Diva in Debt http://divaindebt.wordpress.com Follow my progess as I work to reduce my debt and increase my net worth. Sun, 07 Jan 2007 16:26:34 +0000 http://wordpress.com/ en hourly 1 http://www.gravatar.com/blavatar/5e371d0d2e9b43ed1383f1ed143354c2?s=96&d=http://s.wordpress.com/i/buttonw-com.png Diva in Debt http://divaindebt.wordpress.com 2007 Finanical Goals http://divaindebt.wordpress.com/2007/01/07/2007-finanical-goals/ http://divaindebt.wordpress.com/2007/01/07/2007-finanical-goals/#comments Sun, 07 Jan 2007 16:26:34 +0000 divawithnodollars http://divaindebt.wordpress.com/2007/01/07/2007-finanical-goals/ ]]>

My financial goals for 2007 all depend on me getting a job, soon.  I’ve been out of work for seven months now and my debt is mounting.  Thank goodness for my HELOC.  But I need to get going on my financial plan.

1) Reduce debt by 1/3

2) Save one month’s salary for emergency fund.

3) Stick to budget

4) Save $500 for Christmas Gifts

5) Save $1000 for vacation fund

6) Save for house fund

7) Contribute to 401(k) to get match

8) Develop passive form of income

I can’t wait to start working again!

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The purpose of this blog is to document my efforts to live a debt-free life.  Currently I am $32,260.11 in debt, due to being out of work and rolling my credit card debt into my HELOC.  I will utilize this blog to public shame myself (not so publically as I’m so embarassed by this I can’t even begin to tell my friends) into saving money and paying down my debt.

More to come…

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