New Years Resolutions

I am setting aside a few goals for 2010...

We did this for 2009 and we were very successful so hopefully we can continue. Our goal in 2009 was to continue to pay down and eventually off our credit card debt and as much other debt as possible. Toby and I worked two jobs between 2008 and 2009 and also received some inheritance money. Between those we paid off $20,000 in credit card debt, $9,000 on our window loan, $8,000 on our car loan and $4,000 on Toby's motorcycle loan. Then we sold our house and paid off our mortgage. So, we are starting off 2010 credit card debt free and the only debt we have left is my student loans and a very small car loan. We could have paid for the whole car but that wouldn't have left us with much savings so we decided it was best to finance a few thousand. Our other goal was to have a baby which everyone knows happened. I'm so glad we were able to get in a better financial situation before he came..it has made it much more enjoyable and relaxing.

So that being said, my first goal for 2010 is to not incur anymore credit card debt. Which should be pretty easy after working two jobs for a year, credit card debt is not worth it! Secondly, we need to add to our retirement fund. I was doing one through Vanderbilt where they matched it but we have relaxed since I quit there. So, I added our savings account to it tonight so we can transfer money over. I'm not setting up a goal on how much to add each month because we don't always work the same hours each week-some more and some are less...I also started a separate savings account to save for our down payment for our house. This is so we don't spend it from our regular savings account. My last goal is to coupon even more this year and spend less on our groceries. I got an excel spreadsheet from a lady that will help us keep track of just how much we spend on groceries and how much we saved monthly. I'm also trying to plan meals ahead of time using what we have in the pantry. I will still have to buy veggies/fruits when I need them but we can try and plan meals around those sales to get even more for our money.

Like 2009, our goal for 2010 is to have a baby...but it will probably be more like a get pregnant in 2010. We are going to Ireland in May and we are planning on trying once we get home so technically he/she probably won't be born until 2011. I think this one will be our last...

I hope if you are making some New Year Resolutions that you are able to stick to them!

Good luck in 2010!!