some goals for 2009??
I’ve been contemplating what my goals should be, and how I should work them out. In February my girlfriend is moving in with me, and joining the mortgage, and hence reducing my bills by 50% and my mortgage payments by 50%. What does this mean to me? About $1100 extra each month that I don’t normally have. It’s been hard to work out a budget, actually it should be easy, but I’ve been working on a new one for 2009, however in 2 months, it’s all going to get changed around by her moving in, so I’ve been putting it off.. run on sentence much?
At the beginning of 2009 I was sitting at:
| Assets: $216,900 | Liabilities: $186,500 | |
| Stocks: $0
RRSP: $900 Cars: $15,000 Home: $201,000 |
Car Loan: $11,830
Line of Credit: $5,000 TV financing: $3200 Mortage: $166,465 |
|
| Networth: $30,400 |
At the end of 2009 I would like to have:
- Line of credit: $0
- TV Financing: $0
- TFSA (stocks): contribute the full $5,000 allowed
- Mortgage: Contribute an additional: $2,500
- RRSP: Contribute $2500 or more
- Side income: Make $6,000+ freelancing
- Visit Europe in the late summer/early fall.
Here’s hoping I can pull it off, I think with the second income of my girlfriend, not to mention my side income from freelance work, I should be able to pull it off. I’ll try my best at least. I’ve already got $1000 invested into my TFSA via Questrade.ca (purchased 33 stocks of BMO on the TSX at $29.60 a share)