Friday, March 18, 2011

Behavior Changes

My emergency fund is currently at $6,000. The next goal will be $10,000.

Financial behavior:

Present: I am paying myself first.
Past: I paid bills first.

Present: I am paying down credit card bills without incurring new debt.
Past: Racked up credit card bills with no concrete plan to pay them off.

Present: I am no longer Bank of Family Incorporated.
Past: Always lent money, or helped family pay bills.

Present: Increase IRA contributions with each raise.
Past: Didn't have a proper retirment plan.