13 Goals for 2013

by Erika Torres

Here are my goals for 2013!

1. Bring down my student loans to under $10,000

Would LOVE to make this happen. We have A LOT going on this year, so don’t really know if this will be a reality but that’s why it’s a goal right?

2. Pay Down Eric’s Student Loans

Eric is in school finishing up his bachelor’s degree. We took out a loan in the amount of $3,000 to pay for the first semester, and we’re looking at another one for the second semester. Because his loans are interest-free while he’s in school, we’ve focused on paying my loans first. I doubt we’ll be able to pay them all off by the end of the year, but it’s worth a shot.

3. Pay for Graduate School without loans

I start graduate school in March! My company pays for 75% through reimbursement as long as I maintain a certain GPA. I am hoping to pay upfront for the first set of classes, and then use my reimbursement to pay for the following set, and so on. I won’t be finished with school until March 2015, eek! I’ll do a whole post on this once I figure it all out.

4. Make $5,000 in extra income

I don’t know how long the extra income will keep on coming, but I’m planning on working my butt off this year to help pay down debt and save.

5. Go on a domestic vacation

Since our trip to Costa Rica, I have totally scratched the itch to travel. I hope to go on some sort of vacation every year, but alternate between one big vacation and one smaller vacation. For 2013, I want to go to New York in December. Eric’s never been and I think it would be wonderful to see it all Christmas’d out. I want to do ice skating at Rockefeller Center, go in a carriage in Central Park–you know, all the touristy things.

6. Have Eric get hired as a firefighter

This is the year, I can just feel it. I am so unbelievably proud of Eric and how far he’s come in such a short time frame. In two years, he’s accomplished SO much and gotten so far. We have come thisclose to Eric getting hired as a firefighter, but I knew that each department he interviewed for wasn’t the right one for our family…so now we’re just waiting for the right department to hire him. I really really believe that 2013 will be the year we get our answer.

7. Rebuild emergency fund to $1,000

With my most recent car crash, I wiped out our emergency fund. Time to rebuild it again, and hope to have this done soon.

8. Learn about the stock market

I’m not saying that I want to become a trader agent, but I would really like to learn more about investing, since I know NOTHING. I know some universities developed online programs that make it easier for newly graduated or active professionals to get a master degree in finance, with a specialization in security analysis and portfolio management. Maybe I should look into it more and take few classes to help me understand how to build my own portfolio, find out more about international trade and all the financial procedures. If I take classes and still don’t understand the stock market, maybe I need to seek information that was created by a professional. Or maybe if anyone has any good literature they’d recommend helping me get familiar with investing and the stock market?

9. Lose 15 Pounds

Every year, I add this to my list. Every year, I go down and up. But at least I am consistent with it, right?

10. Save $800 for Christmas 2013

I started a Christmas fund this year but didn’t start contributing until October. Didn’t work out so well. This year, I plan on setting aside $40 from each paycheck to go directly into our Christmas fund.

11. Bike to work at least 10 times each month

I plan on biking to work an average of two to three times per week, or at least 10 times each month. Not only is this great exercise, but it will result in an extra $50 per month to my paycheck, since I’m paid to bike to work.

12. Save $5,000 in our General Savings Fund

I know we only need $1,000 for an emergency fund. But I also like to have an extra $5,000 in a general fund in case sh*t really hits the fan. I think this money will also serve as a down payment fund for a car that we’ll need to buy in 2014.

13. Go on at least ONE husband-wife date each month

Eric and I suck at dates. Sometimes we do it, but most of the time when we have a weekend together, we spend it vegging out. We’re big homebodies, but it’s nice to go out too. I don’t think one date night a month is much to ask for.





hungry hungry artist (@blerghhh) April 2, 2013 - 7:37 am

I can help you with the investing stuff. The more I learn, and the more success I have, the more of my friends and colleagues are starting to ask me for help. (If this continues, I might just have to start my own private capital company!)

There are a few questions you need to answer yourself first:
1. what is my time-frame for this money?
2. how much “risk” can I stomach? (more is much better if your timeframe is 30+ years)
3. what sort of tax implications will this cause? (if any… both now and during retirement)
4. do I have any moral issues with various companies/products? (guns? gambling? oil?)

2. requires a bit of discussion. Send me an e-mail if you feel so inclined.

