The other day, I was daydreaming (like always.) My idea of daydreaming is playing with financial calculators and browsing real estate listings. Hey, at least it’s productive daydreaming! 😉 I decided to make my top 5 financial goals so I can keep my eye on the prize.
1. Be debt free by my 27th birthday. I’m side hustling to make some extra income, so hopefully I can accomplish this a year or two sooner.
1b. Do my “Debt Free Scream” on the Dave Ramsey show. Getting out of 23k worth of debt is deserving of a debt free scream, in my opinion. Even if I don’t get to do the scream live on the air, I still want to visit Financial Peace Plaza and hopefully meet Dave (and of course, party in downtown Nashville to celebrate.)
2. Pay cash for a trip overseas. Although I had big plans, that semester I was supposed to spend in Germany when I was in college fell through. I’ve decided that my first goal when I’m debt free is to pay cash for a trip to Europe. EF College Break has some great Europe trips for the 18-26 crowd; no, I’m not being paid to promote them, I’ve just heard great things about their trips. Ireland or Germany or Italy? Who knows where I’ll end up. Or what about a trip to the Philippines to visit my sponsor child. It will definitely be a great vacation because I won’t have to take out loans for it!
2b. Pay cash for a singles’ cruise. I love traveling by myself, but sometimes it gets lonely. I’ve always wanted to go on a cruise, but didn’t want to be around all of the nauseating couples. Enter a Singles Cruise. They have cruises for the 20-30 crowd that sound basically like a Spring Break trip, but hey, at least I’d be making new friends!
3. Pay cash for a new (to me) car. Even though my trusty 2001 Ford Focus is in great shape, I have to plan for the day when I have to say goodbye to sweet Daisy (my car.) I’m planning to put back about $10-15 thousand to pay cash for another used car when the time comes.
4. Buy a house by my 35th birthday. I’ve been watching Tiny House Hunters and I’m obsessed with the idea of a little cottage. There are some cute little cottages near my office for about 60k and I’d love to have one of those. The smaller the house, the cheaper it is to heat and the less cleaning I’d have to do. Sounds like a winner to me!
5. Be debt free (again) by my 50th birthday. I plan on taking out a 15 year mortgage on said house, which would put my debt free date at approximately 50. You know I’d debt snowball it, though! Once a debt snowballer, always a debt snowballer.
I’m definitely a goal setter. Making goals keeps me accountable to myself. Plus, it doesn’t hurt to be a dreamer.