Monday, January 5, 2015

Financial Independence Annual Goals Achievements – 2014 ($288,608 - $9,792 or -3.7%)

2014 Financial Independence Goals vs. Achievements
Financial:
- Accumulate at least $47,000 (This is $40,000 in 2010 money)  or $4,000 a month for investments during 2014, beginning  2015  - Achieved.  Accumulated $48,000.
- Portfolio to be at $370,000 by end of the year – Not Achieved.  Actually end of the year results a lower than at the beginning of the year, in spite of investing $55,000.
Year
2008
2010
2011
2012
2013
2014
Money of the day
153,400
119,800
165,600
226,800
298,400
288,608
Inflation %

2
3.5
3
4
4
Cumulative inflation

1.02
1.06
1.09
1.13
1.175
2010 money
153,400
117,451
156,967
209,032
265,244
245,623
- Think about additional source of income.  My blog start bringing some measurable income but want to beef up with some streams - This is not achieved yet.

Blog:
- Regular monthly updates – Achieved.
- To cover 6 themes on financial independence – Achieved.
- Create easy tracker for the long term portfolio performance – Almost there. Need to make presentable.
I have no intentions to move towards an entertaining blog with 2-3 weekly posts.   I will endeavor my best efforts to stay on personal subject of financial independence and family budget. 

Educational:
-  Create list of books to read & read them- 12 books is minimum – Partially achieved. Lust created and first 6 books bought.
-  Publish the books reviews – Started.  To be continued.

Family Budget:
- Stay under $84,000 with the family expenses – Was way out of balance. Overspent by $27,000
- Accumulate $7,000 towards durable goods replacement over 10 years – Achieved.

Be happy.  Run 1,000 miles during the year – Ran only half of it.

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