Financial Goals
- Increase Net Worth by £30,000 – I haven’t done any figures on this yet but I am hoping that this is acheivable when I…
- Make a solid retirement plan – I need to get this done asap so it must be put in the macro goals section to cement its importance. I need to crunch the numbers and make some educated projections to see what is really possible.
- Save over 50% of income, after tax and other deductions – This may sound low but I have set up a share save scheme with work which I am going to max out contributions to and count that plus my standard retirement contributions as “a deduction”. So it’s literally 50% or more of what Mrs TFS and I receive jointly in our paypackets that we want to save, even though there are other savings going on on top of this. Anything higher would be too harsh a target (unless we moved into an RV, of course 😉 )
Educational Goals
- Internet learnings – I’ve read a lot of brilliant and free stuff on the internet this year and it has taught me an absolute shit load! I want to continue this next year and read more thoroughly into the following non-exhaustive list of subjects.
- Financial – Touch up on Index Investing, asset allocation, read at least one investing book. Macro and Micro economic principles. Alternative economy ideas. History of the stock market. Taxes!
- Philosphy – Epicureanism, Stoicism, Zen, Samurai.
- Environmental – Peak Oil, Peak Water, Corporate Sustainability, Renewable Energy, Environmental and Political Activism, World Hunger, GM food, Large scale farming, Globalisation, Waste reducing techniques, Energy efficiency, Bio fuels, Reducing carbon footprint.
- Health: Learn more on healthy eating, Cooking home made healthy meals, Cheap ways to keep fit and exercise
- Read 6 books (TBC) – This sounds like an extremely wussyish target but as mentioned there is a wealth of free information out there on the internet and that is my primary reading vehicle of choice right now. I have got a few (at least 10) books on the wish list which I will try to get through at a rate of one every two months. Hopefully I can increase the rate as my educational and other goals start to be hit and time is freed back up again. There is unfortunately only so much free time in each day to read and learn, so once I feel like I am more “well read” on the above subjects I can devote more time to books over varying subjects, and a few fun reads as well no doubt.
Blog Goals
- Grow the blog to 50,000 page views per month (!!! Go big or go home, right?)
- Write an average of 3 blog posts per week – Time should be the only factor here. I’m still enjoying writing and have loads of ideas in the pipeline so burnout and motivation should not be an issue. I think 3 posts a week is a good amount to keep regular reading, and grow a blog.
- Write enough articles to be able to send out and get one guest post published per month – I guess the big hurdle is going be getting someone to accept and publish the article, but all I can do is try.
- Read and comment on 5 articles per day – Again this is all to do with growing the blog. I’ve been over doing it on this front in the last month so I actually want to pull myself back on it, but I keep finding great new blogs and articles to read and comment on! Hopefully I will reach saturation point in a month or two and can tone down the amount of stuff I am reading to get a bit of time back for other activities.
Other Goals
- Do some more challenges – There are a few listed below but I will think of some more throughout the year.
- Buy a new car (used obviously!) – I am looking at a model that will double our fuel efficiency
- De-cluttering – We actually did a lot in October time but have not sold/donated it all yet. So need to get rid of it and also re-assess if any more clutter has appeared (I am certain it will have done!)
Six month “to do” list
- Challenge: Complete the 30 day mega-detox challenge (TBA)
- Financial Task: Make a solid retirement plan
- Financial Task: Set up a SIPP account to save pre-tax £££’s into
- Financial Task: Set up an ISA in Mrs TFS’s name and use it to invest in Vanguard funds
- Task: Buy a new (used!) car to increase fuel efficiency (MPG), and sell the old one.
- Challenge: Run 2 half marathons (already booked in so I have to do this really!)
- Financial: Research alternative methods of investing available to UK investors, and invest if possible.
- Environmental: Energy efficiency in the home. Test all devices, make necessary changes
- Task: Sell rest of stuff from decluttering project, and have a re-assesment
- Financial Eductation: Learn how to submit a tax form, for the purposes of having “side hustle” income*
- Financial Task: Open some new credit cards to start “Travel hacking” – hopefully I can pay for a holiday in 2015 with airmiles
- Education: Start reading a book!
- Blog Milestone: 10,000 page views per month 🙂
- Challenge: Complete a 30 day no meat challenge
- Financial Task: Complete a self assesed tax form for end of year.
- Environmental: How to reduce waste in the home
- Environmental: Start a compost heap in the garden
- Financial Goal: Start “Maxing out” both of our ISA allowances which equates to putting around £2000 a month into them jointly
- Finanicial Task: As it will be the new tax year, set up a new ISA in my name which uses Vanguard funds only and work out an optimum asset allocation strategy.
