  • Have tax debt completely paid off
  • Generate $50,000 per year via Household Finance Coaching.
  • Complete at least one more book in the Household Finance series.
  • Work solely from home and spend more time with the family.

10 Year
  • Purchase a house in rural Mexico
  • Cruise the Mediterranean
  • Visit Ireland


Wes' Goals
1 Year

  • Out of tax debt
  • More private time with Momma
  • Employed full time at $170,000 (*Note from Momma: Don't we ALL wish for this??? LOL)
5 Year
  • New house
  • Custody of YM10
  • More private time with Momma (*Note from Momma: I'm noticing a theme here!)
  • Build dream computer
10 Year
  • Travel Europe
  • Visit Thailand again

I believe it'll be fairly interesting to revisit these goals in a year and see what we accomplished, and what changed in priority. What about you? What are your goals? Do you have a time frame on them?

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