New Year, New Financial Goals!

In this episode Gwen and J receive voice messages and emails from people in the community talking about their financial goals for 2019. We also hear Gwen's achievements and goals for the year coming, as well as J's exciting news about her house and her financial plans.

You'll love this little chat.

We also chat about...

2018 side hustle recap
The comfort of having a paycheck
Voicemails from other bloggers
Gwen and J's financial goals
Up and coming for 2019

Enjoy this chat with Gwen and J, and please subscribe to us in iTunes if you enjoyed it!

Show notes and links from today's episode

Mad Fientist Spreadsheet
FIRE Drill Facebook Group
Tanya's Our Next Life blog
Donate to Uriah
Etsy Mastermind
Episode: How to Create Passive Income from Etsy Digital Products
Mad Fientist episode with J's husband: How to Get Fit (And Actually Enjoy it)
The FI Show
A Purple Life
YNAB
ChooseFI Blatimore
Tanya's book: Work Optional
Episode: Saving 70% of Your Income to Be With Your Kids
Fly to FI
MK's book: Enemies of the Peace

Key takeaways from the chat between Gwen and J
1 - Having a paycheck can be a huge relief
Gwen tells us that she received her first paycheck at her new job, and how relieved she is to be making good money again. Thanks to her new job, she now has health insurance and doesn't have to worry about breaking bones, and can now also afford therapy. Gwen realised that thanks to having a normal monthly paycheck she can enjoy life again and really enjoy the journey to FI. She plans on doing a stand up comedy course, on looking for a good place to live and putting money into her HSA.
2 - Your financial goals for 2019
We got tons of messages with everyone's 2019 goals! For James, 2018 was the year of discovery, so 2019 is the year of side hustles. Heidi will continue on her debt free journey all through out 2019, and Josh plans to max out his Roth IRA. Mary Kate is on a roll with clients through her new side hustle, and Chad is aiming for a 20% savings rate along with paying off his Chase card. Yvonne wants to learn the fundamentals on how to close a real estate sale and is aiming to save $100,000 in 2019 (wow!). Jenny wants to increase her 401k contributions, learn about real estate and work on some local causes she believes in.

Some amazing goals for 2019!
3 - Some expert budgeters give advice
Gwen tells us she budgets her after tax income from the month, and then extrapolates over the year. She tracks spending and translates that into an accurate looking budget. She's decided this year to not be so aggressive on keeping her expenses low and wants to have more fun. J also isn't keen on keeping a strict budget and uses the 'save first, spend the rest' method.

The FI Show explain the magic of local deals and using your freezer to store meat. A Purple Life tells us that her annual budget is based on the realities of last year. She uses YNAB to keep track and makes sure to not feel too restricted. Other bloggers tell us how they use envelopes, different accounts and cash to manage their money. Some pretty great tactics and strategies!
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