Jump to content

Financial goals for 2013 anyone? Edit: time for an update!


  • Please log in to reply
103 replies to this topic

#1 *JAC*

Posted 21 November 2012 - 10:18 PM

I used to be such a good budgeter, but this year I've really let it go. I really want to get back on the wagon next year - clean slate and all that.

My goals for 2013:
Pay off the CC (approx. 1200-1500)
Put some savings back in the bank (at least 2k)
All bills back up to being in credit/budgeted for
New blinds in the house
House painted (inside)

It may not seem like a lot, however we have 3 kids - all in fulltime childcare (1 long daycare & 2 OSHC) as DH and I are both FT), plus Christmas, birthdays etc. - our money seems to disappear too quickly!  Plus I'd love to be able to tick them off and start again - anything extra we achieve is a bonus!

Do you have any goals for next year?

Edited by *JAC*, 13 April 2013 - 11:59 AM.


#2 Charlie & Lola

Posted 21 November 2012 - 11:02 PM

YES!

Credit card repaid = $1000
School Fees for daughter paid in full at start of year = $7000
All Bills budgeted for and payments ahead
Extra $10K off mortgage


Then:
A holiday
Security screen door
Bedroom makeover for Master Bedroom
Christmas 'done' by October

*It will help that I am returning to full time work and will also receive a $20,000 redundancy before the end of this year but we really need to stay on track and use the extra $ wisely not just spend it all on cr*p.

#3 zande

Posted 21 November 2012 - 11:18 PM

Yep, was just doing these up on my spreadsheet!

Pay off Ccard = $2,600
Clear tax bill (left over from business income)
Get gutters replaced
First "real" family holiday (that involves flying somewhere)
Increase mortgage payment

2013 should be the year we get our heads above water and clear the last of the hangovers from running a business  hands.gif

#4 GamerMum

Posted 21 November 2012 - 11:19 PM

1. Pay off the personal loan ($6000)
2. Get ahead on the car loan.
3. Save at least half of a house deposit, if not more (full deposit is $20k)
4. Remain up to date/ahead of the bills.

It's going to be tough. I'm not working and it's not looking like I'll find something,. If by some miracle I do, childcare fee's will eat it so I'll have no excess anyway.

We have to try. We aren't going backwards now, but we aren't going forwards either. I'm sick of living in financial limbo.

#5 Suz01

Posted 22 November 2012 - 11:57 AM

Good thread!

I want to pay off credit cards (you don't want to know how much!)

Save a deposit on a business premises

Save a nest egg $10k

Continue to put money aside for kids saver accounts.


#6 giggleandhoot

Posted 22 November 2012 - 12:09 PM

i'd love a new car - will be classed as a business car and leased.
I'd love for us to hire someone so we can go on a real holiday. Kids want to go to the snow so have to save up for a weekend there...longer if we can hire by then!
I'd love to save enough to do our outdoor area and my walk in robe need to be re-done.
Rest goes on home and business loan.
Want a savings by end of year min of $30, 000.

#7 julzely

Posted 22 November 2012 - 12:17 PM

Next year is a major saving year for us as this year we got married and did some work around the house.

Our goal is to get our mortgage below $250k. It is going to be tight but I'm pretty sure we can do it.

#8 Lucrezia Borgia

Posted 22 November 2012 - 12:19 PM

Pay off my credit card debt....it's $10,000 (and change)... Yikes.....

#9 (feral)epg

Posted 22 November 2012 - 12:24 PM

1. Have baby
2. Rely on DP financially for 6-12 months.

This is the first year I HAVEN'T had my own financial goals and it's really freaking me out to be honest.

#10 MintyBiscuit

Posted 22 November 2012 - 12:34 PM

We have a few for next year

1. Pay off the personal loan. There's $3.5k left on it, and with our mortgage repayments just dropping recently we should be able to get it paid off by the end of March, which is two years earlier than the original term biggrin.gif

2. An additional $10k on the mortgage (it's the max we can pay extra while on a fixed rate)

3. $3-5k for the backyard. It's a massive yard and lots to do, but I really want it to finally get done so that I feel safe having DS play out there

4. We want to go on a cruise in early 2014, so saving for that will be high on the agenda.

#11 cas8cas

Posted 22 November 2012 - 12:42 PM

Fingers crossed we can refiance and if so i want to

1) pay off my loan to mum and dad ($3600)
2) reno our bathroom ( atm its a shower and sink i want a bath lol )
3) replace our patio
4) have some savings for next xmas ( if i pay off my loan to my parents that gives me an extra $400 per month so will save at least $200 p/m + part of my baby bonus will also go in there ( the account i have i cant touch until 1st nov unless i wanna pay $15 per transaction))

#12 Acidulous Osprey

Posted 22 November 2012 - 12:48 PM

Knock over as much as possible on the mortgage.  We're really very nearly mortgage free and the house is nearly fully reno'ed so it's time to knuckle down and just do it.

