You can find the up-to-date objectives here. As you would imagine, all of them have got an end date of 31 Dec 2016.
I think it is very important to set clear objectives for ourselves, as well as keep monitoring the progress. The entire process provides a great opportunity to grow as individuals and to understand if we are in control of our finances.
1. Generate $1500 in passive income (projected over 12 months)
This is one I like, as it's difficult to achieve. Last year I failed my 2015 objective, but this year I'll work much harder to achieve my goal.
Objective #1 |
2. Increase my net worth by over 50%
At the end of 2015 my net worth was £25,143. When I set the goal for 2016 I thought I could make it very aggressive, by aiming to increase it by 50% (to £37,730).
Objective #2 |
3. Save in excess of £2,500 each and every quarter of 2016
Objective #3 |
4. Save more than £10,000 in calendar year 2016
Objective #4 |
I couldn't be more pleased with the results achieved so far. As mentioned before, I will definitely update my objectives no. 2 and 4. I will let you know what the new numbers are.
Hopefully this article will prove useful and be of inspiration.
Yours,
The Gentleman Investor
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