In my last post one of the goals I listed was to get to 100K net worth. I decided to break it down a bit so I can have mini goals as it were.
From my December net worth post I decided the below:
- Double my Super to $48,579.90. I am currently super heavy and would like to flesh out other parts in my portfolio so I will not be actively adding more to Super especially after the tough January I am having. I am just going to leave as is and hope it doubles!
- Invest capital of 5K minimum.
- Get my emergency fund to 5K. This should probably be at the top.
- Save for a house deposit 41K. I am still debating on whether I want to buy a house but for now I figured having the savings there will make the decision easier? It might be a waste just having the cash sitting there but I am trying to think of it around the lines of if money was not the biggest issue would I buy and where.
So at the end of the year I should have a little more outside Super. As someone who is fairly new to this I know I have a lot to learn and maybe mistakes to make and hopefully the journey overall is a positive one. Now I just have to figure out how to make more of that money and keep it!
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