Great article! I am trying to raise my income this year. I created a blog and currently writing a book that I am looking to publish in March. But I still depend on my budgeting skills to keep my finances together.
I don't know if this is a short term goal but I would like to clear up some debt in my name such as student loans. I have to create a budget to take care of this debt as well as everyday expenses.
I define short term as 1-5 years. In that time, my goals include saving for retirement, college for the kids, and a large vacation for the family. Another goal is to pay down the mortgage faster. While it may sound like a lot, I do this in several ways. Monthly, I automatically put aside money into various accounts to cover each of these goals. Weekly or more frequently, I monitor the accounts where the money is deposited. By starting with one account and having that money sent from there, I have better control and flexibility with the money and can monitor the payments.
Several times a year, I review a chart that I made to monitor semi-annual and annual expenses. I do this to ensure that these expected expenses do not derail my plans. I also do this to check on the vacation savings. At least quarterly, I monitor the investment accounts and emergency accounts that I created.
The important pieces to this plan are to start and make it automatic. Set it on autopilot and monitor the plan so you can adjust it. I am able to see my goal and where I am on that scale. Then, I can adjust my savings or my goal based upon changing priorities.
My short term goals are to save for a vacation to Peru this summer (mostly there!). I also have a few weddings to attend this summer that will require travel and I'm saving up now so that my budget won't be surprised when they get here.
Fill a framed cabinet door w/corks (side by side). Use as a bulletin board. My sister used this idea in her newly remodeled kitchen. The door also covered an ugly fuse cabinet. Looked great!
My short term goal is a sewing machine. I don't really know how to sew, so I want to get a good used one at a yard sale. Maybe I will find one this Spring or Summer.
Our short term goal is to sock away some extra money for a vacation in May. We are going with our daughter and son-in-law (and grandkids) to Mexico for a week. They are providing our lodging, and we have already paid for our airfare. So now we are saving for meals, excursions, etc.
My washing machine has been broken for about two years now, and I would love to find a way to replace it this year. I have a very small saving account that I contribute a few dollars two every two weeks. My plan for the money has always been to put it toward my final car payment, but that won't be for another few years! I'm now thinking it would be more of a benefit, and a much faster goal, to allocate that money to a new washer, which I have wanted for so long!
Short term financial goals are: establish a more concrete monthly budget and monitor it
Pay down 2 Credit cards every month by paying at least double the minimum (while taking advantage of no interest).
Establish and work toward a savings amount for upcoming vacations to avoid credit card usage.
Figure out the best savings option for me, potentially a CD, to acquire the most amount of money through interest, while maintaining an alternate savings account that will serve as an emergency back-up in order to avoid needing money from the CD.
Short term, we are making sure that all the bills are covered, our emergency fund is funded, and saving for vacations for our family -- we love to travel together!
At my last employer there was two types of career paths within engineering, management and technical expert. I would think the most benign answer to the question would be something expressing interest in mastering the technology and becoming an expert, ie. "The xxxx field is highly specialized. I am looking forward to continuing my research in yyyy being an industry expert in zzzz". etc... The goals and timetable should be vague and non threatening but makes the candidate look like he work hard and problem solve for the company.
My short term goal is to build a savings account that would pay for a month of bills, or unexpected repairs on the home.
Our Short-Term financial goals are to make it until tax returns come back. Not a very lofty goal but that's what has to happen right now.
I got an 18 month interest free loan for a healthcare need, but I'm trying to pay it off in 16 months or less. 6 months to go!
Great article! I am trying to raise my income this year. I created a blog and currently writing a book that I am looking to publish in March. But I still depend on my budgeting skills to keep my finances together.
Save up an emergency fund by setting aside money each month for the next year.
I don't know if this is a short term goal but I would like to clear up some debt in my name such as student loans. I have to create a budget to take care of this debt as well as everyday expenses.
My short-term goal is a new couch!
I define short term as 1-5 years. In that time, my goals include saving for retirement, college for the kids, and a large vacation for the family. Another goal is to pay down the mortgage faster. While it may sound like a lot, I do this in several ways. Monthly, I automatically put aside money into various accounts to cover each of these goals. Weekly or more frequently, I monitor the accounts where the money is deposited. By starting with one account and having that money sent from there, I have better control and flexibility with the money and can monitor the payments.
Several times a year, I review a chart that I made to monitor semi-annual and annual expenses. I do this to ensure that these expected expenses do not derail my plans. I also do this to check on the vacation savings. At least quarterly, I monitor the investment accounts and emergency accounts that I created.
The important pieces to this plan are to start and make it automatic. Set it on autopilot and monitor the plan so you can adjust it. I am able to see my goal and where I am on that scale. Then, I can adjust my savings or my goal based upon changing priorities.
My short term goals are to save for a vacation to Peru this summer (mostly there!). I also have a few weddings to attend this summer that will require travel and I'm saving up now so that my budget won't be surprised when they get here.
We'd like to get another CD going for our downpayment fund.
My short term goal is to save money for a new car
Fill a framed cabinet door w/corks (side by side). Use as a bulletin board. My sister used this idea in her newly remodeled kitchen. The door also covered an ugly fuse cabinet. Looked great!
My short term goal this year is to get 6 months expenses put away in savings. Already about 1/3 there, so it should be attainable.
My short term goal is a sewing machine. I don't really know how to sew, so I want to get a good used one at a yard sale. Maybe I will find one this Spring or Summer.
Our short term goal is to sock away some extra money for a vacation in May. We are going with our daughter and son-in-law (and grandkids) to Mexico for a week. They are providing our lodging, and we have already paid for our airfare. So now we are saving for meals, excursions, etc.
I'm saving up for a trip to Costa Rica with my sister for our birthdays in May.
My Short terms goals:
1. Save $930.00 in January.
2. Tithe to my church $300.00 in January.
3. Spend only 50% if my clothing allowance in January.
My washing machine has been broken for about two years now, and I would love to find a way to replace it this year. I have a very small saving account that I contribute a few dollars two every two weeks. My plan for the money has always been to put it toward my final car payment, but that won't be for another few years! I'm now thinking it would be more of a benefit, and a much faster goal, to allocate that money to a new washer, which I have wanted for so long!
Open a retirement account within the next 4 months!
Short term financial goals are: establish a more concrete monthly budget and monitor it
Pay down 2 Credit cards every month by paying at least double the minimum (while taking advantage of no interest).
Establish and work toward a savings amount for upcoming vacations to avoid credit card usage.
Figure out the best savings option for me, potentially a CD, to acquire the most amount of money through interest, while maintaining an alternate savings account that will serve as an emergency back-up in order to avoid needing money from the CD.
My Short Term Goals is to Crush my Student Loans! Put as much as possible into paying down that debt.
To pay off my car.
Short term, we are making sure that all the bills are covered, our emergency fund is funded, and saving for vacations for our family -- we love to travel together!
I think the tanning idea would just cause ant bites, bee stings and sunburn.
At my last employer there was two types of career paths within engineering, management and technical expert. I would think the most benign answer to the question would be something expressing interest in mastering the technology and becoming an expert, ie. "The xxxx field is highly specialized. I am looking forward to continuing my research in yyyy being an industry expert in zzzz". etc... The goals and timetable should be vague and non threatening but makes the candidate look like he work hard and problem solve for the company.