Thursday, January 8, 2015

Looking Back - 2014

I had 9 goals for 2014 and before starting working towards my 2015 goals, I want to look back and reflect how I did in 2014.


Networth: I aimed to increase same by 20%. Achieved this goal way back in August. And by the year end I almost increased it by double of what I targeted. Before you start judging me for aiming so low, let me tell you missing part of the story. There is one automated part of savings that gets deducted from our salary forcibly which I never added in my NW. However, after DH continuous push, I finally added that component in my savings, hence a big jump in NW numbers. But even otherwise, this would have been a convincing winner of the year.

Savings: I wanted to save 40% of our joint take home salary. Monthly, I achieved it 8 out of 12 months. But annually, I met this goal very comfortably. I infact saved 55% of joint take home salary, which is a very satisfying number.

Retirement: As I said here, I totally forgot what I meant in this goal so I redefined it. I have not once interrupted my automated retirement savings, hence a success for this goal. Another victory.

Emergency Fund - Wanted to have 3 months of living expenses in EF. Achieved this in first half of the year. By the end of year, I had 6 months of living expenses saved as EF. Feels good, thanks to this. :)

Payoff my 1 loan - This would have happened even with regular EMI payments. 


Baby Schedule - I really worked very hard on work-life balance. This was a priority all through. A satisfying year on this front for sure.

Reading related to Job - Big failure. I hardly could spend any time on this. However, this aspect just can't be ignored in my current job. I am going to focus really hard on this in 2015. 

Improve yourself - Cannot actually list 4 things, however, I had a very positive 2014. Lots of usual bad things happened but for most part I dealt with them in positive manner. I know that this needs much more work but was a Pass in 2014.

Improve stamina - Walking for half an hour at night has become almost my second nature now, thanks to some good company I get in our society. That support system made it so much fun. 

Wednesday, January 7, 2015

Goals for 2015

2014 was year of Financial come back and continuing Self  Love. Some of the key takeaways are:

1. Financially, 2014 was a good year for my family. 
2. Baby is more of a toddler now. His progress in this year was phenomenal.  
3. I am in much better shape, stamina wise. Falling less ill when compared to last year. Need to continue same routine to improve mental, physical and emotional health.
Over to goals for 2015.


Last two years have been good financially, hoping to continue same this year as well and hit a hat-trick. And yes I once again hope that Murphy decides not to visit us and we can pass this category.

  1. Networth: Lets keep it same as good old 20% however, this is going to be a stretch goal for this year(true maths geek!!!). 
  2. Savings: Save 65% of total money (all salary + bonus + any other money). 
  3. Retirement: Save 40% of net salary in retirement. 
  4. Emergency Fund - Last year I aimed at 3X monthly expenses and ended up saving 6X. This year, lets aim for 12X i.e. expenses of 1 whole year. This should be a good cushion for now.
  5. Save all of DH's salary - This means we get to live on my salary + reimbursements. Should be totally doable. 


Continuing "Love Yourself".

  1. Aim to not disturb baby's schedule on day to day basis, specifically when we have visitors. 
  2. Spend at least one hour on my new job related studying. Hope to succeed in this category.
  3. I will re-pick diary writing. 
  4. Love myself - Continuing same, follow my routine rigorously, esp of Walk, Bath and Pray. 
9 goals for this year, please wish me best of luck and I promise to try and update regularly on my progress. 

Happy New Year

I know I am 7 days late, but still wishing me and everybody else a very happy and prosperous 2015.

2014 Goals Tracking - Dec End

These are my goals for 2014.

Tracking time is here, let’s see what my progress is and what the scorecard is.

  1. Net-worth (increase by 20%): Done for the year. This was done long back.
  2. Savings (Save 40% of take home): Pass. Though I took an year end trip, still was able to meet as DH got awards and bonus this month. 
  3. Retirement (Save 30% for this): Pass.
  4. Emergency Fund (EF = 3X monthly expenses): Finished for the year.
  5. Payoff my 1 loan: Finished for the year.
  1. Baby schedule: Pass.
  2. Reading: Fail. Given up on this. :(
  3. Improve myselfPass. 
  4. Exercising: Pass.
Score: 8/9.

Previous Months: