Look at me! Two posts in one month!!! Here are my goals for 2025.
1. Pay mortgage down to under $120k. I currently owe just over $135k
I am paying an extra $500 a month on my mortgage. I also hope to getter a bigger year end bonus and apply a portion of that to the mortgage this year.
2. Increase contribution to 401k to 10% from 8%
I currently am contributing 8% of my $168k salary. I expect a 5% raise to $176k. I will increase my 401k contribution to 10% of my new salary.
3. Increase savings account (Marcus) to $50k, currently at approximately $40k
I’ve always had anxiety over job loss. I hope to keep a $50k savings account for my emergency fund and household expenses.
4. Max out Back door Roth Contributions
5. Lose 30lbs
6. Read 12 books
7. Take one trip
8. Exercise and move more.
What are your goals for 2025?