August 2007 goals:
- $2000 towards RRSP. As I’m sure most of you know, my plan is to max out my RRSPs and use the First Time Home Buyer’s Plan for my down payment. By contributing $2k/month, plus the $2k I’m stuffing into my Condo Down Payment fund, I’ll be on track for my aggressive savings plan.
- $200 towards Emergency Fund.
- $2000 towards Condo Down Payment Fund.
- $50 dining out budget. Let me try taking baby steps towards my goal of getting back down to a $30/month budget.
July Goals (end of month review):
- Pay more attention at work. I definitely have been focusing more on getting the job done, especially because I’m trying to juggle 2 full-time jobs at the moment. If I don’t stay on top of things, I’ll fall too far behind.
- Find a permanent, full-time job in my career field. Done! I’m very happy to report that I’ve found a great full-time permanent position with a company, making a decent salary of just over $50k.
- Make $175 in PPP earnings. Not even close. It was such a dry month with PPP, and I only made $52. I also wasn’t trying very hard, and didn’t take the time to snag the lower paying opps since I’ve been working so much lately.
- $100 towards RRSP. I was able to contribute $675!
- $500 towards Emergency Fund. I only contributed $150 b/c when I sat down to think about it, I can take my time building up the EF. Right now, because I’m still living in the basement suite, I don’t have a lot of living expenses. I think I’ll be fine with the amount I have in there right now, and just continue to dump in a few hundred dollars a month.
- $1000 towards Condo Down Payment Fund. I’m happy to report that I was able to contribute $1925 to the fund!
- $150 for my trip to Vancouver for the Ryan Adams concert. I’m bringing $200 in cash with me for the entire trip. The reason being is, I’m going over a night early to hang out with a girlfriend. She’ll most likely want to go out for dinner (which I’ll pay for, since I’m staying at her place for the first night). My concert ticket is paid for, and so is my hostel accomodation.
- STOP SPENDING MONEY. I think I did pretty good at this. I bought a few articles of clothing this month, but they were all on sale. No major purchases to think of, except for that cell phone!
- Wait 48 hrs. before purchasing anything that is considered a want. Well, I didn’t really follow through on this, but I did think long and hard about what I was buying, and ended up not purchasing some things because I didn’t really need it.
- Bring back the $30 dining out budget. Well, that was shot to hell. I need to get more disciplined, because I think for the month I ended up spending close to $80! That’s nearly triple my dining out budget! Yikes.
It’s unfortunate that July doesn’t really seem like a budget-friendly month. I’m blaming it on the summer.
July 2007 goals:
- Pay more attention at work. Have you ever noticed when you’re looking for a new job, or you’ve found one and you’re about to leave … that you end up slacking a lot more at the office? I’ve noticed that about myself over the past few weeks, and that’s totally not cool. Until I go out those doors for the last time, I have a job to do, and people are counting on me to get the job done.
- Find a permanent, full-time job in my career field. I’ve been going on so many darn interviews lately, I need to get my act together and really ace my interviews. As you know, my current contract is going to be up in just over FOUR months. Ideally, I’d be looking for full benefits, some form of tuition reimbursement, and a starting salary at or above what I’m making right now.
- Make $175 in PPP earnings. Every little bit counts!
- $100 towards RRSP.
- $500 towards Emergency Fund.
- $1000 towards Condo Down Payment Fund. Currently, I have $475 on auto-debit from my chequing account every pay cheque ($950/month). This money goes into my non-registered mutual fund account … anything else I can scrounge up goes into my 4% savings account.
- $150 for my trip to Vancouver for the Ryan Adams concert. Since my accommodation and ticket is already paid for, I really don’t see what else I need to spend money on. So I budgeted $50 for merch, $60 for travel costs ($30 each way), and $40 for food. Considering I’m only going for one night, I don’t think it’ll be a problem. Although, I do know someone going to the concert as well, and she’s going alone too … so we might end up going out before or after the concert.
- STOP SPENDING MONEY. Seriously. I’m spending money left and right. And it may not seem like that much to most people – a dinner out here or there, maybe a new shirt or pair of shoes I don’t really need. Just because I’m out of debt doesn’t mean I don’t have financial goals I want to achieve. Granted, I know I’m not exactly being the most frugal person right now, but I don’t want to fall back into my old habits. I must be strong! :) Which brings me to my next few goal …
- Wait 48 hrs. before purchasing anything that is considered a want. Of course, that doesn’t really apply to going out for tea, or whatnot … it’s more for clothing, impulse mall purchases, electronics, etc.
- Bring back the $30 dining out budget. Oh that’s right baby, this budget is back on track! Of course, July 1-2 is excluded because I’ll be in Seattle and that trip was already taken into account in my June budget. Also, July 28-29 is excluded because it’s included in the $150 concert budget.
As you can tell, this monthly goals list is a lot more extensive than previous months. This is due to the fact that I’m mega stressed out right now about the job situation (and the chance that I could be unemployed come November), and because I’ve been too slack on myself lately. It’s great to take time off from the constraints of a budget and enjoy myself, but I have goals that I want to achieve, and I’m not going to get there by spending money at Jacob all the livelong day.