≡ Menu

2012 Goals and Resolutions – Spring Update

new year resolutions spring update

A rare beautiful sunny Spring day in Portland.

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


  1. 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.
  2. 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.
  3. 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.
  4. 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.
  5. 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.

Personal Goals

  1. Change job. I’m actively working on this one, but no luck yet.
  2. 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.
  3. 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.
  4. Pursue other side ventures. I’m keeping an open mind, but no success yet. I’ll have to ping some friends again.

Blog/Online Goals

  1. 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.
  2. 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.
  3. 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?

The following two tabs change content below.
Joe started Retire by 40 in 2010 to figure out how to retire early. He spent 16 years working in computer design and enjoyed the technical work immensely. However, he hated the corporate BS. He left his engineering career behind to become a stay-at-home dad/blogger at 38. At Retire by 40, Joe focuses on financial independence, early retirement, investing, saving, and passive income.

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.
Get update via email:
Sign up to receive new articles via email
We hate spam just as much as you
{ 32 comments… add one }
  • First Gen American April 11, 2012, 1:49 am

    I loved baby rb40’s goals. Hilarious. I’ll have to check out your dividend portfolio. I’m amazed at how many balls you have in the air right now. I don’t know how you keep track of it all.

    • retirebyforty April 11, 2012, 8:54 am

      We need to make new goals for baby RB40. He is doing so much better than the adults. I need to see what are expectation at 2 years old and get on it. It’s a bit crazy, but most of the finance related stuff are passive like dividend income.

  • 20's Finances April 11, 2012, 5:07 am

    Great job on the goals. You may need to change your cash flow goals too. I am really investing a lot of time into getting affiliate income going – I hope it pays off. I can’t wait to see what other side venture you come up with. If you had another source of income, you’d be unstoppable.

    • retirebyforty April 11, 2012, 8:56 am

      Thanks Corey. Cash flow is doing ok. I didn’t set a high goal for online income (I think $500) so I’m sure we can make up from other area or get there by the end of 2012.

  • WorkSaveLive April 11, 2012, 5:25 am

    We didn’t set a ton of goals but we’ve bought the new car and built our emergency fund up to $3000!

    Our goal of not eating out at a fast food restaurant for the whole year went well for Jan and Feb, but March was AWFUL! Whoops. Time to stop being undisciplined!

    Congrats on some of your great progress! I hope to make it to FinCon2012

    • retirebyforty April 11, 2012, 8:57 am

      Great job on the EF! That will give you a lot of breathing room.
      Not eating out at fast food is tough. Maybe you can limit it to 3 times/month or something like that.

  • Value Indexer April 11, 2012, 5:46 am

    What kind of side ventures are you working on? I find that the ones that go furthest either don’t need outside help or involve someone who is already committed and doing well in a related area. It’s hard to find people who are ready to jump in but haven’t done much yet, even when the rewards are good!

  • Financial Samurai April 11, 2012, 7:13 am

    Joe – Talk to us about your conflicting goals of changing jobs and retiring by 40? Does it make sense to change jobs only to retire within 12 months? thx

    • retirebyforty April 11, 2012, 8:52 am

      I’m being liberal and consider transitioning to SAHD as a job change. 😉

  • Modest Money April 11, 2012, 9:21 am

    I thought the Baby RB40 goals were pretty funny too. Switching from private ads to affiliate and ppc ads probably is the smart move to make for stable long term income. It does need a different approach to get similar income though. It does sound like you have a whole lot of goals that could be difficult to manage all at once.

    • retirebyforty April 11, 2012, 1:33 pm

      I feel like I’m most of the way there with many goals. Only a few needs a lot of work so I think I will be do it by December. PPC ads should scale with readership so I think that’s a good thing.

  • Frugal Portland April 11, 2012, 9:41 am

    awesome, good work baby rb40! 😉 I lost ten pounds! … of stuff. I got rid of so much this year — that has to count for something!

    • retirebyforty April 11, 2012, 1:34 pm

      We didn’t lose much of anything. 🙂 Baby keeps bringing in more stuff. We’re dropping a lot of new born stuff off at my brother’s later this summer so that should really clear up the place.

  • My Own Advisor April 11, 2012, 11:44 am

    Great work Joe!

  • Jeff @ Sustainable Life Blog April 11, 2012, 12:03 pm

    Great job on your goal progress in Q1 Joe! Glad that you’re following baby rb40’s footsteps and becoming a success. I’d love to have a chat with you at fincon, as I’ll be there!