Sheena December 29, 2012 - 8:29 pm

Hi, Found your blog by searching 13 goals in 2013. I’m considering doing a similar post, but via Pinterest. Great list — love that you and your hubby plan together 🙂 Good luck!

Ally December 22, 2012 - 7:24 pm

This is a great list! I need to come up with my 2013 goals. I know one of my goals will be the same as you. I want to go to New York City in December. I’ve never been there and I really want to see the ball drop on New Year’s Eve. New Year’s Day 2014 is also my 30th birthday so I think it would be a fun way to celebrate (not that I enjoy getting older but whatever). I heard it’s expensive to go to NYC on NYE but I’ll see what kind of deals I can find.

Kathleen, FrugalPortland December 20, 2012 - 8:11 pm

you’re so little how can you lose that kind of weight? other goals = great!

Jordann @ My Alternate Life December 20, 2012 - 7:21 am

I think these are great and totally attainable goals, but there sure are a lot! Good luck in 2013, it really looks like things are starting to roll for you guys.

Teacher Girl December 19, 2012 - 6:48 pm

Love your goals! You have a great mix of personal, relationship, and finance in there.

Army Amy* December 18, 2012 - 10:57 pm

I like your goal to take a vacay or travel domestically every year. My husband and I are temporarily living in Germany, so we’ve been able to do tons of sightseeing in the last few months. We’re moving back to the US in the spring, but I want to continue to travel. I’ve got my heart set on seeing the Grand Canyon with him.*

Lisa @ Cents To Save December 18, 2012 - 7:29 pm

These are a great list of goals for 2013. We need to work in a monthly date night too.

Jenn December 18, 2012 - 5:44 pm

Check out the Bogleheads Guide to Investing, it is great!

Mary December 18, 2012 - 6:28 pm

Definitely second Bogleheads. I invest through Vanguard exclusively. Really low expenses. I learned everything I know about investing through two blogs – mrmoneymustache.com and jlcollinsnh.wordpress.com

I’ve read both blogs beginning to end [ just like I’ve done here 🙂 ]. Learned soo much and feel very confident in my investing now!

Mary December 18, 2012 - 6:34 pm

…..what I meant to add is that Bogleheads are named after John Bogle, the found of Vanguard!

Chuck December 18, 2012 - 8:31 pm

Came here to say the same thing, keep it simple, let math work for you. If you try to “outsmart” the market, you will almost always lose.

Mrs. Pop @ Planting Our Pennies December 18, 2012 - 5:28 pm

I like the date night goal – and they don’t have to be big, just something different! =)

Mo' Money Mo' Houses December 18, 2012 - 2:41 pm

Great list. I think I’ll start working on my 2013 goals list soon too!

CeCe @Frugalista Married December 18, 2012 - 2:14 pm

The only thing that saves us from vegging out every weekend is that he is NOT a homebody. I am so he kind of pulls me along and it’s for the best because we end up on several dates per month. Also, his friends are always doing something. Great goals. I hope this is your year to make them all.

jadell December 18, 2012 - 1:44 pm

DH and I recently took Dave Ramsey’s Financial Peace University. I learned SO much from his class including about investing. I would totally suggest it.

jobo December 18, 2012 - 1:22 pm

15 lbs? that is too much my friend IMHO 😉 I love your goals though!! And visit NYC and I’ll come meet you guys haha 😉

SavvyFinancialLatina December 18, 2012 - 1:06 pm

Love your goals for 2012!!! We, also, have a bunch of goals for 2013.

The Happy Homeowner December 18, 2012 - 9:35 am

Wow, I’m so jealous that you are paid to bike to work! I’ve been doing the biking thing for a couple of years now, and I wish my employer/city would introduce a plan like that. Remember your helmet and lights… 🙂

Kudos for getting the 2013 goals up so early. I still need to finalize mine. Thanks for the reminder and good luck!!

Jessica @ Budget for Health December 18, 2012 - 8:43 am

Sounds like you’ve got an awesome employer- 75% tuition coverage and paying you to bike to work! You’ve done a great job with your side hustle this year and I’m sure you’ll hit that $5,000 of extra income now that you’re on a roll. Any more half marathons in store for 2013?

Liquid December 18, 2012 - 8:28 am

Good luck with them goals. I know biking to work 10 times a month for me would be the hardest to do. “The Intelligent Investor” is a good book on investing for beginners. I’d also look into index investing :0) Seems to be pretty popular these days…


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