Welcome to 2011! Little did I know when I started this blog in January of 2008 that I would learn so much and come so far in my struggle to overcome my debt and control my spending. Over the past three years I've heard from so many of you who are in the same situation, either just beginning your journey or close to the end. It helps so much to know that I'm not alone in this battle!
I've also heard from many of you who "walk the talk" so to speak; people who have always, it seems, lived frugally. Those who are living within (or beneath) their means, who espouse the ideals of simple living without feeling as if they're missing out on anything. I am hoping to join the ranks of this latter group within the next two years. Until then, I'm continuing to ramp up my extra income while attempting to control the negative financial effects of my 'shopping gene' (I think I'm generally pretty successful at this, although this past Christmas I fell off the proverbial wagon).
With that said, here are my goals for 2011:
- Attempt to double my income (from roughly $40,000 from the day job to $80,000 including all of my part time and full time income. With all four of my current jobs, I'll only make around $65,000 in 2011 so I need to add about $15,000 in additional income to get there);
- Related to the bullet item above, continue to develop my online teaching portfolio in order to bring in extra funds;
- Pay down my second mortgage to such a degree that I can sell my home in the spring of 2012;
- Continue paying at least the interest on my student loans.