Going into 2019, I really only have ONE major goal…to increase my income (mostly via my online businesses). However, I have several intentions/resolutions/habits I would like to work on.
I’ve been obsessed with the idea of improving by 1% daily. I broke down these little intentions of mine by category: personal development, health/fitness, finances, and side hustles. These areas of my life are my main priorities in life right now. Of course I could set some serious goals in each of these areas, however, I really just want to work on the following things without stressing about it.
Throughout the year I want to ask myself, “What can I do today to improve myself by 1% more than yesterday [in health, personal finances, etc.]?” And then I can refer to these lists to see what I can do to get better.
This list shares what I want to do more (or less) of for my finances and side hustles, but be sure to also check out what I want to do for my personal development and health!
While I do have a $1K+ emergency savings in place, there are several things I want to save for this year to make my life a bit easier.
I have found that the app Qapital is the best resource for creating sinking funds.
For 2019 I have created sinking funds for gifts, pets, business investments, and maintenance/repairs.
Gifts: Set to automatically save $100 every month
This will be used for birthday gifts and Christmas gifts. I always find that around Christmas time I end up spending a few hundred that I didn’t prepare for (even though I know it’s coming). Actually saving for it will make gift shopping less stressful!
Pets: Set to automatically save $50 every month
Pets can be very expensive (I have 3 dogs with my sister). I paid about $1,000 for one of my dogs to get a deep dental cleaning and extractions. This $50 a month should be enough cushion for annual check ups for all 3. If anything major comes up then I will use my emergency fund.
Business Investments: ANY extra income from my online work will be saved here until I reach $1,000
In 2018 I made about $1200 from my blog and YouTube channel…not much but it’s something! I either used that money to just spend or to pay down debt. However, I think it’s important to invest my income BACK into my businesses. I REALLY want to buy a new “mirrorless” Sony alpha 6000 camera this year. They cost about $600. Once I reach $1000, I will buy the camera and pay/hire someone to create a logo for my brand! After that, the income I generate will go toward my debt!
Maintenance/Repairs: Set to save $30 every month
I have a 2015 Toyota Camry, so I don’t expect any crazy repair bills. I do drive A LOT so I get several oil changes throughout the year and I need new windshield wipers. Other maintenance will include any necessary home repairs/projects!
Use my Qapital link for a free $5 when you sign up!
I have had a Roth IRA since 2017, but I have not contributed to it since. At this point, I would like to pay off debt more aggressively and then add more money to my Roth. However, in November 2018 I finally started investing in the stock market! I use the app Robinhood because all trades are free. I am no expert by any means, but the best way to learn is to begin. As of right now, I will be investing $100 every month in the stock market.
Use my Robinhood link for a free stock!
More learning about investing
On that note, I would like to educate myself more on investing in the stock market! I’ve learned a lot already but I want to actually understand everything and have a better strategy going forward. I plan on reading a couple of investing books as well as watching YouTube videos.
Pay off more debt
In June of 2018 my total debt increased to about $82,200 after I bought my car. By December 2018 I only paid off about $9000, bringing my total debt to about $73K. I can do better than that. My goal is to pay off AT LEAST $1700 of debt every month (after interest). At that rate, I should be able to pay off my car by December 2019. This also keeps me on track to pay off ALL my debt within about 4 years (hopefully sooner though)!
Take my budget seriously
I set a budget every month, but honestly I slack on keeping up with it throughout the month. I do track my spending at the end of each month, but that is when I realize I went over budget on something and obviously by then it’s too late. The area I need to stay under budget the most is food! I love food so I tend to spend more on groceries. $300 a month on groceries/going out to eat is what I’m aiming for.
I am hoping to get a small raise at my full-time job in April 2019. More importantly I really want to increase my side hustle income. I would like to make at least $1000 every month, however I honestly don’t like to set a money goal. I can’t necessarily control HOW MUCH money I make…that all depends on people consuming my content, using my links to purchase products, and buying my course. However, I have complete control of the action and steps I take to help that process (writing quality content, filming more/better videos, promoting more, etc.).
My plan is to donate $50 every month to a charity. One day I would love to give more but I find that if I’m not making the effort to donate I forget about it for several months. I am grateful for what I have in life and while I do have debt, I am completely able to spare $50 a month!
Improve YouTube content
YouTube is challenging. It’s easy to imagine how I want clips to turn out or all the content I can film, but it’s difficult to make it come to life. First of all I want to create shorter videos, 10 minutes or less is ideal. I also want to create more valuable content, so people can gain something from me. And I want to work on my editing skills. I’ve gotten better over the last few months but I can do better!
More posting on Instagram
Yes I want to decrease the time I spend on social media but I actually want to post more as well. I know some people find that silly, but my Instagram is also a part of my brand and serves as a promotion platform. I really would like to get over 10K followers on IG so I can add the swipe up feature to my stories!! I like to use IG as my mini blog, so I plan on sharing tips, tricks, lessons, and my life as things come up. I’m going to aim for posting at least 3 times per week, hopefully more though.
SEO = Search Engine Optimization
I have focused mostly on creating content for my blog this past year, but now I need to start learning the real deal. Improving my SEO will only increase my traffic and Google rankings, all which will take me a step closer to becoming a full-time blogger!
Learn more about SEO
On that note I don’t know much about SEO, just the basics. I am a part of Dare to Conquer (previously Billionaire Blog Club), Scrivs (the creator) offers an SEO course that I’ll be going through soon!
More investing in my businesses
As I mentioned above, I will be creating a sinking fund for my business. First up is a new camera, followed by a custom logo. Eventually I want to create business cards. Those are my 3 main priorities, so after that I may purchases a new course or hire someone for assistance…who knows!
Less stat checking
I check my stats so often because it’s exciting and cool to watch the numbers. I only want to check my blog and YouTube stats every 2 weeks. That way, I can see what my viewers/readers like and I can improve upon that.
Your goals inspired me to set some business goals of my own!
Yesssss that’s awesome Lisa, thanks for letting me know that!! Best of luck on your goals! ??♀️
Wow two posts a week consistently is impressive!! I struggle with one post! Thank you so much and best of luck to you as well! 🙂