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Monday, April 12, 2010

Monthly Goals

The baby is due in one short week, so now seemed like a good time to focus on our goals in order for me to be able to become a stay at home mom. Overall, we have accomplished quite a bit since last fall when we set these goals:

Save 5 months’ of living expenses. Thanks to a larger than expected tax refund, this goal is now 100% complete!

Have 2 no spending months. This has not happened yet, but it may happen naturally after the baby is born because I will not be able to drive for a few weeks.

Pay off 50% of my business debt. I put all of my store items on sale for three of the four weeks before the baby was born and sold quite a bit. I have now paid off 14% of my business debt. Once things settle down after the baby is a month or two old, I will try to focus on this one again.

Sell at least $500 worth of extra household items on eBay. In March I sold much of my son’s summer wardrobe from last year and made $122 (in addition to the $531 I sold in September - December) so I have sold a total of $653, making this goal 100% complete.

I think it is time to set some new goals to get us through the summer when we will have very limited income.

1 comment:

Cas said...

Good luck on your goals. I wish that I had been as smart. I am a stay at home mom right now but we kinda just jumped in head first. I am learning to save and stretch a buck...however I would like to learn to make it stretchier...lol. Or find a way to make money from home. I hope and pray you get the opportunity because even though its hard its so worth it. I wish every woman who had babies got the opportunity to do so...I have so many friends who would love to do it...they just werent nuts enough to jump head first like us..lol. But then who could blame them.