#13 *maddierose*

Posted 22 November 2012 - 12:56 PM

This year has been a sh*t year with everything blowing up, needing replacing from computers X 3 to oven, dyson,  hot water system ahhh the list is actually about 12 things long.

And renovating.

Next year our main goal is to

pay off cc

And to get our savings back up that have really been eaten into thiis year.

solar panels


finish some renovating including up stairs floor areas, bedrooms x 4, bathroom and kitchen.

If there is much left over to pay nto mortgage.

Edited by belnryan, 22 November 2012 - 12:57 PM.


#14 countrychic29

Posted 22 November 2012 - 01:03 PM

Have enough savings in the bank by April to give me a minimum of 6 months maternity leave (DH is uni student & part time so very hard to live off one wage)
Today i have just paid off the last of of credit cards woohoo after years of lingering debt so im looking to 2013 as starting fresh and being smarter with our money original.gif

Continue trying to get our mortgage under 350K ... so close now.

#15 Broxie

Posted 22 November 2012 - 01:08 PM

Pay of credit card
Buy car
Continue to save for Disneyworld holiday
Finish downstairs renovations

#16 laridae

Posted 22 November 2012 - 01:36 PM

1. Pay off the car loan (about $10,00 to go) - eta at the latest, September (I have it all calculated out...), at the earliest, April (but will require redrawing some from the mortgage, but will mean we can put the amount we have been paying on the car loan onto the mortgage instead).
2. Finishing renovating the 2 spare bedrooms (one will become the master bedroom, one will become the playroom).  This is mostly just work as we already bought the paint.  But will be probably about $2000 for carpet or to polish the floorboards (if I can talk DH into not having carpet in there!  We don't have carpet anywhere else in the house...)
3.  Saving up to go on a trip the year after (which in reality will be putting more on the mortgage until we've got enough & then redrawing).
4. Maybe saving so we can have a #2... maybe...

#17 Beancat

Posted 22 November 2012 - 01:45 PM

I love these threads.  I am returning to work in January for 4 months between bub 2 and 3.

In that time I want to pay of credit cards (about 6K) and save about $5K before I finish work.  Should be able to do it but will have 2 kids in cc which kills our budget

#18 Veryclucky

Posted 22 November 2012 - 02:05 PM

I have a few goals but most are dependant on DH getting a new job as he is currently unemployed after a redundancy in September.

1. Pay off his laptop (purchased interest free until Nov 2013) - we have the money for this but just making it work for us in offset until before then as we aren't required to make monthly repayments.

2. Increase our mortgage payments back to what we were paying previously ($600 instead of $500) and then depending on his new wage, increase to $650.

3. As part of the above, get mortgage under $300k (about $18,000 to go).

4. Have enough money set aside to pay for me to have 12months off work when we pregnant which fingers crossed will happen soon

5. Replace fences and finish backyard (money is mainly set aside for fences but cost has gone up and only one person has bothered to come and quote so far).

6. Get back to budgeting properly and not overspending on the incidentals like lunch and snacks at work.

7. Start saving towards a big holiday somewhere in 2014. Where will depend on how much we have, where DH is working (leave and money) and if we have a child by then.

Big goals but fingers crossed if DH gets a job in the next couple of months we will be able to meet most of them by using the rest of his payout to do this rather then just on living expenses as we are doing now to supplement my income as I only earn enough to pay the mortgage, travel (train and car) expenses and most of our food. Bills and other big expenses come out of the payout so we are trying to minimise these

#19 Fluster

Posted 22 November 2012 - 02:10 PM

We're trying to save $25-30k to finish the last, huge, renovation item.  I don't think it will happen (quite) but if we can't save at least $15k we're seriously doing too much spending.



#20 Exhaustedbuthappy

Posted 22 November 2012 - 02:14 PM

figure out how much I need to live on to take a year off to study to change career direction

#21 Sif

Posted 22 November 2012 - 02:24 PM

This year I have managed to get us to a place where we have no debt and have credit on some utility accounts. Was really hoping we'd be in our own home (with MIL) next year and would finally be able to start saving instead of struggling to keep head above water from week to week, but right now it's not looking very likely (MIL is vacillating).

So for now, next years goal is to stay out of debt and keep paying rent and bills on time and basically living within our means.

#22 Suz01

Posted 22 November 2012 - 02:25 PM

Good thread!

I want to pay off credit cards (you don't want to know how much!)

Save a deposit on a business premises

Save a nest egg $10k

Continue to put money aside for kids saver accounts.


