My Own 2008 Financial Resolution/s

I have a few goals.

1) To set up a 3 month emergancy fund. To do this, I will sit down and figure out what the amount my fixed bills (mortage, car payment, insurance, &c) are for three months, rounding up to the nearest hundred for easy/saftey sake, and then divide this amount by 6. It is my intention to have a 3 month safety net saved up in at least 6 months. The reason for this is to have security and peace of mind.

2) Once this is done, i will then take this same amount (or slightly less if this has been a strain at the end of 6 months) and apply it equally split between paying my car off early, and depositing money into my Roth IRA. I will continue this forward, until the car is fully paid off (beyond 2008), and then place this full amount into the Roth. The reason for this is to increase my retirement amount, while also stemming the loss that is the car. This will allow me to retire earlier.

------
I have already cut back on my take-out purchases, & have been keeping much more track of my finances, but that can still be improved. I need to discover an easy way to keep track of expenditures as i make them.

I am not choosing to prepay the mortage, since i am not planning on being in this current place for more then 5 years.

Tags: $, conest, finance
WHERE IS HE?: work
The Mood ala Mode: hungry
Los Music: Dance Hall Crashers