Financial Reflections

Yesterday’s post went over the various predictions people had for 2006, and where they thought you should (or shouldn’t) put your money.  After my head stopped spinning, I wondered what my financial goals for 2006 were.

It’s halfway through January - perhaps a bit late to make resolutions - but I thought I’d state my financial goals anyway.  From what I’ve read, those who manage to accumulate wealth do so by setting goals.  Anyway, here it goes…

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I’ve read a few–ok more than a few–books on finance, money and business lately, and I can see common themes running through them.  There is, of course, the mantra of “pay yourself first,” which was apparently first chanted in The Richest Man in Babylon.  Others have worked variations on that theme.  For example, David Bach not only wants you to pay yourself first, but but he wants you to do it automatically.  Dave Ramsey still wants you to get paid, but moves you to second place, right behind God.

While mulling over these rules, I’ve started a list of my own.  It’s something I plan to keep growing and editing over time, but here’s the first:

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Heres a CNN Money article about a young couple’s journey to riches.  Hopefully that’s the path I’m on now.  But before I start, I need to find out where I’m at.  I think I’m going to need a sedative, because this is going to hurt…

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