#23 WYSIWYG

Posted 22 November 2012 - 02:27 PM

I don't even want to think about it! Moving house next year, into a house we have built, so there is going to be A LOT of spending!! I don't think I could compile a list, it would be never ending!

#24 qak

Posted 22 November 2012 - 02:37 PM

We are on track to pay off the mortgage in 2013! original.gif
January and June are always shocking bill months though  :-(

#25 JillyJellyBean

Posted 22 November 2012 - 02:44 PM

Ill be delighted if we can continue to pay off the mortgage as we are going one income only for 6 months. Its terrifying, I think we have been spoilt.




1 user(s) are reading this topic

0 members, 1 guests, 0 anonymous users

 

Show us your DUPLO creations to win!

We love to see the cool creations kids build when they play with LEGO DUPLO. Enter and share a picture of your childs creation for a chance to WIN 1 of 10 LEGO DUPLO prize packs worth over $100 each.

Jammy, Hula Hoop, Rage: Reddit reveals most unusual baby names

A recent Reddit thread has revealed some of the more creative names in the world.

Woman awakens from coma, learns she gave birth

A US woman awakened this week from a four-month-long coma that doctors had feared would be permanent and learned that she had given birth to a baby boy, according to her family.

'Give us a break': mum sent shocking letter over Facebook baby pics

Posting a lot of baby photos doesn't make you a bad person. It may make your Facebook feed a little irritating, but it doesn't make you a bad person.

In defense of the dads who do so much

It's time to shift the focus off what dads aren’t doing and shine it on what they are.

The modern cloth nappies too cute to cover up

If you're only just joining the modern cloth nappy movement, or would like to spruce up your collection, we have to introduce you to Designer Bums.

How breastfeeding can affect your libido

When you’ve just had a baby, having sex isn’t usually top priority. In fact, for a lot of women it rates about as appealing as changing another dirty nappy.

Should pregnant women be allowed to use 'parent and child' car parking spots?

Is it acceptable to use these car parking spots when pregnant? How many of us would admit to doing it?

Healthy baby from sperm taken 48 hours after a man died

Fertility doctors have described their "most extraordinary case" - creating a healthy baby from sperm taken 48 hours after a man had died.

Anti-vaccination mum's seven children contract whooping cough

A Canadian woman who had declined to have her children immunised against pertussis, better known as whooping cough, has changed her position now that all seven of her children have come down with the disease.

How pregnancy probiotics can help you and your baby

New research suggests that taking specific pregnancy probiotics could be the answer to a range of common pregnancy side effects.

Childcare is a big problem, but there's more to it

Let’s keep talking about these issues and not allow them to be put into a neat little box that’s labelled ‘Fix childcare and everything is solved’.

Pink's awesome response to body-shaming trolls

When trolls felt the need to comment on 35-year-old singer-songwriter Pink's weight, her answer was an awesome ode to body love.

Fertility clinic offers egg donors $5000

A national chain of fertility clinics is offering egg donors a $5000 payment to cover their expenses, a first for Australia which is raising concerns the money could act as an inducement.

Baby boy abandoned in India amid fresh surrogacy concerns

Australian officials could do nothing to stop an Australian couple from abandoning their baby son, born through surrogacy in India, after they decided they did not want to bring him to Australia.

Herd immunity and community responsibility: how free-riders can make kids suffer

Individual choice works for haircuts and handbags, but not for preventing infectious diseases that kill kids.

Photographer captures 'unexpected beauty' of birth

If there is one thing Leilani Rogers knows about childbirth, it is that no two deliveries are ever the same.

Expectations vs the reality of making a toddler's clothes

Note to self: less sewing, more life. Not the party dress, but the party. The toddler, as usual, has it all figured out.

Mum meets 'dead' daughter 49 years after birth

In 1965, Zella Jackson-Price was told her premature baby girl had died shortly after birth.

Sign up to our 30 days of #PlayIQ challenge

Sign up to receive 30 amazing tips and ideas for play with baby during the month of April and submit a picture or tip on our social wall for a chance to win an amazing Fisher-Price prize pack.

 
Advertisement
 
Advertisement
 
 
 

What's hot on EB

Sign up to our 30 days of #PlayIQ challenge

Sign up to receive 30 amazing tips and ideas for play with baby during the month of April and submit a picture or tip on our social wall for a chance to win an amazing Fisher-Price prize pack.

Tips for flying with a baby

Travelling with kids requires a whole other set of skills - ones that I have learned through (sometimes unfortunate) trial and error.

How to stay calm in an emergency

I’m not expecting you to be as calm as you might be right now. What I mean is that if your panic levels are through the roof during a stressful situation, let’s bring them down to just under the ceiling.

Toddler gets 'drunk' after cranberry juice mix-up

A toddler was taken to hospital after a waitress served her sangria instead of cranberry juice at a US restaurant.

