With the New Year comes new goals and visions for the future. I certainly have new goals and visions – and I’ve decided to share them with you, friends! Some are personal and some are blog related. Either way – I’m publicly sharing what I would like to accomplish in the New Year and beyond.
New Vision for the New Year
Giving and random acts of kindness
I was deeply impacted by the Rockstar Community Fund (RCF) project in December. The feeling of gratitude, love, compassion and understanding that comes from helping others is something I want more of on a regular basis.
I fell in love with the idea of giving unexpected gifts. From the moment I gave away that first $20 Visa card, I knew I needed to do more! I’ve committed to contributing to the RCF each month to support the good it is spreading.
I’m also committing to giving away an unexpected gift and/or doing a random act of kindness at least once each month (and I’ll share with you). Since I don’t know when or how the opportunities will present themselves, I’m not putting any parameters on how I do this. Part of the fun is searching for that perfect moment. Sometimes the other person (or persons) may know I am committing the act, but there is something to be said for giving without taking credit (we’ll see how it plays out!).
In a world where so much of what we hear and see on in the news, internet and television is negative, people need to know that there is GOOD. They need to feel the kindness. They need to know people care.
I believe this can change people’s lives and open their hearts and minds.
Until now, I haven’t set any concrete blogging goals. I’m happy with the growth of Centsibly Rich so far and hope to continue to grow it in 2017. The blog has gained some momentum over the past few months and I have started seeing some income, though it’s still irregular.
I don’t focus as much energy on monetizing as I could, but I think I’m on the right path by focusing most of my energy on creating useful content. The idea of doing some freelance writing or creating an ebook are part of my plan but, mostly, I want to continue to grow the site and help readers by writing useful posts.
I don’t find it helpful to compare my own stats with others’ (this is true of debt payoff, retirement savings, etc). What is most helpful is seeing improvement in my own progress over time. That said, I’m aiming for a 10% improvement in blogging income and growth (traffic) each quarter for 2017. It seems like a doable goal.
As far as posting goes, I would like to continue to post twice a week, but there may be weeks when I only have one post (sometimes I’ll be an overachiever and post 3!). Creating a constant stream of content can take away from quality and quality is something I want to focus more time on. That said, you will always see a Monday post and probably another later in the week (on Thursday or Friday).
I will also let you in on how we’re doing on our financial goals. With the exception of my grocery spending, I’ve never really shared any nitty gritty numbers here on the site. And, though I’m still not ready to share my net worth, I can keep you posted on our financial goals.
You may remember a mention of this goal in a past post. Buying an investment property has been on our radar for years. And though I’ve read a ton on real estate investing, spent countless hours on Realtor.com and Zillow and poured over numbers, Alan (hubby) and I never took the initial steps to actually buy a property.
That all changed in December. I finally contacted my favorite mortgage loan consultant to get the ball rolling and we are looking for our first property. It’s the “finding” part that’s proving most difficult. We have a budget of $100,000 or less for this first investment property, but it’s a very high demand price point in a seller’s market.
The goal is to cash flow right out of the gate. I tend to be conservative and probably overestimate projected costs (capital and ongoing). We would also like our property to be in certain areas of the city/suburbs. Basically, we’re very picky. Right now, I’m still patient, but hopeful the right property comes along soon.
To keep you (and me) updated on our Financial Independence (FIRE) goal, I will provide the years/months until FIRE, by using the Mad Fientist’s FI Laboratory.
I would like to see this go up, which will present a challenge because it seems like we already save about as much as we can. Our savings rate for 2016 was 46% (calculated by using this method). I want to see that number at 51% for 2017.
There you have it – my goals right there in writing for the entire world to see. I’ve written them down, created accountability and made them measurable. Each month, I’ll keep you posted on my progress!