2008 - financial targets

whitevanwoman

Ha! I did it. I've finally sussed how to start a thread, & I hope i've done it in the right place.

Well, these are mine - what are yours?

2008 financial targets:

1. pay mortgage & bills each month (by the end of each month - no more late payment charges)

2. clear council tax arrears (approx £400, was approx £750 last year)

3. clear debenhams and argos cards (approx £700 total)

4. reclaim bank & credit card charges (awaiting 14th jan...)

5. increase income - earn an average of £1/day additional income (£365 per year)

6. open esaver account - pay in additional income (cashback, co-op divi chq, earnings from crafts/paintings sales, ebay/amazon/preloved sales, website affiliate commission)

7. open ISA, pay £10 month minimum

8. follow up tax credits complaint and claim expenses & compensation

9. keep better control by doing weekly budget updates - sat mornings

10. Quit smoking - save £839.50 (365 days @ £2.30/day) - I haven't really thought this one through properly but I want to make myself a "smoking costs" calender to put on the wall and each day I smoke I lose £2.30 from my £839.50 annual figure.

wigglebeena

My target is to make enough money from self-employment so that I don't have to have an actual 'job'. Then I can stay home and have cups of tea and biscuits in front of the Dave channel/hang around here on the net all day.

It's a beautiful dream.

Broken_hearted

Sounds good
Will nick your no 1
1. pay mortgage & bills each month (by the end of each month - no more late payment charges)
2. Get rid of OD as we don't need them, shutting them down will end the cycle of paying them off then running them back up.
3. Have some savings only £10 a month to start with
4 Get debts under £10,000 by getting rid of crapquest,M&S, loan, ODs

hypno06

My financial challenges are as follows:

• pay off £20k in a year
• do Christmas (and hopefully birthdays) for free
• to update my spreadsheet
• keep some sort of reasonable spending record
• get my tax up to date
• make £10 extra a day
• live off £4000 a year
• stick to my grocery challenge figures - £125 for January
• not to incur bank charges
• to get at least two debts gone forever

Happy new year xx

mcjordi

:T sounds like a plan

i want to be able to make more money.
get rid of council tax arrears asap (january hopefully)
get rid of a credit card every 6 months or less if i can

and generally pay off/down my debts:beer:

tryingtodobetter

Here are my goals for 2008

• Complete the live off £5000 for the year challenge
• Save £10,000 by the end of the year
• Save an extra £3000 for Uni fees next year
• Not acquire any debt
• Pay an extra £100 off the mortgage each month

I really hope that I can achieve all of these. Good luck to everyone else in attaining their goals. Happy New Year.

penguin83

Ok mine are

- pay mortgage & bills each month
- clear Comet card this month
- clear all high interest cards by July
- pay 15k off my debts by Dec 08

spud30

My goals for 2008.....

I have 2 debts that are within reach of paying off. Hoping to have rid of them before 2009.

I would LOVE to get under £30,000 but I think that might be stretching it a bit far unfortunately..

Good luck everyone :T

bathgatebuyer

Get rid of all my credit card debt this year (about £4K left)
Pay everything on time!
Put £30 away every month into an ISA
Have a damn good holiday in Beverly Hills without adding anything to my debts!

Mozette

become debt free [about £7,000] (other than the mortgage)

not take on any new debts (not as mad as it sounds - I used to think, wow, I've paid x debt off, not considering that I'd built up y debt in the meantime!)

pay back what I 'owe' myself to my savings accounts [£1,150]

start my 'emergency' fund (this won't be until the end of the year I don't think, but once this is done)

overpay my mortgage (this is likely to be one for 2009 though)

That's it!

skintscotslass

Keep my spending diary up to date.
Not accrue any more debt.
Pay off a large chunk of my cc.
Particpate in Batgirls #10 a day challenge and keep to my food budget challenge.

Happy New Year everyone xx