Without goals it is too easy to slip into routine. One way that I stay motivated and moving ever forward is to keep a checklist and attack it vigorously. It is also important to include a few "low hanging fruit" items because the act of crossing an item off that checklist can provide a huge confidence boost. When I was going through engineering school I remember being completely overwhelmed by the enormity of finishing the degree, at that time my ultimate goal. By breaking the monumental task up into ever smaller pieces I was able to digest it one item at a time, eventually leading up to the completion of the ultimate goal.
Financially my ultimate goal is to earn enough money passively that at any time I would no longer need to rely on a job to survive. Currently that goal is so far out it seems all but impossible. But by breaking it into smaller chunks, one investment, one blog post at a time I know that it is achievable. So without further ado, these are my goals for 2014.
1) Achieve a forward 12-month dividend of 700 dollars per year.
2) Invest at least $1,000 in a dividend paying stock each month.
3) Update this Blog with a new post at least once per week.
4) Have an average spending per month of $2,200 or less.
5) Close my darn #2 captains of crush grip strength gripper.
These goals provide me with weekly, monthly and yearly goals. Since I am completely new to this it is a bit difficult to fully gauge how realistic my goals are, but I will give them my best. I am confident that I will look back on this year in 2015 with a smile. (The gripper will likely kick my butt though)
What are your goals for 2014?
-Dividendasaur
