I dislike resolutions, mostly because I am horrible at keeping them. I tend to look backwards at them, as in “Oh, I resolved to do X back then, but I haven’t. Oh well.” Goals are better for me, because it’s something to focus on with a date attached. I need deadlines! Here’s what I came up with:
Separate business and personal financial worlds.
Open a SEP IRA for 2005 business income at Vanguard.
Do my taxes and research to maximize tax return.
Roll over Traditional IRA to Roth IRA.
Implement Business Idea A. (haven’t decided whether to share yet)
Have achieved 3 new freelancing clients.
Open either a Solo Roth or Traditional 401(k) for 2006 business income. Broker undecided.
Have Business Idea A take only a few hours a week to maintain.
Implement Business Idea B.
By the end of the year, earn $20,000 in side income.
Explore LLC / S-Corp depending on success.
Things already done
These are things that I would put on my list, but I’ve already done them.
Am I missing anything?
By Jonathan Ping | Goals | 1/15/06, 9:43pm