QuestForAMillion.net

Here we outline our financial goals for the coming years. We’ll note when we achieve them and any changes we need to make.

2007

• Pay off one car by end of year - achieved 9/5/07
• Net worth of $100,000 by end of year - achieved 10/31/07

2008

• Pay off 0% credit card by March 10 - achieved 2/25/08
• Pay off second car by end of year - transferred to 0% credit card 2/28/08
• Pay off student loan by end of year - transferred to 0% credit card 2/28/08
• Net worth of $140,000 by end of year

2009

• Pay off 0% credit card by January 10
• Increase 401(k) contributions
• Increase 529 contributions
• HELOC balance under $20,000 by end of year
• Start building passive income
• Net worth of $175,000 by end of year

2010

• HELOC paid off by end of year
• Fund giving fund
• Net worth of $250,000 by end of year

Helps

The following things should help us along the way:

• Company stock options start vesting in June 2008
• Eligible for company ESPP in January 2008
• Bonuses
• Increase in investment values

Hinderances

The following things may work against us to a degree:

• Must attend wedding in summer 2008