Hopefully everyone’s March was as good as mine! It’s time to review if we’ve met our goals and make new ones! If you don’t recall, below are my March goals both related to Finance and living more simply.
- Purge 100 items- A –Like I imagined it would be, this one was pretty easy. I didn’t sell anything which was the original goal but I did declutter. Looking back two years ago on my college years where I owned a mattress and a laptop, it is truly incredible how much crap one can accumulate. I’m going to renew this goal for April but this time with the goal to sell some items. I think a reasonable goal is to make $100 from things laying around that I can sell.
- No eating out during the week- A+ Another easily achieved goal and one that I plan to extend into April and probably beyond. If you missed my post on how I achieved this goal, it is worth checking out.
- invest $2000 of income in taxable accounts- A+ Despite some car maintenance to the tune of $2000, I was able to make this goal by cutting out in other areas.
March side revenue: $640
April side Revenue goal: $1000
I already mentioned my plan to sell $100 worth of stuff lying around. My current rental income is $550. In order to close the gap and reach my April goal, I’m going to focus on my side hustle which I will go into more detail in a future post. I have laid the ground work in March to hopefully achieve this goal. I have a few consultations lined up with the potential to make the $300 in April. I am feeling really good about it so far since it is only 1-month old and already drawing interest. More to come!
- Log 100 miles on the road bike. It is a busy month already but now that’s it warm I have no excuse. I have a triathlon in June to get ready for and I am always looking for an excuse not to get in my gas guzzling tank of a vehicle.
- Log 20 miles on the pavement. This isn’t really a test of endurance so much as a test of making myself put on my tennis shoes and finding the time. I plan to run to the rock climbing gym that I go to weekly and knocking out this mileage.
- Plant my summer garden. Now that I have goats and chickens in the backyard, which is where I formally had my garden, I need to move my beds to the front yard where they are not in danger of being eaten. I’ve always had a pretty hearty harvest but I have lofty goals of living off the land this year so I need to find the space in the front yard to accommodate everything that I want to plant.
- Add $1000 to taxable accounts – This has decreased significantly from March but only because of some big bills that I have coming due in April (6-months of car insurance, taxes). Hopefully if I keep putting in the work with my side hustle I will compensate for those expenses and be able to exceed the contribution amount.
- Start studying for GMAT (15 hours a week), apply to 3rd choice school (University of Georgia)
Good luck in April!
* three of our nine chickens. Even they produce income in this family!