Skip to content

Goals Update and Weekly Round-Up #27


Do you have goals and dreams for your future? Do you have them written down? Every week, I remind myself of my goals for the month to make sure that I’m on track for hitting them. Sometimes I’m way behind the eight ball, and other times I really feel like I have a good handle on them. Either way though, my site improves and my readers have a better experience from the improvements.

Goals for July, 2012

Last week I realized that I have a ton of goals, but there was really no central focus to them. Having goals is a great thing, but if you really have no reason to achieve them, you most likely won’t. I think that’s been a major reason why so many of my goals are still hanging out there and are unfinished.

So what’s the point of all this? While my wife and I couldn’t come up with a definite answer, we decided that we’d just like to have options. We’d love to have more time to travel, and in the near future, we’d like to have one, or both, of us to have optional jobs – or maybe just something we could do from home.

In order to achieve this, we’ll obviously need some money stashed away, and we’ll also need a little bit of passive income as well. Completing our house will be a big step toward our money stash since it’s our most valuable asset. I figure that, upon completion, our house could sell for about $120,000. Since we only have $61,500 left to pay on the mortgage (and plan to have it fully paid off in the next 3 years), this is a huge part of our future plans – whether we decide to sell it or rent it out. Either way, it’s going to be a money maker.

Continuing to pull some money in through this and my other websites is also important. Not only could it provide some extra money to pay off our house faster, but it could also provide us some semi-passive income in the future.

I’m excited about the future and about what we can possibly accomplish in a relatively short time frame. Based on the above realizations, here are our goals for the end of July.

1) Pay Extra Payment of $1,200 on the Home Loan

With this extra payment, we’ll officially owe less than $60,000 on our mortgage! That’s kind of exciting, don’t you think? Then the next goal will be the $50,000 mark, and then $40,000….and so on until we’re at zero! 🙂

2) Complete More House Projects

My past goals haven’t always been so realistic, so this month, I’m going to cut back on them a little bit. I want to install our final register cover in our bedroom and paint our two main doors upstairs. If I’m feeling ambitious, I want to also sand and paint our 3 main level doors, but this is merely extra if I complete the main projects.

3) Continue to Write Quality Articles

I never make this a goal, but it’s a ton of work to come up with and write quality articles every week. I personally write 2 articles and post 2 staff written articles for this site, 2 articles for my site – Creating a Passive Income, 1 article for my other site – Online Money Bloggers, and I staff write 1 post per week for other sites. That’s at least 6 articles per week that I’m putting together!

Weekly Round-Up

Passive Income With a Fitness Center – by Creating a Passive Income

5 Things Not to Waste Your Time On With Your Blog – by Online Money Bloggers

How Many Months of Severance Would It Take to Quit Your Job? – by Financial Samurai

5 Reasons Why You May Be Better Off Renting Than Owning a Home – by Faithful With a Few

Ways Going Green Can Improve Your Health – And Save You Money – by Prairie Eco Thrifter

Can You Live Life Without Money? – by The College Investor



My name is Derek, and I have my Bachelors Degree in Finance from Grand Valley State University. After graduation, I was not able to find a job that fully utilized my degree, but I still had a passion for Finance! So, I decided to focus my passion in the stock market. I studied Cash Flows, Balance Sheets, and Income Statements, put some money into the market and saw a good return on my investment. As satisfying as this was, I still felt that something was missing. I have a passion for Finance, but I also have a passion for people. If you have a willingness to learn, I will continue to teach.


  1. Writing for a blog can be very challenging and I’m only writing 4 posts a week! I also changed my goals to monthly from weekly because I felt the updates came too fast for me and it didn’t allow me to get other non goal related stuff done. Good luck with your new goals, they sound more reasonable 🙂

    • It can be challenging, but you’ll see the benefit of it soon. The only thing is, making the transition from making $1,000 a month to $5,000+ a month is quite difficult. I’m getting there though….slowly but surely. 😉

  2. Great goals! Our mortgage just dropped below 75k, and we can almost taste the end of it! It’s very motivating to see that number drop!

    I check in with my goals at the end of each month. However, I never manage to accomplish everything that I set out to do…

    • I wish I had more friends that had the goal of paying off their mortgage in a hurry. We used to have some, but apparently remodeling their bathroom, kitchen, and basement are now more important. Plus, they just financed a car…. I’m glad I have people like you to keep me encouraged. We can’t both be crazy, right? 😉

  3. That’s awesome you’ll be under $60k! I need to learn to carve out specific time to write articles. I always get distracted from reading one article which has a link to another which has a link to another which…where did that hour just go?!

    • Lol. Yep. It’s easy to lose time when you’re online, especially when you’re exploring your friends’ blogs.

  4. Awesome work on the Mortgage guys, that has got to feel GREAT! great round up too, especially love the Can you live life with no money one, I have been reading a lot about her and David Suelo very inspiring people!

    • That was a pretty cool article wasn’t it? It fascinated me for sure.

  5. My goals are not always constant!
    Every single day, I always set different goals in my life but I also have my weekly, monthly and yearly goals.

    • Sounds like you know exactly where you’re headed. That’s awesome! Keep up the good work.

  6. I think it is good you are putting more focus and organization to your goals. They are much more achievable when you approach them that way.

    I try to carve out specific time to write but if I get writer’s block I have to be more flexible. It balances out usually and I get the articles done.

    • I love to shoot for goals. I feel like I get a ton more done with them, rather than without them. I don’t usually block out time to write, but maybe I should schedule it – in fact, that might make my wife happier because then she’ll know when I’m on my site and when I can spend time with her.

    • No problem Robert. Keep that good stuff coming!

  7. Writing for my main site has pretty much come to a stop for me. There is no way I can find the time to keep up with it. Fortunately, I just hired a staff writer, but that only provides me with one article per week (I can’t afford anyone else at the moment). I said all that to say that I know how tough it is to be consistent with writing.

    You guys are really doing a great job with the mortgage payments!

    • Keep it up with the site Khaleef! I always liked your site! Thanks for the kudos on our extra mortgage payments.

Add a Comment

Your email address will not be published. Required fields are marked *

Related posts