I religiously check out all the blogs on my blogroll and today I came across an article that really caught my attention by Crystal who writes over at Budgeting in The Fun Stuff. It wasn’t a breakthrough in Personal Finance or a new tax code, rather it was her post holding herself accountable to her 2011 Goals and Objectives and it quickly reminded me of my 2011 Goals and Objectives and how I should check in on them. The first paragraph in that post really sums up why I even started blogging,
I know myself, and for whatever reason the main way to keep myself motivated is to be accountable to anyone, but myself. As I type and re-read that sentence it almost seems immature but the fact that I feel a need to come back here and confess to my failures keeps me motivated me not to fail.
Re-reading that first paragraph of 2011 makes me annoyed with myself that I had to be inspired by another blogger to check in on those goals to see how I am I doing, or alternatively, see how my goals may have changed. I separated my goals into four categories:
- Personal Life
- Professional Life
- Blogging World
- Financial Goals
For efficiency purposes I will sum up each goal.
Personal Life Goals and Objectives Check In
- Make sure I am being a Good Father
I believe that this goal will take precedence going forward in my life as the other goals and objectives fall to waste side as completed or abandoned. I make an effort to spend time with my child, and right now I think that is the best thing I can do. I know this will become more time intensive as he gets older, but he can always bring a smile to my face (I heard that changes around age 13 or so). Go Evan on this one! Keep it up
- Health Goals – weight and balance
While I have continued to participate in the racquetball league I joined in January it is not enough. I don’t exercise enough plain and simple. FAILED THUS FAR.
My online world (discussed further below) has grown, almost exponentially, so I have been spending more and more time keeping up with everything. Add in the fact that I still just sit wasting time sometimes instead of working smarter which doesn’t necessarily mean harder. FAILED THUS FAR.
Professional Life Goals and Objectives Check In
- Keep Boss-Men Happy
My employment is still going great, however, I could still be more proactive. Keep it Up, Evan.
- Law Practice / Side Income
My law practice has really taken a backseat to my other ventures. I have to really analyze whether the law practice is an objective of mine. The reason it has taken a backseat is because I started a venture (which I call, RoPack Enterprises) with another blogger. The money is obviously not as lucrative as a small law practice but I love it and it is bringing a fantastic side income. It allows me the opportunity to keep that work/life balance as I don’t have evening meetings and am able to work in a literally pressure free environment. I am not calling this one a failure as I have to figure out what I want to do forward.
Blogging World Goals and Objectives Check In
- Keep Writing Consistently on topics including financial planning, estate planning, insurance planning, with a heavy sprinkle of my life.
I could post more about estate planning, but I have to give myself a 100% Success rate in this topic. My monthly page views keep increasing as does every viable metric out there (page rank, alexa, etc.). Go Evan!
- Set up a system for Carnivals
A Blog Carnival is where a blogger puts together related posts on a particular topics, however, I have to submit the posts so the blogger hosting doesn’t have to search. I found out that I was just not going to do this myself so I was happy to outsource this part of my life. If you are a blogger and you have been failing in this aspect contact me and I will set you up with gal she is AMAZING.
- Affiliate income
Google Adsense has been kicking butt lately so I haven’t been focusing on my affiliate income. I am thinking about outsourcing this part of my life as well. I will have to think about it seriously in the next couple weeks and either mark as abandon or figure out a work around.
Financial Goals Goals and Objectives Check In
I had a couple of main goals
- Pay off Auto Loan
- Cut Student Loan #1 in half (I have over $65,000 in student loans and Student loan #1 is currently at $6,500ish)
- Increase liquid savings! I am currently at 66% of my moving target.
- Continue to Max out my 401(k) to employer contribution. This is not maxing it out completely, but if and only if, I hit the other goals will I set up a secondary retirement account
- Continue to contribute to my Dividend Fund (between $150 and $300/month)
I recently paid off my auto loan which is pretty exciting! I started a side fund to pay off chunks of my student loan #1, but this will take time. I should be able to meet this goal while keeping liquidity in mind. Speaking of liquidity, the term “moving target” is a terrible one! According to my January goals I am at 93% of my moving target, however, like all moving targets it moved! So instead of placing a hard number on it I will just say, I need a lot more cash. Lastly, as anyone who regularly reads this blog knows, I have a fondness for my dividend investment portfolio (Formally, Perpetual Income machine) and recently just provided an update.
In conclusion, the money and business aspects are going great in 2011, however, I may need to work on “Evan.”