Here we go! It’s the last day of 2013. No reason to wait until tomorrow (or the next day since we’re celebrating New Years. Or why not just wait until the weekend?). Here’s are my goals for 2014!
- Attend a prestigious institute for teaching. This one is a little specific… I’m applying to a 2-week professional development opportunity in New York. There’s quite a bit of competition to get in, but I’m fairly optimistic. Hopefully I’ll be kicking off my summer “break” with 2-weeks in NY learning with a bunch of other young teachers.
- Find a solid work/life balance. The two coaching positions I hold are perhaps the most time consuming positions at my school. This isn’t necessarily a bad thing – I love coaching. But in the next two months I’ll need to make a decision. There’s a part of me that is considering dropping a sport. I don’t want to do it, but it would probably do my personal and professional life wonders. The monetary hit is noteworthy, but not significant. The real question is if I’d regret dropping a coaching gig. This will be a bit of a dilemma, so my goal is to come out with some kind of decision that I am happy with in 1 years time.
- Go on 1 trip – keep it under $1k. Other than the potential institute in NY. I have a tentative plan for Vegas. I think I could keep that trip under $800 (with, of course, the small potential to come back with a few extra dollars). Last year I spent $1200 on a 6 day trip in Denver. This year I want to scale it way back. If Vegas ends up happening, I think it can be done for less than $800 and perhaps cheaper. And just like Denver, I know it would be money well spent.
- Drop 10 pounds. It wouldn’t be a list of New Years resolutions without this one, right?
- Bike more, drive less. I guess I would call myself a pseudo-biker. I have a bike, I like using it, but I’ve yet to transition to it as my main means of transportation. Come spring, I’d like to give it a shot.
Debt Reduction Goals
- $12,000 reduction in principal. This is what “The Plan” calls for. It will be a tough goal to hit. In actuality, I want and need to exceed it. That will require about $4k in addition to my regular, monthly payments. It’s going to be a stretch.
- Find a new Summer-Income source. Last year I pulled in about $1,600 in umpiring softball. This upcoming summer, that gig is gone. I’ll reach out to another softball league and hope to be able to replace that income. Otherwise, I’m going to branch out a bit and see if I can find a more steady, hourly gig. The problem is, I only really have 6 weeks of “free” time in the summer so it might be tough.
- Hit $5k in additional income. This is what I’ll need to hit the goal. Right now I can expect about $2k. Where that additional $3k will come from, however, is uncertain.
- Make “the decision.” To put it bluntly, I don’t know if it is possible to pay down my debt in three years. I’ll be detailing it in my next post, but I intend to use this year as the “test year” on whether or not I go all in for the following two years. Sure it would be nice to clear the debt by age 30. But I have to consider the negatives a little more: could I get a condo if I saved for a down payment? Should I be growing retirement money? Should I just enjoy my 20s and head to Thailand for a month (seriously, that last one… tempting…). One year from today, my goal is to be ready to make that decision.
There you have it – my goals for 2014. Anyone out there putting together some New Years Resolutions to hit?