May Goals Update

It is full on summer here in the Pacific Northwest. Which is great when I am outside enjoying it but torturous at work.

GOALS

Financial

Expense rate under 45% of my net income.  C

My expense rate was 51% of my income, which isn't bad but I am way behind on this goal for the year at 61% so I need to start making up some ground with some 40% months.
 
Establish an emergency fund and automatically deposit some money into it each month. C

Still no progress in this department yet, if I want to open a Money Market account, as I was planning to do, I need at least $10k to open that account with my bank so I am still trying to decide how much cash to save up for this goal.

Invest $2,500 per month. C

I invested just $200 this month with my Loyal3 purchases of Disney (DIS), Kellogg's (K), Unilever (UL), a Pepsico (PEP) being my only activity. So, not a good month at all.

 

Open a Loyal3 account and start a small amount of automatic investing. B+

In one sense this goal is complete, I opened an account and starting automatic investing, however I don't want to mark this as complete yet, I would like to reevaluate in a couple of months and if all is going well, add to my automatic investing.

Pay for my vacations with overtime. D

With being on vacation for half of April I was only able to put in 6 hours of overtime in May. With a couple of poor months in a row I am behind schedule. I can reach my goal with 5 hours of overtime a week but to do that consistently would be very hard. 

Establish one new source of income. C

No update on this front yet.

Physical

Complete the Tough Mudder. C

I am already signed up for this one, so it will be happening.

Workout my legs 2x per week. A

I haven't been playing as much basketball so I have been able to find time to work out my legs.

Complete a sprint triathlon. B

Signed up for a race now I just have to start training for it.

Run at a faster Pace: complete a 15K in 1 hour and 24 minutes (9 minute/mile). D

No progress here either.

Reduce my percentage of body fat to 12%. D

I am actually not sure what my current percentage is but I don’t think it is good. 

Track my calorie intake every day and review weekly. B

I tracked consistently for most of the month but there was a couple of long weekends where it was just to difficult to track.

Personal

Read 6 Books from my Reading List. C

Finally started one of the books on my reading list.

Take an online class. D

Nothing here either.

Average one blog post per week. A

I posted 5 articles in May.

Travel somewhere new. COMPLETE

We did it and it was great! We loved our time in New Zealand and I wish we had gone for longer.

Try meditation. C

I need to figure out a game plan for accomplishing this goal.

Try out one new hobby. C

I think I am going to pursue mountain biking, but I need to figure how I can try it out instead of diving headfirst into it.

Date night with my girlfriend at least once per month. A

Dinner and movie.

Conclusion

I am definitely making progress. But my financial goals need some tightening up if I am going to reach my goals, my expense rate in particular.

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