At the beginning of the year I committed to several money-related resolutions:
and promised to track my progress on Free Money Finance. So far, I've posted updates at the end of the following months:
This is my update for the month ending August 2006.
I'm going to change the format a bit because I'm starting to get several resolutions completed. So I'll now list all the completed resolutions first, then give an update on ones I'm still working on.
Let's get started. Here's my August update.
Resolutions completed so far this year:
Here are the ones I'm still working on/made progress on this month:
- Net Worth -- The S&P 500 was up 2.13% in August, a very healthy gain. I was up almost as much as my net worth went up 1.84% for the month. I'm now up 7.49% for the year and on track to be up 11.5% this year. Not bad.
- Giving -- We continued our giving to several projects this month per our budget.
- Fully Fund 401k -- It happens automatically every month!
- Retirement Number -- I did set my retirement number, then detailed how I set it. Now "all" I need to do is save like crazy! ;-)
- Get Spouse Up-to-Date on Finances -- I shared my PowerPoint presentation with my wife. She loved it! As expected, we discussed a few items and had several "to-dos" as a result of the meeting.
- Sort Out College Savings -- No progress made in this area this month.
- Update Will -- No progress made in this area this month.
- Credit Check-ups -- No progress made in this area this month.
- Insurance Inventory -- I completed this project by filming the garage and the outside. The tape is now stored in my desk at work.
- Blog Goals -- August was my best month yet. Not only did I get some big traffic from BusinessWeek and Yahoo, but I think most people came back from vacation as well. As such, I'm on track to hit my mid- to high-level numbers.
I'll be reporting on my status with these at the end of every month, so stay tuned to see how I do.
Comments
You can follow this conversation by subscribing to the comment feed for this post.