My 2016 Goals – January Update

January is over and that new year’s resolution feeling has fully worn off by now. Are you changing your habits or did you make empty promises to yourself that you haven’t kept?

Let’s see the progress on my 2016 goals below:

Become a Morning Person

I’m embarrassed to say, but as a grown-ass man I click the snooze button WAY too much. I am still working on getting into my routine that will get me up and productive earlier in the day. The last week or so I have tried to move my alarm to a place where I can’t reach it in bed and I think this has started to help, but still a lot of work to do here to break old habits.

Run 365 366 Miles this Year

I realized that 2016 is a leap year so February 29 is gracing us with her presence this year. In the spirit of keeping with the average of 1 mile per day I’ve upped my number to 366 miles.

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All in all, not a bad way to start out the year on the exercise side of things. January included a total of 10 runs for 33.8 miles total at sub 8:50 average pace. I don’t particularly love running on the treadmill but intervals are good to do from time to time. It also helps me understand my natural pace and try to push/change my natural pace.

Run 2 10Ks & Run my first half-marathon

I’ve started to zero in on my dates for my first 10K (end of March) and half-marathon (mid-April). I have no doubts of running 6.1 miles right now in the shape that I’m in, but still have to work on the mental aspect of running 13.1 miles. So plenty of work left to do here in the coming weeks and months before the half.

50 First Dates

Success in the first month of the year! Highlights include an evening staying in to discuss 2016 financial goals, finally catching Star Wars 7, our too often trips to Costco & the grocery stores, and shopping for some clothes for an upcoming trip to Hawaii –
BE JEALOUS! 😉

Make at least $7,500 profit from side hustle-y things

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Relatively slow start out of the gates here for January. On the eBay side of things, I listed so heavily in Q4 of last year, I’ve had a bit of a hangover. I’ve gotten a decent amount of inventory to Amazon these last few weeks. The biggest thing I am interested to see is what my margins look like once I get my FBA Amazon action really moving. Historically, I have averaged 45-50% margins on eBay. I highly doubt I will hold that high of a margin on Amazon. But it’s also much easier to send things to Amazon in bulk than to list on eBay individually. The other category is mainly some LA Laker’s tickets that I snagged up for Kobe’s retirement tour and re-sold. More to come on that later.

Read at least 12 Books (yes, from start – finish)

About half way through Smart Couples Finish Rich  and currently listening to The Power of Habit on audiobook. I’ll give my thoughts on each when I am through with them.

Increase Net Worth by 35% (About $65K)

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As we all know, it was a rough month for equities across the globe. Just remember that sometimes volatility is good for us over the long term. I expect 2016 to be a bumpy road with plenty of ups & downs in the market. I still expect to max out my HSA, pay down my mortgage, save in pre and post tax retirement accounts. Nothing to see here.

 

-TFG

5 thoughts on “My 2016 Goals – January Update

  1. Love the goals, especially reading books and boosting that side hustle income. And Mrs. Mortimer and I have now made a habit of going grocery shopping together each time we go just because it’s a solid block of time we actually get to talk to each other. Sounds boring, but we love it!

  2. Hey FireGuy,

    These goals look very similar to mine. having kids, I am by default an morning person now. The running is high on my agenda as well. I am for a 20K run this year. Lets see if I can make it.

    AT

    1. I usually go to garage sales or thrift stores to find items and flip online. This will make for a great series of posts on my methods and what I’ve learned through the years with this side hustle.

      It’s not for everyone. But for me, it’s a fun thing to do and all about the thrill of the find. I got behind last month, but will be providing an updated status on 2016 goals through Q1, here in the next week or so!

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