I have heard that most New Year’s resolutions are long forgotten by mid-February so I thought I would take a look and see how I am doing on my 2 main goals for 2013.
Goal Number 1: Lose Weight
I thought I would start with the simplest and most straight forward of the 2 goals, losing weight. I want to lose 15 pounds by May to get me to about 215 in time for softball season. I want to still be able to make it down the line quickly and not hurt my knees so much so getting to 215 is a start.
On the day that I hit the heaviest I have ever been, I weighed in at 230.4 pounds. Since that day, I have managed to weigh in at even or down each week. Yesterday, I was 224.8 for a total 5.6 pound weight loss in a little over 6 weeks. A pound per week should be quite sustainable. Also, I have not lost any strength although my upper body workout has been less than stellar these past 2 weeks due to muscle spasms in my upper back. It should be better in the next week or two.
Goal Number 2: Lose Debt
This is a little more complicated as technically my liabilities have increased over the past month, but that is because the PLUS loans that are paid out for fall and spring semesters go into repayment starting in February. So that total has been added to the overall mix. But the debts that I have wanted to focus on (namely consumer debt) has been decreasing. In January, I managed to knock about $6000 off the total.
Now I started a new blog to more closely follow and share my progress. It is called Shredding Debt, which is exactly what I am looking forward to doing to all my credit cards when I get them paid off. Shred them for good! Be sure to stop by and check out the blog. The design and logo is the work of Andrea at Nuts and Bolts Media. I think she did a fabulous job for a reasonable cost. All I have to do is log in and start writing.
February will not end up as good. This is because I am hoarding cash for a possible business purchase or investment. I have been meeting with bankers and a consultant to see what can be worked out. I am keeping the cash in case I need to put up some equity into the deal to make it happen. Once the picture is clearer, I can resume my efforts.
Nevertheless, there will be some debt payoff simply from principal repayments. At least I am able to track my progress closely. I have been updating my spreadsheet monthly since October of 2012 working on getting debt paid off and freeing up some monthly cash flow.
Finally, here are the carnivals that featured my blogs in the past few weeks:
On Wednesday, I posted my SMART financial goals for 2012 of which there were two main goals. Today, I will be doing the same for some personal goals and again, there are two. I don’t think it is possible to focus on too many goals at one time. I think that some of them will get neglected so why not start with fewer goals but actually do something about them.
SMART Personal Goal #1: Lose Weight
S: Specifically, I want to be below 200 pounds which would be the first time in almost 14 years that I would have been under that weight. The most I have been is about 228, but I usually fluctuate between 205-215. Since I weighed 213 pounds yesterday, that means that I am wanting to lose 14 pounds at a minimum.
M: Duh, of course it is measurable.
A: I do think that it is achievable. There is no real reason that I need to weigh what I do. We are talking losing a little over a pound per month. Not exactly a crash diet.
R: Yes, it is realistic.
T: I am giving myself an entire year since I want it to occur as a result of some lifestyle changes.
Let’s talk about those changes then. Basically, I need to eat healthier and exercise more. I need to start drinking more water (just went to get a cup). I think I should commit to 32 ounces of water per day and should limit my diet soda to no more than 2 per day. I also plan to get back to tracking my caloric intake on my smart phone. That worked wonders this past year, but as my personal trainer would say, “Once you stop tracking, you start slacking!” Thanks!
Exercising more is really going to be getting out and walking a little more during the winter, spring, and fall. I play golf and softball during the summer and work out with weights and the trainer each week. Basically, if I watch my diet at all, I could probably get it done.
SMART Personal Goal #2: De-clutter the house
Life is busy and my family and I tend to accumulate stuff.
S: I want to clean out my closet, room, garage and basement. Not sure if this is specific enough but it will have to do for now.
M: Not sure how measurable it is, but it will be pretty darn obvious when it happens.
A: Yes, it is achievable. The house didn’t have this much crap in it when we moved in.
R: It is also realistic if I could just get my butt in gear. But after working 50+ hours per week, running the kids to practice, and helping out with laundry and dishes, I am pretty tired. Just keeping up with the laundry for 6 kids is a full-time job. We have to run the dishwasher twice per day to keep the sinks from over-flowing. Anyway, just saying.
T: My wife and I will be working on the closet and will make sure that it gets done in the next week. Then we can start on our room so I will assign a time limit of the end of February. I may have to take a vacation day to work on it. Garage will be done in March (though I did take the aluminum cans to recycle yesterday–got $21 for 42 pounds). Basement will come after that, but I am not assigning a time.
The kids will be on their own when it comes to their closets and rooms, at least until I can get my stuff together. The biggest thing for me to help get this accomplished will be to make a to-do list and portion out the tasks a little at a time. Maybe I can get some good work done during half-times on New Year’s Day.