I think I could apply more discipline to my spending habits, and perhaps I can meet my goals that much sooner.
Short Term Goal:
- Save up to two paychecks in a money market account in case of emergency. Anticipate completion by September.
- Have $20,000 in retirement savings. Depending on market fluctuation, I currently have $12,000. Anticipate completion by 2010. Continue to add in efforts to double contribution total in five years.
- Purchase home by end of 2010.
- Save every third paycheck in savings or investment.
- Travel, travel, travel.
Here's another song stuck in my head today:
Now that aint workin thats the way you do it-Dire Straits
You play the guitar on the mtv
That aint workin thats the way you do it
Money for nothin and your chicks for free