Jan 132014
 

With a new year comes new challenges. I thought I’d write down a few 2014 goals for myself.

If you want to live a happy life, tie it to a goal, not to people or things.
~ Albert Einstein

1) Increase net worth by $55,000
Last year I aimed for $50,000 and passed. This year I’m upping the figure by 10% to give myself more of a challenge 🙂

2) Read At Least 3 Books related to money
Started one so far called Currency Wars, by James Rickards. Others I have lined up are “Think and Grow Rich” and “Secrets of the Millionaire Mind”

3) Make $6,000 in gross dividend income
Last year I made about $4,500 so I plan to buy more dividend paying stocks this year.

Stretch Goal: Start an emergency fund and put at least $100 into it. (This one is gonna be tough 😕 )

Our goals can only be reached through a vehicle of a plan, in which we must fervently believe, and upon which we must vigorously act. There is no other route to success.
~ Pablo Picasso

 

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Random Useless Fact: There are over 2.5 billion people in the world today who still live under a dictatorship.

14-01-dictator

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2014 Financial Goals Results | Freedom 35AndrewEvanfiscally fitMatt Recent comment authors
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Phil
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Nice, solid, realistic goals. Our personal financial goals are to replicate last year. If I can do that, then I know last year was not just by chance. “Secrets of the Millionaire Mind” was an interesting book, and will be an easy read for you. I’m still reading my last year’s purchase ” Classics I – An Investor’s Anthology” – Cheers.

Renée (@nickelbynickel)
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For some reason I don’t think your emergency fund is the hardest one.Or perhaps we should trade skills, you get me dividend income and I make sure you get an emergency fund :p:D

Steve @ The Silver Maple Leaf
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Steve @ The Silver Maple Leaf

I like your goals. I haven’t come to any solid, specific ones like that yet for myself, but I’ll meditate on it this month.

Also, loved the useless random fact – always so great!

Matt
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Matt

I read currency wars 2 years ago. Its a very interesting read and the author shows how easily currencies can be manipulated and the disastrous effects it can have.

Investing Pursuits
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Good luck on your goals for 2014. I am sure you will blow them away.

fiscally fit
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fiscally fit

I’ve been wrestling with my own goals this year. I am glad that you are able to put some pen to paper! Good luck with hitting these marks!

Evan
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If I could recommend a book for your second goal – The Snowball Warren Buffett’s authorized biography. AMAZING.

Your dividend income is IMPRESSIVE at such a young age! I am 32 and barely pushing $1k

Andrew
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I like the fact that you have upped your goals this year – keep challenging yourself! I actually wrote a fairly extensive article recently on the importance of calculating your net worth just a few days ago on my new site – be great if you take a look.

http://www.cannycalgarian.com/2014/02/14/importance-understanding-net-worth/

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[…] January of this year I wrote down 3 goals for myself to accomplish this year. Here’s a recap of those 2014 financial […]