Making Financial Goals

We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to and affiliated sites. We participate in other affiliate programs as well. For more details, please see our disclosure policy.

It’s no secret. The new year is notorious for new beginnings, fresh resolve, and goal setting to get your life back on the track you want it to be on. And money matters are no exception.

Making financial goals is essential to your staying solvent. To paraphrase Dave Ramsey, If you don’t tell your money where to go, it’ll decide for you!

Some goals that we’ve had over the years:

This month one of my goals is to give my pantry a makeover. We’re also trying to figure out where to park our savings, so we’re needing to learn about investing. {gasp}

I am in awe that we actually have two nickels to rub together.

Debt was a scary place to be; I plan on never making that trip again, Lord willing. Praise the Maker, our emergency fund is complete. So, really, the main goal this year is not to buy stuff we can’t afford and to work toward college and retirement investments.

What financial goals are you making this year?

Share your goals or other money saving ideas in the comments or the linky below.

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *


  1. I think a great way to save money while eating healthier is to make more from scratch. And a great way to be green and spend less is to just buy less! And when you do buy, buy used or at least quality that will last.

  2. My goal is to just keep my head above water! To reach that, we are doing a garden. Canning/freezing produce. Putting up deer and fish in the freezer. I already have a HUGE stockpile of toiletries already. However, if it’s a moneymaker, I do plan on taking advantage, otherwise, I’ll only need toilet paper! We’ve been making our own laundry soap and have been VERY pleased with the results and the savings! I hope to learn a system for taking advantage of rebates. And last but not least, full swing into Once A Month Cooking. I’ve been on board about halfway (hubby isn’t thrilled, he wants completely fresh everyday), but I know to be able to have time for everything else, I must do this! I’m so super excited!

  3. I am hoping to finally be able to start saving this year… My plan is to stash away some of my blogging income every month, and I am really hoping it will be possible.

    Thank you for hosting this great hop, I look forward to it every year.

    JRFrugalMom from
    Frugality Is Free

  4. That is awesome that you are working on your emergency fund! We are still working on getting out of debt!
    We plan on trying to make more meals from scratch, like Betsy. Not only does it cost less, but it is better for you!
    I am really enjoying your blog!

  5. My goals for the year financially is to stick to the game plan, do my best to earn some spending money, stick to my weekly budget, put some money in the wish fund and do my best to make sure every bit of food we buy gets eaten. My recipe this week is very frugal, as I simply cooked a wilted salad that was going to be thrown out. It came out wonderfully! All the best for a happy new year! Alex

  6. You are at an exciting point! I found that I was almost paralyzed by all of the investment options when I first started. Best wishes on making your money work for you! 🙂

  7. We have some pretty hefty financial goals this year – but i cant write a post about them because I haven’t informed my employer yet that I’m quitting my JOB! Yup that’s one of our goals….. we are going to get our house paid off, cash in my retirement package from work – pay cash for an addition and bigger car (Sienna van here I come!). And start homeschooling my children in the Fall. We are beyond excited and feel this is exactly what God has been leading us to all this time.

    It’s scary and overwhelming but God’s will always is – we just have to trust He’s going to help take care of us. The only debt that will still be hanging around is some minimal student loans with such a low interest rate that it would be silly to use money to pay them off instead of using it for something else.


  8. We live very frugally, but have a huge mortgage (*for a small house – just the areas we live in) that kills us with our income. So, we are trying to discover another income stream (since moving is not an option) that will help without hurting our efforts at still having family time and homeschooling. A challenge!

  9. We have a small mortgage, but recently purchased the house next door – which means we now have two mortgage payments each month (at least until we can get the house next door flipped for rental). We have one income, so my goal this year is to find a job and do one of two things: Pay off our primary home mortgage and/or pay for all the work/items needed for the house next door. My husband has provided well for us, and while we’re not strapped (even with the second mortgage), we don’t have enough extra at the end of the month to make the work go quickly on the flipper rental. So that’s my goal – get a job (outside the home – we don’t have kids) and help carry the financial load.

  10. What a great place to be! You must be thrilled and feeling freer by achieving these financial goals. Such great work you did!! I have found it has actually become fun to be frugal and things that i used to spend money on seem so silly. Thanks for the continued inspiration.

  11. My goal this year is to save more. I do really well with clipping coupons, stockpiling, watching sales – but where is the money I save going? I’m spending it later rather than saving it.

  12. We are praying to be completely out of debt this year, sell the home we are in. We are building our own home on acreage to move to soon, even as I write this. It’s a family project, we’re building great memories as well. : ) I’ve put my blog on our project here.

    May God be glorified!

  13. Our goal is to save $11,000 for a down payment on a house. That doesn’t sound too difficult when you figure it’s only $916.67 a month, but we still have another $3000-4000 to get our emergency fund up to 6 months of expenses. We could reduce this by cutting expenses, but that will be difficult. One way to save money will be to potty train my toddler. Any suggestions on what to do when the child isn’t interested?

    1. @Wendy R, unfortunately they have to be the ones taking the lead on this. But you might check out a book at the library or something to read to them, without making a big deal…kind of planting that seed! (I hear you though, am tired of the overnight diapers…)

  14. We’ve been doing pretty good knocking off our smaller debts on our debt snowball, but now we’re starting to get down to the larger debts – the ones that will take longer to pay off.

    I’m working hard this year on my attitude and keeping a good perspective and staying motivated to pay off the rest of our debt, even though we won’t be having little “paid off” celebrations every month now.

    Thanks for helping me stay motivated!

    1. You can do it! I remember crying to a friend in the middle of the big ones. Get over that hump mentally and you’ll be fine. It’s amazing how it feels on the other side. Go go go!

  15. Congratulations on reaching your emergency fund goal. Too many people don’t do this and find themselves in quite a bind when the unthinkable happens.

  16. Well we finish paying the wobbldy box this month. With my projections we will complete paying off our compact car in July. It leaves us with paying off the truck.

    I intend on taking the money for housing and eventually using it for our own plot of land which we can plant trees.

    The other half of the income will be put into savings to pay for our next vehicle.

    We should have $3000 toward both these goals by the end of the year hopefully.

    Hubby and I also intend to replace the doors in the home as well as get my kitchen floor in(was a goal last year that got usurped because of a great deal on cabinetry.

  17. This year we’re knocking out our LAST student loan, the only debt we have now except our mortgage! Then we’ll be saving up our big emergency fund, then trying to pay off the mortgage as quickly as possible so we can start saving for our dream home! I can’t WAIT for that because I know when we get there I’ll have tons of money to do the stuff we want to do to make our home nice, because we have saved and been careful for so long. It keeps me motivated when I am tired of struggling and living like we make nothing when that is not the case!

  18. My link is for the post I wrote on Using What You Have for household greenery. I have renewed our efforts at thrift since my husband in planning to retire this year and we want to be as debt free as possible.

  19. I plan to review our monthly bills and seeing where I can save ie. looking at our phone, cable and internet packages and looking for better deals. It is easy to get complacent and just pay them every month without even looking at them. I have already increased my insurance deductibles saving $50 a month.

  20. My financial goal is more of a wish – that we were actually able to pay our bills. After my husband lost his job 2 1/2 yrs ago, we’re struggling at best, and we’re officially out of cash. I am so tired of living on credit cards for all of our expenses (which will now include our bills!) So maybe a quick prayer or 2 for us would be appreciated!

  21. We have set financial goals that will stretch us this year, but not too much!

    I’m also trying to have 12 months of really conscious spending.

    Good luck with your goals and thank you for hosting 🙂