Financial Goals for 2016: Year End Review

Aannddd reality check for these 2016 financial goals too!


  • Completed! – as in done/finished
  • On track – met based on budget file
  • Not yet started – not yet started based on target start date on budget file
  • Quite – met but budget not followed (lesser than what was in my budget file)
  • Not met – target not met based on budget file
  1. Religiously pay SK-LU. 5 months to go! Excited to mark this as completed!
    • Mid: Completed! – Last payment made this month! Ahhhhh, so happy happy!
    • End: N/A
  2. Save 50k for processing of papers for SK-LU. After completing the payment in June, I’ll have the same budget reallocated to this.
    • Mid: Not yet started
    • End: Quite – Just need to save 35K as confirmed by agent. 85% completed.
  3. Religiously pay SK-Silang. 2 years to go.
    • Mid: On track – many more months to go :p
    • End: Completed! – for all payments for 2016. 1 year to go!!!!
  4. Save 50k for lot processing of SK-Bgo.
    • Mid: Quite – too many reallocations
    • End: Not met – saved amount will be used for the completion of the SK.
  5. Save 35k for CR of SK-Bgo
    • Mid: Quite – too many reallocations
    • End: Quite – the saved amount will not be for the CR yet.
  6. Increase EIP allocation to 3k/month
    • Mid: On track – started March 2016
    • End: On track
  7. Increase MF to 20k (carry over from previous years)
    • Mid: Quite – still catching up with the savings but haven’t made any deposits to FAMI yet
    • End: Not met – Reallocated budget for nieces, plus, I’ll stop my FAMI contributions for now.
  8. Add 20k-30k to COL
    • Mid: On track
    • End: Quite – 2K deficit to 20K. Was not able to increase this but I opened another investment account instead.
  9. Save 80k for Project BD (new in my budget file)
    • Mid: On track
    • End: Completed! – and even exceeded by a few thousands hehehe
  10. Religiously save 3k/month for niece’s tuition
    • Mid: On track – I can’t wait for her to graduate hahaha!
    • End: On track – Crossing my fingers that she’ll finish her studies on time.
  11. Set aside a Tulong fund
    • Mid: Quite – too many reallocations
    • End: Not met – I decided in the end to not allocate for this on a regular basis due to other allocations. I just check which ones to sacrifice if I need to shell out for items not in my budget.
  12. Continue saving for an international travel
  13. Set aside 10k for December 2016
    • Mid: Quite – too many reallocations
    • End: Completed! – met this, and allocated some more, hence the Tagaytay trip
7/13 – On track/Completed
3/13 – Not met
3/13 – Quite
Ok, happy to see that I was able to meet most of my financial goals. Those that were not met were because I had to re-prioritize and reallocate them to other things.
Praying for wisdom to better manage my financial blessings in 2017.
Related Posts Plugin for WordPress, Blogger...