This is part of our Weekly Money Challenge series.
Be sure to check off any you’ve missed!
It’s still early enough in the year to create a plan for your money. And in the spirit of keeping things simple, we are challenging you to use an index card to do it!
This week’s challenge: Write your 12 month money plan on an index card.
Hopefully you’ve already got some money focused goals for this year. If not, now is a great time to make some!
Keep these goals mostly money focused, though no one is stopping you from including career and health related goals on it too. If it’s important to you, put it on the index card!
Then, tape the index card up somewhere you will see it everyday and share a picture of it in our forums so we can all gawk at it.
– Derek, Master of Challenges
PS: This week’s challenge was inspired by the book The Index Card: Why Personal Finance Doesn’t Have to Be Complicated by Helaine Olen and Harold Pollack. Here’s the story of how the original Index Card Challenge came to be.
PPS: Curious to see how last week’s challenge went? Click here and scroll to the bottom.
Here’s what our very own J.Money had to say about his $$$ goals for the year…
1) Max out my Roth IRA
2) Max out my SEP IRA
They’ve been the same thing every year, haha, and figured as long as I do at least that there’s no way for our $$$ not to grow
I did add a 3rd one in though:
3) Condense more of my accounts.
I’m almost done merging all my banking accounts from over the years, but have a cple more to go and will be nice and streamlined.
Go get ’em J!
See y’all next week.