- Challenge: Complete a 30 day “no added sugar” food challenge
- Other: Celebrate Mrs TFS’s 30th birthday in style, but on a budget (am I allowed to put that? Oh well too late!)
- Financial Education: Learn more about real estate investing – Research the local market intensively to see if a local rental property would be viable, and if not see if buying a property somewhere else in England would work.
- Blog Milestone: 20,000 page views per month
- Other: Celebrate my 33rd birthday. Eek!
Discussion (25) ¬
Nice list! Sounds like you’ve got a lot of things planned for your blog and for life in general. I wish you luck!
Cheers Holly, I am a bit of a planner how did you guess? 🙂
Good luck to you for next year as well.
I like the monthly to-do lists since it gives you specific things to focus on month by month. Although I’m not sure about the no meat April, there’s nothing like a good steak. I’d have moved that to February to make it as short as possible. Best of luck in 2014!
Thanks JC!
Yea I didn’t put too much thought into the actual scheduling, just did the most urgent tasks in January then tried to spread the rest out evenly. Haha… I do like a steak as well but then if I didn’t it wouldn’t be much of a challenge.
All the best for 2014.
I don’t think saving 50% of your income sounds low at all! That’s a really impressive goal. And the UK is flippin’ expensive, so good luck with that one.
Two “easy reads”, but still pretty good to know and pillars that everyone in the PF world seems to be familiar with despite their own opinions on, are The Wealthy Barber and Rich Dad, Poor Dad.
Good luck with your list! It’s quite extensive.
Thanks for the book suggestions Mel!
Rich Dad, Poor Dad is on the list to read (although quite low down at the moment) but I’ve not heard of The Wealthy Barber so I’ll definitely check that one out.
Enjoy your 2014 celebrations!
That’s an awesome set of goals! When is your birthday? I celebrate my 25th year on June 5 🙂
Thanks Erin!
Mine’s on the 12th, so you are exactly 8 years and one week younger than I.
Anyway, it’s New Years Eve so I’m off to party like I’m still 25 🙂
This is pretty badass. I really like how you have made your six-month plan so specific.
Why thank you Kara! Hopefully 2014 will be tremendously badass!
Cheers for stopping by and taking the time to comment.
These are some nice lofty goals, Andy! Like you said, “go big or go home!” I’m very optimistic about 2014. I’m glad I came across your site and that we’ve connected. It’ll be great to keep up with our journeys and see what we do in 2014. Here’s to a new year!
Me too Nick. Let’s hope for a great year all round!
Wow you set a lot of goals! I went nuts in 2012 with a giant list of goals and totally overwhelmed myself. Props to you if you can stay focused with a big list. You’ve set some great goals to achieve. I have a very small list which I’m happy with. I love starting a new year, it’s always so exciting!
Well it’s the first time I’ve done it so maybe I’ve gotten a bit too excited… ha ha!
We’ll see how it pans out, if I don’t crack every single one of them but I still do most I’d still be pretty happy.
Cheers for stopping by and good luck for the year!
Good ones, my friend. But there are so many goals there, how are you going to keep track of them? Good luck with these anyway and keep us posted on progress.
Ha ha… this is a very good point Maria!
I think to save boring readers with monthly updates I will just keep track of what I’m doing personally and do an update in 6 months. I will write about the challenges as I do them though, and anything else that I think is worthy of a whole article.
Cheers and good luck to you also!
Very nice goals!
I hope that you can easily achieve them!
I especially like how you support go big or go home with 50,000 views per month. I hope that I can also achieve that goal!!!
Good Luck!
Thank you David!
I dunno, maybe I’m shooting too high there, I have no idea having never had a blog before. I like to set big goals as I know I’m more likely to put the effort in towards it then. See for example: running a marathon. I didn’t really start taking running seriously till I signed up for one. Obviously this tactic may not work for everyone!
That’s a nice plan of action. hoping you nail them all!
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Cheers Christopher! Thanks for stopping by and taking the time to comment!
That’s an ambitious list for the year! I thought my to do lists were extensive… I’m looking forward to reading more of the blog to see how you’ve been getting on with them all.
Cheers Elizabeth. I have massively lost focus (best laid plans etc…) Due to impending (or not so impending as these things tend to work out) house move over the last 3 months of the year so I need to update with some big fat fails on those, but realistically I will not be phased in the slightest and will just rejiggle some of the bits around (i.e., move to the future!) and see if I can achieve some of it later this year or maybe even next year, if we end up moving there may be some DIY projects that take priority! Update coming soon though fo’sure!