It’s 2022. My blog is about 6.5 years old. I’m very proud of the progress that I’ve made since starting Dividend Portfolio. I think creating this blog has been one of the best decisions I’ve made. I’m more dedicated, focused and determined to succeed and accomplish my goals more than ever before. 2021 was an interesting year. Now I hope that 2022 will be much better!
Now that it’s a new year, I’ve noted my 2022 goals below. For a more detailed explanation of each goal, visit my 2022 resolutions post.
Financial Goals – 2022
- Get out of Credit Card Debt
- Cash only budget
- Take my credit card out of my wallet
- Establish a One Month Emergency Fund for Each Property
- Establish a Maintenance Fund for Each Property
- Resume Paying Off First Rental Property
- Max out Roth 401k and Roth IRA
- Increase Contributions to Dividend Portfolio to $1000
- Start Saving in Sinking Funds
- Starbucks Fund
- Christmas Fund
- Cruise Fund
That’s a lot of goals! But I am determined to work on all of them!
Financial Goals – 2021
- Increase Contributions to Dividend Portfolio to $1000
- Start a YouTube channel
- Transform my body
- Buy a primary residence
- Increase Dividend Portfolio balance to $30000
Financial Goals – 2020
- Payoff consumer debt early
- Start a business
- Create a YouTube channel
- Transform my body
- Buy a primary residence
More information on all these goals can be found in my Resolutions 2020 blog post.
Financial Goals – 2019
- Earn $2000 in forward annual dividends
- Earn $1500 in dividend income received
- Contribute a minimum of $500 to pay off my mortgage early (starting in March 2019)
- Save $1500 a month for a down-payment on a house
Dividends – 2018
- Earn $1000 in forward annual dividend income.
- Met
- Earn $800 in actual dividend income received.
- Met
- Contribute a minimum of $1010 to my portfolio every month.
- Not met. Came close, but did not meet.
Personal – 2018
- Do not eat out every day
- Not met
- Work out 4 times per week
- Not met
- Drink alcohol only on the weekends
- Not met
Blog – 2017
- Contribute to the dividend community by leaving comments on other blogs by adding at least 3 comments per month on a dividend blog.
- Met
- Write at least one post per month!
- Met
Dividends – 2017
- Earn $200 in dividends by the end of the year.
- Met
- Contribute a minimum of $800 per month to buying shares.
- Met
Financial – 2017
- Invest enough in Realty Income so that every month, the dividends will be reinvested to purchase at least one share.
- Not Met
- Edit June 21, 2017: Begin making $2000 towards my student loan debt starting no later than August 2017.
- Not Met
Blog – 2016
- Have 10 independent comments to the blog by the end of the year.
- Met
- Leave one comment per week on another person’s blog
- Not Met
- Learn to acquire and track traffic to the site
- Partially Met
- Write at least one post per week
- Not Met
Dividends – 2016
- Earn $100 by the end of the year –
- Not Met
- Contribute $200 a month to buying shares
- Not Met
Financial – 2016
- Save a minimum of $1000 in emergency funds.
- Met
Conclusion
Goals are important. I didn’t meet all my goals in 2018, but it was important to have them written down. It’s also important to ensure that the goals are realistic. Now that we are in 2019, I feel that I have established the foundation to build on my portfolio and achieve my yearly goals.