When I state the above, I am very specific in my desires. I have a budget, a plan of action and specific in the amounts I will be paying off each month.
Due to surgeries on both Jim and I in the last 3 months, I often feel like the 2011 financial goal will never see fruition. However, I am still a bit hopeful.
Last Friday, our girls' school had a lovely financial workshop. It was centered around how one could provide a Christian education, but I did learn a few very awesome tidbits in the process.
Initially we were taught about making S.M.A.R.T goals:
Specific
Measurable
Achievable
Results - based
Time bound
I was quite pleased to see my financial goal for 2011 was SMART. I suppose it may or may not be achievable with the onset of new debt from medical bills. However, my hope keeps that letter of the acronym alive.
I also plan on determining if the products and services we pay each month are the best for our pockets. For instance, do we need the life insurance we are paying for? Or do we have the best mortgage rate possible? Or do we pay too much for our car insurance? I plan on determining these amounts in the next month or two. I found out, to my disappointment, that there really isn't a benefit for having car insurance with the same company for a long time. Apparently, AAA raises the rate of their long time customers; which is so backward to me. Of course, AAA might still have the best rate for my car insurance. However, time will tell on that.
I will be prudent and make this happen. Now it is online and I have witnesses. :)
1 comment:
Peter shops around every single year for car insurance and always gets a lower rate. It boggles my mind. We're currently with Progressive because it was the lowest in this last round of his negotiations. :-) You can do it!
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