Happy New Year!

Accomplishments for 2007 -
1. Financial Health Assessment

If you want to call it that.. The point is that now I have a more complete picture of my financial health. I got Quicken and set up all of my assets and liabilities. I was kind of in the dark as to how net worth works and now I have an accurate estimate. I have my credit score. I feel comfortable with my insurance (health, car, renters, disability, life..)

2. Bumped up 401k contribution.

I started at 3% when I got my job and point by point moved to 6%. Yay! My employer will now be contributing 3.5%.

Goals for 2008 -
1. Flesh out my emergency fund.

I currently have about 3 and a half months worth of expenses and some of my reading suggests closer to 6, especially for a singleton. I expect to be here by the end of the new year.

2. Bring net worth out of the red.

I'll be happy if it's at zero by the end of the year..

3. Open Roth IRA.

I met with a financial adviser to open an American Funds account this past year and refused his advice but I've finally come to the conclusion that he was right. So this year I will do that. (Sometimes I just have to come around in my own time, you know?) I have no delusions of fully funding it but something is better than nothing in the eyes of compounding over time and such.