Recap of 2007 goals and new 2008 goals

I started this blog during summer 2007 and my goals for the end of the year were as follows:

Max out 401k contributions
$5,000 in emergency fund
$100,000 of net worth

The only goal I reached was my net worth goal. My December 31, 2007 net worth was $101,286. The downturn in the stock market even put reaching that goal in jeopardy. My emergency fund only has $4,022 in it but that is an improvement over the prior year when I only had an emergency fund of $410. I did try to max out my 401k contributions but my spending habits got in the way. I only contributed $6,934 to my 401k and $1,200 to my Roth IRA. Those numbers are improvements over the prior year though.

My 2008 goals are:

Max out 401k contributions
Pay off all credit card debt
$135,000 in net worth
$15,000 in my emergency fund
Contribute $1,200 to my Roth IRA
Some of these goals are stretch goals but I am going to do my best to reach them.