2019 Goals

Spread out, as on the winged winds, they flew, And seized the distant goal with greedy view.

I use ONS metrics for net worth related goals. I’ve kept the ONS definitions intact, except for property, which I don’t revalue.

Savings rate

Maintain a savings rate above 50%. Monthly savings rates don’t matter so long as the year to date average is at or above target.

Property wealth

Reduce the mortgage by £45,000 or more.

Pension wealth

Use up all available pension allowance.

Financial wealth

  1. Use up all available ISA allowance.
  2. Keep the Emergency Fund topped up at £30,700.

Tax

Pay no more than £47,000 income tax in 2018/2019 tax year.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s