February 2008 Goal Progress
Goals March 15th, 2008
OK, so the plug-in is functional, but by no means done. It is, however, done enough that I can show a progress chart here.
Without further ado, I present a chart of my past two months progress towards my goals of 2008, followed by a summary of the results.
As of February 29, 2008, I have made small steps towards most of my goals for the year. One goal has made a great leap towards completion, though not through spending or receiving money.
- Eliminate credit card debt. Out of the original balance of $9352, I now carry a balance of $8853, a 5.34% reduction. By the end of next week, much of this will be transferred to a low, fixed rate on transfers card, which will allow more significant progress.
- Eliminate other debt. While I didn’t have any snowflaking money in February, I still reduced it by another $100, thanks to making my regular payment. This brings it down to $826 from the original $1043, 20.81% progress. I look forward to realizing the $300 drop this month, due to snowflaking in birthday money.
- Increase Cash to $1000. Well, instead of increasing cash, I managed to decrease it to$150, but fluctuation is expected. As I continue to work on my budgeting and saving skills, this should stop fluctuating and start continuously going up.
- Increase retirement by a total of $2247. I began the year at $1521 and have successfully brought it up to $1895, a total change of 16.64% of the desired increase.
- Increase stocks by $117, from $283 to $400. Though I’ve added about $20 to my account since the beginning of the year, the value has taken such a hit that as of the end of the month, it was at $283, a 0% change. Note: In January, the value went down. I have decided that negative overall progress will simply be 0% progress.
- Purchase $200 worth of savings bonds. In January, I had found out that I had a $50 EE bond and said I wasn’t counting it towards my goal. Despite that, I overstated my progress at 25%, when it should have been (and still is) 12.5%. Now that I have realized my mistake, I also realize that I need to schedule a few more purchases to meet this goal, since I originally set up 4 purchases of $25 each in electronic I bonds.
- Increase my net worth by $13995. Thanks to revaluing my car, I am now at 40.1% of this goal. This is a one time thing, so don’t expect it to rise rapidly again until I start my new job (a couple upcoming interviews).
In a nutshell, it would appear that I am doing rather pathetically. But as always, I remember that I am also looking to improve my income, on which total success or partial failure hinges.


