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This weekend is my birthday! I'm turning 27 on Sunday the 18th. I've decided to set a primary focus for the year. Its definitely time to start knocking down some of my financial goals that I've set. My primary focus this year is all about the money. My intention is to save up $50,000 cash by June 1st, 2008 and $100,000 cash by Nov 1st, 2008. Though this goal seems pretty implausible to me right now, I've seen and been a part of stranger things over the last couple of years. So, that's the intention. I'll expect all of you help me put my money where my mouth is on this. This will be a long term thread throughout 2008 containing periodic updates tracking my results. I know many of us struggle with money and finances, and I hope this will shed some light on what works and what doesn't as far as generating income. |
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| Starting point. Current net worth - around negative $3,000. Current active income - around $3,500 / month, from salary and misc web development services. Current passively generated income - none yet. Current monthly bills - around $1,000 / month, for living expenses, food, car and cell phone payments. |
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And then you buy Maeve that pony she's always wanted because the spirit of giving is so moving? Dan, I know you are totally capable of doing this!
__________________ <jamariquay> I never understood the need for people to kill for their religion. Then I remembered, "Wait. If Optimus Prime tells me to gack someone, that ****er's going down." |
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Your bills are only $1,000 per month? Wow! I'm impressed. I know you can do it too, Dan! It will be nice to see what you're doing.
__________________ Erin Pavlina, Intuitive Counselor, Psychic Medium Spiritual Wisdom for Conscious People Blog (Twitter Page, Facebook Page) Get a reading | Read Testimonials | Free Newsletter Instantly get my new ebook, 10 Ways to Raise Your Vibration in Under 10 Minutes, when you sign up for my newsletter. |
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| I was impressed with that figure as well. Especially living in Ca, I always thought it was super expensive to live there. Good luck Dan and HAPPY BIRTHDAY!!
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Income 3500 -Expenses 1000 ------------------ 2500 / month saved (that's pretty cool actually!) Nov.2007 - Jun.2008 : 7 months 7x2500 = 17500 -3000 debts --------------- 14500 saved until 1st of June. How will you get the remaining 35500 that are missing to 50000 ? (Hope i didn't miscalculate |
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Dan, I like the way you've quanitified exactly where you are and where you wish to be. And, unless I miss my guess, you're developing a good bridge between the two. Well done, my friend. And happy birthday!
__________________ LTPP |
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Happy Birthday, Dan. I'm with you on this one. Can you feel all the positive vibes?!
__________________ I beg to dream and differ from the hollow lies. This is the dawning of the rest of our lives. --Green Day The more I see, the less I know, the more I'd like to let it go. --Red Hot Chili Peppers |
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To start, I plan on developing a web / tech consulting business here in San Rafael. Websites I currently run: Http://QualityGearBox.com, for my cousin Devin Linehan. Http://Falafelhut.net, for a local business owner. Http://BarbierSecurity.com, for the owner, Evan Barbier. Http://Bluemeringue.com, for a local photographer. Http://Meanmails.com, owned by yours truly, doesn't make any money. Http://Isitvegan.com, owned by me, doesn't make any money. Http://Bestconsultingever.com, owned by me, will be the name of the consulting company. I want to get this number up to twelve, and get Best Consulting Ever online. |
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__________________ ~Lola~ "It takes courage to grow up and become who you really are." - e e cummings |
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