Can you believe 2012 is a quarter of the way through? New Year’s Day seems like only a few days ago. Are you keeping up with your New Year’s goals and resolutions? By now many of these resolutions have been forgotten. The only way to keep your resolutions is to write them down and make them a part of your routine or at least check up on them once every few months. 🙂
Baby RB40’s Goals for 2012
– Walk. He still falls down once in a while, but the little penguin is running all over the place now.
– Talk. He can say hi, mama, and papa. After that, he is full of baby babbling.
– Quit drinking (formula). He finished his last can of formula last week. We’ve been mixing formula with whole milk for a while now and he is fine with it. The next step is to get rid of the bottles and move to sippy cups.
– Stop hitting himself on the head. Thanks goodness he got through that phase. He doesn’t hit himself on the head anymore, but he still bumps his noggin on the floor/carpet/piano a few times every day.
Baby RB40 did great with his goals. He already accomplished his 2012 goals in only one quarter. He is a role model for us all. Now he needs some new goals.
On to my 2012 goals
- Rental Income: average $700/month. We have been averaging $808/month so far. Great start to 2012 and we just need to keep it up.
- Online Income: average $1,000/month in Q4 2012. I will reset this goal to $300/month. I’m moving to affiliate income and PPC ads and the income is a lot less than private ads, but it should be more stable.
- Dividend & Interest: average $500/month in Q4 2012. Done! The dividend portfolio should generate about $550/month. I will make $600/month my stretch goal.
- Monthly positive cash flow: $500/month. So far in 2012, we average about $1,438/month and are ahead of the goal. We’ll see how the summer goes.
- I’m adding a new goal here. P2P income: $100/month by the December 2012. I’ll throw our extra money into prosper.com and see how far we can get by the end of the year.
- Change job. I’m actively working on this one, but no luck yet.
- Stay healthy by eating well and keeping active. In Jan. and Feb. I went to the company gym at lunch 4-5 times/week. In March, I took some time off to be a stay at home dad and wasn’t able to maintain my exercise schedule at all. I’m back at work now and going to the gym consistently again, but I will need to figure out how to be active when I become a full time SAHD. It should be easier in the summer when the weather is nice. We’ll go out for more walks and other activities around town.
- Join Toastmasters. I think this will be a bust this year. I will probably have to wait until baby RB40 goes off to school before I can do this.
- Pursue other side ventures. I’m keeping an open mind, but no success yet. I’ll have to ping some friends again.
- Retire By 40. We were able to post at least 3 times per week and keep the quality high. Content is king in the blogging world and I’m pretty happy with our first quarter. I updated the site to Thesis theme and I think it helped tremendously. Thesis improved the readability a lot and I’m very happy with it. Comparing our March pageviews to December, I see that we improved 140%. That’s incredible. Thank you everyone for making Retire By 40 a success.
- Develop a few more sites. I started another site, but couldn’t keep it going. I will probably have to hire a writer if I ever want to get another site going. Writing is difficult for me and it takes a lot of time.
- Attend one blogging conference. I purchased my ticket to the 2012 Financial Blogger Conference! I’m looking for flight tickets now, but I’m excited to meet many bloggers I only know though the internet.
All in all, I think it was a great first quarter and I still have the rest of the year to keep working on it. The only really disappoint thing is my exercise during the stay at home dad break. I really need to figure out a way to stay active when I become a SAHD. Any tips from SAH parents out there?
How are you doing with your New Year’s goals and resolutions? Did you lose that 10 lbs yet?
For 2018, Joe plans to diversify his passive income by investing in US heartland real estate through RealtyShares. He has 3 rental units in Portland and he believes the local market is getting overpriced.
Joe highly recommends Personal Capital for DIY investors. He logs on to Personal Capital almost daily to check his cash flow and net worth. They have many useful tools that will help every investor analyze their portfolio and plan for retirement.
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