Show us your toddlers LEGO DUPLO creations

We love to see the cool creations kids build when they play with LEGO DUPLO. Enter and share a picture of your childs creation for a chance to WIN 1 of 10 LEGO DUPLO prize packs worth over $100 each.

We need to stop using this word when we talk about childbirth

Is it shaming to point out that women are often being let down in birth?

The certificate helping parents deal with pregnancy loss

For some people, this certificate will offer a sense of validation that their child was acknowledged as being here and now gone, and will help them with life post-loss.

The phenomenon of phantom pregnancy kicks

'Phantom pregnancy kicks’ are encountered by many mums months - or even years - after their pregnancy is over.

The health insurance advice you can't afford to ignore

There's one simple switch that could save you hundreds of dollars a year in private health insurance.

4D scans show how smoking affects babies still in the womb

The harmful effects of smoking during pregnancy on unborn babies may be seen in tiny movements in their faces using 4D ultrasound scans, research has found.

The most dangerous toddler food trends

Pete Evans' paleo cookbook for kids caused a storm, but there are plenty of other unsafe food trends for babies and toddlers.

Infection killed new mum of twins

Modern medicine could not save 19-year-old Sophie Burgess who died 48 hours after giving birth to twins in the UK.

How to babyproof your job interview

Once upon a time, I was a fan of job interviews. That all changed after I'd switched careers, had a baby and decided to spend the first year at home with her.

Grieving families give warnings after toddler deaths

Two Queensland families are grieving the loss of their toddler sons after the boys drowned in separate incidents last week.

Man faces jail after giving woman abortion pill smoothie

A Norwegian man is facing jail after putting abortion pills in his ex-girlfriend's smoothie, causing her to have a miscarriage.

'He's a blessing': family of baby born without eyes

Jordy Jackson was born without eyes. He has anophthalmia, which affects one in every 100,000 babies born.

Super fit model Sarah Stage defends her pregnancy body

Model Sarah Stage has defended her pregnancy body after critics claimed her slim figure at eight-and-a-half months pregnant wasn't "normal".

Why I post breastfeeding photos online

I love to take pictures of my children. In some of the pictures, my younger son is nursing.

The day I broke my baby

There are things I wish I didn't know. I wish I didn't know that companies make tiny braces, small enough to hold necks no bigger than a wrist.

Geeky baby gear

If your family is more into Star Wars, gaming and the periodic table than most, you might want to check out these geek-chic baby items.

Grandbabies: the babies born looking old

Not a day under 65 and a lifetime of struggle! That's the look of these newborns, who look adorably older than their real age. Social networking site Reddit recently featured user submissions of adorable grandbabies, here are our favourites.

53 creative pregnancy announcements

Announcing that you're expecting can be a time to express your creativity, sense of humour and imagination. Check out how other parents and parents-to-be have broken the news to friends and family.

IKEA hacks for the nursery and kids' rooms

Are you one of those that know the whole IKEA catalogue by heart? Love their stuff but want to personalise it? Here's some inspiration to help you realise the potential of IKEA furniture and fittings.

36 baby names inspired by food and drinks

A French court may have ruled out Nutella as a baby name, but that doesn't have to stop you from taking inspiration from the supermarket (or bottle shop). See what parents in the US have chosen for their delicious little ones.

Clever breastfeeding products

Check out this range of products designed to help make your breastfeeding journey more enjoyable, manageable and convenient.

 

SIGN UP NOW!

Win a year's worth of toys

Receive a daily email from Essential Baby for just the month of April with great play tips and ideas, then submit your baby at play photos to our Playwall, Instagram or Twitter for your chance to win.

 
Advertisement
 
 
Essential Baby and Essential Kids is the place to find parenting information and parenting support relating to conception, pregnancy, birth, babies, toddlers, kids, maternity, family budgeting, family travel, nutrition and wellbeing, family entertainment, kids entertainment, tips for the family home, child-friendly recipes and parenting. Try our pregnancy due date calculator to determine your due date, or our ovulation calculator to predict ovulation and your fertile period. Our pregnancy week by week guide shows your baby's stages of development. Access our very active mum's discussion groups in the Essential Baby forums or the Essential Kids forums to talk to mums about conception, pregnancy, birth, babies, toddlers, kids and parenting lifestyle. Essential Baby also offers a baby names database of more than 22,000 baby names, popular baby names, boys' names, girls' names and baby names advice in our baby names forum. Essential Kids features a range of free printable worksheets for kids from preschool years through to primary school years. For the latest baby clothes, maternity clothes, maternity accessories, toddler products, kids toys and kids clothing, breastfeeding and other parenting resources, check out Essential Baby and Essential Kids.