    • retirebyforty April 11, 2012, 1:35 pm

      I’m looking forward to seeing everyone in person at fincon too. Did you get plane tickets yet? The price seems to be going up lately.

  • Late Starter April 11, 2012, 1:10 pm

    I’ll speak to the fitness issue. Walk with the stroller whenever possible. Some gyms have daycare. Use the baby as a free weight, ie you’re on your back with knees tucked in, baby lays facing you on your shins. You hold his hands while he “flies” up. You can think of a lot of other things like that. I used to get up at 5 so I could work out before my husband went to work. You have to do what you have to do. I’m holding at my high school graduation weight, and I am over 40. Good luck.

    • retirebyforty April 11, 2012, 1:40 pm

      We’ve been going for a long walk when the weather is nice, but we probably should pick up the rain cover for the stroller. I don’t want to pay for the gym. I doubt the one nearby has daycare because it’s the university gym. I tried what you described and he had a lot of fun with it. I’ll have to think of some other baby free weight exercise to do. This might be a great niche site idea. 🙂
      Wow, I’m impressed with your weight. I’m sure most people never dream of getting back to that weight. I’m just a few pounds over my college graduation weight and need to keep working at it.

  • The Passive Income Earner April 11, 2012, 4:13 pm

    Well done on your goals! I am jealous of your dividend income 🙂 How much capital do you have to generate that? From my simple math, it’s above 100K but I did not count in details.

    I too want to work out more … My gym bag is beside the door and only realize I forget it once I am in the car. Tomorrow it is 🙂

    • retirebyforty April 12, 2012, 9:31 am

      I will PM you. I’m doing pretty well with working out while I’m at my full time job. We have a pretty good gym that I go to at lunch, but I couldn’t do much when I took time off to be a stay at home dad. We’ll definitely get out more now that the weather is nicer.

  • SavvyFinancialLatina April 11, 2012, 8:26 pm

    Good job on your goals!!! I really like the readability of your new theme.
    As far as goals, I have so far lost 7 lbs of the 12 lbs I set out to lose. These last five pounds are hard! I am almost done with my degree, and hopefully will find a job soon!

    • retirebyforty April 12, 2012, 9:35 am

      I like this font much better. It’s much easier to read for me and I’m really glad to hear you like it.
      Great job losing 7lbs already. You still have 9 months left so I’m sure you will be able to get rid of those 5 lbs.
      Good luck finding a great job!

  • Miss T @ Prairie Eco-Thrifter April 12, 2012, 7:18 am

    I love how you put baby’s goals in there. That is so cute!!

    Good job on your goals. You really are doing awesome. Again you are inspiring the rest of us.

    • retirebyforty April 12, 2012, 9:51 am

      Baby is kicking my butt! 🙂

  • YFS April 12, 2012, 8:19 am

    Love the baby goals and of course I love the toast masters goal. I used to be in that organization and it taught me a lot about presenting.

    • retirebyforty April 12, 2012, 9:53 am

      Mrs. RB40 told me there is a meeting nearby at 6pm on Wednesday so maybe I could join after all. We’ll see how it goes.

  • Little House April 13, 2012, 7:07 am

    You and Baby RB40 are doing great with your goals this year. I like how you’re revising some of your goals as things change. As for side ventures, you should really look into that Big Island of Hawaii idea (per your comment on my post) – that got me thinking!

    • retirebyforty April 13, 2012, 9:50 am

      Thanks! I plan to visit the Big Island in a couple of years and do a scouting mission. Land is still affordable in certain spots, but the nicer (north?) side of the island is quite expensive.

  • 101 Centavos April 13, 2012, 7:21 pm

    Glad to see Baby RB40 is getting a handle on his drinking problem. Make that two handles… on a sippy cup. Great to see your steady progress, and agreed, being a stay-at-home-Dad will be a full-time job.

    • retirebyforty April 14, 2012, 11:22 am

      Haha, yeah he’s done with formula. He likes to dump water out of the sippy cup and will need to learn how to drink from it better.

  • Aloysa @My Broken Coin April 15, 2012, 4:43 pm

    Aaahhh… you are doing great my friend. Much better than I! I need to review my goals as well and see where I stand. As far as I know I failed only one goal – no shopping for three months. :))) I was slacking with work outs. But now I am determined to hit the gym a lot. Did some deadlifts and lunges this morning. Now I am in pain. But in good pain. 🙂 Keep up a good work, Joe. And keep us updated!

Leave a Comment