2016 Goals: July Update
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Happy Monday friends! It’s hard to believe that it’s mid-July already. At the risk of sounding like a broken record, I have to say that this year has been flying by. As I mentioned in April, this year has been a whirlwind. I was hoping to have my Dad’s estate wrapped up by now, but his mortgage lender is making that impossible.
I’ve learned a lot in dealing with the passing of my father, and that’s not even to mention the emotional aspect. Aside from that we’ve also traveled a few times this past quarter. Mrs. Frugal Rules and I went to the Hyatt Zilara Cancun in May and have done several long weekend trips as well.
We also have quite a bit of travel slated for the rest of the year. We’ll be in San Diego for the entire month of September. We were already planning on being there for several weeks, but when Fincon was announced to be held in San Diego, it made the decision easy for us. We’re both looking forward to some time back in Southern California and capping it with seeing some great friends at Fincon.
We’re also going out to Florida in late October to see my Mom and step-dad. That’ll also likely involve a day trip to Disney. We all know my liking dislike of all things Disney, and all I can say is my vote was vetoed by the rest of the family. Then, at the end of the year, we’ll be back to San Diego to celebrate an early Christmas with my in-laws and use up most of our SPG points prior to any fall out from their merger with Marriot.
As always, you’ll notice that I don’t have any specific and quantifiable financial goals. We obviously have them, but I expect to hit them so it’s a waste to list them as a goal. We’ve maxed out the employee side of our self-employed retirement plan (Solo 401(k)) and plan to do the same with the employer side. We’ve also maxed out our Roth IRAs for the year and will do the same with our HSA. With that out of the way, let’s see how we’re faring so far for 2016.
Move into a new house. This is a pass.
As I mentioned last time, we moved into our new house in April, so this is an obvious pass. We all love the extra space – the kids are enjoying ample room it affords to play and Mrs. Frugal Rules and I love the devoted office space. The main downside is that things seem to be breaking down on us left and right – or at least it feels that way. Our lawnmower died a week after moving in, as did our vacuum cleaner, plus a few other odds and ends. Both were quite old so I guess it was inevitable but still, it stings some after putting down so much for the house. That being said, we’re still getting used to the house, but really enjoy it.
Lose another 20-30 pounds. I’m going to list this as a fail.
I lost 100 pounds last year on Nutrisystem, which was my major win for the year. I really wanted to shed another 20-30 pounds to hit my final goal. While I’ve been working out regularly six days a week I’ve not shed any weight, but, in fact, gained about 10-15 pounds. I could come up with an excuse, but that’s all it would be is an excuse. I’ve changed a few things over the past couple of weeks to see what they do. I’ve changed up my workout routine some and am cutting out as much alcohol as I can. I usually manage to keep my drinks to 2-3 per week, which doesn’t seem to affect my weight. That hasn’t been the case much of the year as I’ve been having several drinks (craft beer) each day. As my general diet really hasn’t changed, aside from the alcohol, I can contribute my weight gain to the extra beer I’ve been enjoying. To be honest, I can track exactly when my beer consumption went up and it was around the time of losing my father (as a means to dull the pain). Suffice it to say, I’m not proud of the result and am changing things now so I can move in the right direction.
Buy a new car. This goal is a draw.
We’re still actively putting aside $300 per month into our car savings bucket at Discover Bank. We also had a little left over from our house fund that we threw into the bucket so we’re making good progress. We may or may not hit this goal this year, but I’m obviously more concerned that we hit all our savings/investing goals first so we’ll see what happens with this one. Regardless, we’ll be saving to buy a car in cash as we don’t intend on taking on a car payment.
How are your goals progressing for 2016? How do you balance working on goals when life is really hectic? What’s new in your corner of the world?
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