New Year’s resolutions get a bad rap sometimes, but I love them. My parents taught me that goal-setting is a major key to achievement, and I’ve certainly found that to be true.
I always set a few financial goals each year - in 2009, my big goal was to pay off my student loans, which we did in the spring.
For 2010, my big goal is to save a ton of money because I want the security of a large cash cushion. I’m not comfortable sharing the exact amount, but it’s going to be a huge stretch for us. To achieve this goal, we’re going to have to do all of the things I talk about to save money, from eating in to playing The Drugstore Game to making free money. To be clear, I’m talking about money that’s above and beyond the money that already goes into retirement savings or is otherwise earmarked for another purpose (like the car fund). I'll give you an update each month to tell you how much of our goal we've accomplished.
And starting tomorrow, each Monday, I’m going to share one way that I will be making and/or saving money this year to reach my goal. One of those ways is this blog - your visits and clicks help generate income at absolutely no cost to you, which helps me reach my financial goals. So thank you! Having said that, I want to assure you that I firmly believe that the very best way to make CFO great is to be as honest and trustworthy as possible. I’ve made a conscious decision not to post deals that I see on other blogs if I’m suspicious of the offer in some way. I also try to be as transparent as possible about any benefit I've received or may receive, which is why you see lots of disclosures. You can read CFO's full disclosure and disclaimer here.
As for my other New Year's resolutions, they are much the same as any other year: Be a good wife, mother, daughter, friend. Be kind and generous. And like so many others, lose some weight. Someday, I'll have to examine why it's relatively easy for me to reach my financial goals and so difficult to reach my weight loss goals!