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Updated about 10 years ago,
2014 Goal Evaluation / 2015 goals
Momentum = (Mass)(Velocity)
The mass of tasks I get done in any year is directly affected by how much velocity I have coming off of last year. I am hoping to add to this mass as we start this new year. Here's what I accomplished last year:
- bought my first investment property / primary residence (duplex)
- made progress on paying off my student loans
- developed my outline for funding my next real estate purchase
- replaced the boiler in my new property
- learned how to plumb
- worked full-time while completing 12 credits towards my masters degree in traffic engineering
- Turned Real Estate investing into a reality and my own business
Some stuff I found I was lacking was at:
- Pay off more student loan debt
- My Land-lording skills
- My Energy levels
My goals for this next year (relating to building wealth) are:
- Finish my master's degree
- Take my Professional Engineer License exam
- Get my Real Estate License
- Get my thesis published (arguable as relevant but decided to put it here)
- Refinance last years purchase to take advantage of sales-price growth and eliminate PMI
- Add more insulation and air sealing to duplex to finish energy efficiency grant program
- Consolidate Student Loans
- Reduce food expenses by $100 per month
- Redo my standard lease agreement
- Transition some hobbies to be more energy building and thus lengthen my productive day.
- Do one Real Estate investment deal with $30,000 to $60,000 that has an ROI around 10%
Hoping to keep this momentum going for the entire year. Having quantifiable goals and tracking my goals as I go is important (at least that's what I've read). So, there's another goal to add to the (somewhat) ambitious list.
Any other folks out there 25-35 with similar goals? Any criticism or feedback is also welcomed.
-Motivating quote for this year-
"you can't climb the ladder of success with your hands in your pockets" - Arnold Schwartzenegger
I put my goals into my profile so they are publicly visible. Having visibility to these, and knowing that others can see your goals, and hold you accountable (or at least ask "how are you doing?") can work wonders.
Originally posted by @Dawn Anastasi:
I put my goals into my profile so they are publicly visible. Having visibility to these, and knowing that others can see your goals, and hold you accountable (or at least ask "how are you doing?") can work wonders.
^^^ THIS
There is a tremendous change in perspective and motivation when one indulges others in their goals. This projection of goals will provide an inherent sense of responsibility to push through the inevitable 'resistance' that will develop along the way.
@Dawn Anastasi I didn't even think about that....Good Idea! (Jumping over to look at your profile now)
@Jeremy T. I agree 100% I've found talking about my goals around smart people generally helps make them better or more realistic as well as the keeping you accountable part.