Former academic turned accountant and financial planner.
Invest wisely and for the long term. Invest in yourself and not just in the market. While sometimes you need to be frugal to save funds to invest, at other times, spending more money in the short term will yield more valuable long-term results. Think about major decisions, THEN make saving for them automatic. Creating good financial habits and systems is key to success. The goal is not to die with the most money, but to live a full, meaningful, and satisfying life!
Goals for 2019
1. Job performance: Improve timeliness of advance preparation for client meetings. Complete the basic CFP coursework (3 courses this year; 1.5 courses down, 1.5 to go!)
2. Take care of myself. Eat healthily (this includes an emphasis on whole foods and preparing my meals in advance), exercise consistently, sleep enough, and make time to de-stress with a daily meditation session (or two).
3. Reduce debt from 91.3k to 80k. At its peak, I had about 110k in debt in 2011. (Note, After a pricey veterinary emergency, I re-set this goal to what I think I can now achieve.) Overall goal is to get rid of debt before retirement and to be able to use the money I am currently putting towards debt reduction to build a 2-year cash buffer before I retire in about a decade.
Home Improvement Projects for the next several years..not sure about order
2018: landscaping (some)
2019: decluttering (some)
2020: roof replacement
2021: external painting
2022: door/window updates
2023: update kitchen & bath
2024: replace current car
2025-2030: consider selling & moving to a home more suitable for retirement.