# 1 – Finance a dream vacation…in cash
Working towards it, as you all know!
# 2 – Pay off your student loans
# 3 – Automate paying your credit card bill in full
I’m a big believer in automation, but my version of automation involves a lot of manual transactions. What can I say? I’m a control freak, and I like flexibility. I pay mine every week, by the by, except expenses incurred by mystery shopping, and extra large purchases (usually wait til the end of the month and keep the money in savings)
# 4 – Get rid of all bad debt
I’m debt free. BF has some debt but it’s non-interest accruing (some of it’s to me!).
# 5 – Build an adequate emergency fund
Done, although I wonder if $10k is enough sometimes. To some it may seem excessive, to others, puny. /shrug
# 6 – Make your first, and last, investment mistake
I’ve joined Kiwisaver, and have a couple grand in term deposits, but that’s the extent of my investing so far.
# 7 – Develop a statement of cash flows
Y’all have probably seen my monthly spending posts, yeah?
# 8 & 9 Max out a Roth & Contribute to your 401(k)
Bloody Americans. I contribute 4% to Kiwisaver, with a 2% match.
# 10 – Get a degree or certification that increases your earning power
Just graduated. More training is not out of the question later on, although it would probably be pretty practical, say, learning more about the Adobe suite.
# 11 – Take a career risk
Hmm. I don’t really think I’ve done that. But plenty of time still!
# 12 – Negotiate something
Oh god. Haggling is up there with public speaking for me. Even when JB Hi-fi had a sign saying “Ask for a deal!” I made T talk to the salesman. One day…
# 13 – Earn your first side grand
# 14 – Start a sub-savings account for an upcoming financial goal
Also done! Travel fund now over a grand.
# 15 – Set a target retirement date
Meh. I’m not really too fussed. I’ll just go with the default, 65, shall I?
# 16 – Monitor your credit
NZ only introduced proper credit scoring this year. But yes, I have looked at both of our reports. They’re okay. Time and longevity are the only way to improve them.
# 17 – Say no to a financial salesman
Aside from fundraisers? Oh, what about pushy bank staff trying to sell additional products?? Hellz yeah.
# 18 – Give just enough to make it hurt
I give, but not enough to make it hurt. Unless you count presents I’ve given T, which sometimes do hurt a little (the girl who never got presents growing up is apparently willing to spend a couple hundred on her SO’s birthday)
2 Milestones for the Over Achiever
# 19 – Invest $1 for every $1 you spend
Wow. We’re sometimes able to save nearly half of what we make, but that’s not the norm. Yeowch.
# 20 – Start a 529 College Savings Plan
Again, these damn Americanisms. Nope. Have no equivalent and no reason to (tuition here is not as astronomically expensive and loans are all given by the government to absolutely anyone).
* And thanks to Mighty Bargain Hunter for hosting this week’s Carnival of Personal Finance! Apparently I’m in there talking about lifestyle creep. *