2011 Q3 Financial Goals (a somber update)

Oh boy. Those financial goals I laid out in January are really coming back to haunt me. In April, I gave an optimistic Q1 update. In July, the Q2 update was peppered with a reality check. And here we are headed into the home stretch.

Just like the previous quarters, they’ll be some adjustments going forward. The divorce is almost final, finances are 90% separated, and October is the first month that I’m back to a single paycheck (and an ex-husband that hopefully fulfills his commitment to helping me pay down our joint debt).

Here’s what I had planned for July, August, and September:

• Pay car loan (Corolla) in full
• Pay Chase (1 of 3) in full
• Continue regular contributions to 401k
• Hold emergency fund steady at $2,000
• Begin separating finances and saving independently

Here’s what I accomplished.

• Car loan ( Corolla) paid in full
• Maximized 401k contributions (4% annually with company matching)
• Increased emergency fund to $3,000
• Finances 90% separated

Things have definitely improved on several fronts, but there are still some big goals left to tackle in Q4:

• Pay Chase (1 of 3) down by 50%
• Continue regular contributions to 401k
• Increase emergency fund to $4,000

And if I happen to win the lottery before the end of the year:

• Max out year Roth IRA contribution
• Pay Chase (1 of 3) in full

So, how have you done reaching your financial goals this year? Do you have any goals for the rest of the year?

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