Money: What goals are important for an extraordinary life?

When it comes to money goals, there are lots of potential sources of inspiration. There are shelves full of books promising to teach you all you need to know about money in 7 steps or offering 12 steps to a better financial future. One of the better lists came from Scott Adams in the form of Dilbert's Unified Theory of everything financial. Another influence on us was the curiously straight-talking debt guru Dave Ramsey who has a list of "Baby Steps" to getting your finances in order.

So with many revisions and lots of conversation, the Robots of the Robot Co-op have come up with six money goals that we think we can recommend to everyone. As usual, we'd love to hear suggestions for additions or revisions. Here they are:

The 43 Things Money challenge
1. track everything I spend for a week
2. save $1,000 in an emergency fund
3. pay off my credit cards
4. live within 80% of my income
5. save 6 months of living expenses
6. make a plan for financial independence

What do you think? Next up? Career & Work - we need suggestions!

Comments

[hubs]

avoid all debt except for business, education, & real estate.

gamble (both legally and illegally)

give a portion of your fortunes to charity.

[DEBTective]

Thanks for spreading the word about Dave Ramsey and debt-freedom, baby! The sooner people deep-six their debt, the more dough they'll have.

[RealityBytes]

I'm there. Now I need to accumulate more assets. How do I do that?

[JanellEDWARDS35]

I opine that to receive the loans from creditors you should have a great reason. Nevertheless, one time I have got a small business loan, just because I wanted to buy a house.

[vibram five fingers]

There are shelves full of books promising to teach you all you need to know about money in 7 steps or offering 12 steps to a better financial future.