Friday, January 1, 2016

Giving Yourself a Pat on the Back

I just had to quickly mention this since I'm pretty proud of myself today. I started running again about a month ago as a way to get ready to climb Kilimanjaro. I haven't ran hardly any since I finished high school over 9 and a half years ago so this has been a big deal for me. But this morning I charted out a course on and ran my first (non-official) half marathon. As best as I can tell it was exactly 13.1 miles and I ran it in 2 hours 9 minutes and 32 seconds. Before starting out I set a stretch goal of 2 hours and 10 minutes but was shocked that I, not only was able to finish it at all but that I was able to average less than 10 minute miles for the whole thing.

So, Happy New Years, I ran my first half marathon!

But now that I got that out of the way I wanted to first congratulate you on another year of successes. The beginning of the year is a great time to take a few minutes and make some notes about where you are at right now in all aspects of your life but especially with your finances.

I actually compute my net worth every morning Monday - Friday (I'll agree, that's probably a bit extreme) but if nothing else I would highly encourage you to calculate it at least once a year and the beginning of the year is a great time to do it each year. This will give you a standing benchmark to compare yourself against next year.

Sometimes I get caught up in the grind of saving and feel like, "What's the point, this is hard." But when you have a benchmark to compare yourself against and see how far you've come it makes it a lot easier to find your motivation to continue.

And lastly, I wanted to give a brief update on how Our Current Financial Plan has been working. If you're not familiar with the plan that we've set up I would suggest that you read about it (it is my most read post so far). Through following our budget and sticking to this financial plan we were able to comfortably put $826.52 into investments and principle on our mortgage for this month. Hurray for us! We're fighting hard to get out from under our mortgage and to financial freedom.

So here's to a great 2016.

P.S. Normally I only make Birthday Goals (my second most read post) but this year I'm going to break down and make a New Years Resolution to write posts more often so hopefully you'll start seeing several more shorter posts.

P.S.S Band of Savers hit the 2,000 visits mark yesterday! Thank you all.

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