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February Goal

March 1, 2005 by Neville

I set a goal for 2-28-2005 to have made $3,500 since January 1st 2005. The goal was not met. So far I have only made $1,942 since January 1st, that isn’t good enough.

I have a new goal coming up set for 3-15-2005 which looks like a challenge, especially since I have only 15 days left to accomplish it. It states “Have a third, steady, side income.” I currently have my online business and my job as steady sources of income. I will not count web design and other small projects as a steady source of income. 15 days to come out with a new business that brings in good profits month after month, can I meet the goal?

As for the February goal of making $3,500, it was made to keep me on course to making $11,000 by 4-31-2005. At the rate I am going I will only make half of that.

I’m still a full time student right now, but that is no excuse not to meet these monetary goals! Taking a look back to see why I didn’t reach that goal I noticed a few things:

  • I didn’t fully exploit the money making power of Resumite.com
  • Didn’t set up a 3rd, steady income. My current online business and job put together cannot make much more than they already are.
  • No shorter term stock trades. I do not claim profit on a stock unless I sell it. All my current holdings are long term. My last goals were met through big gains in stock.

On the other hand, I have another article in the Daily Texan, this time on personal finance and savings for college students. I will post the link tommorrow.

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