I did want want to break down my 2006 goals in a little more detail. I am planning the following savings per month:
The first half of the year will be woeful for savings. From January - May I will be paying down the balance of some uuuggly consumer debt- something we will touch on in more detail once we review January at the end of the month. Come the end of June I will also max out my EI and CPP contributions. August looks high due to my annual bonus.
You will note (and I am painfully aware) that this plan shows ~20K in savings while my goal for 2006 was clearly stated as $10K in contributions to my non-registered account. The other 10K will be spent on/used towards:
- New home needs new furniture - though I would be much more excited about investing this money, I am told it is culturally normative to have some of this.
- Both my brothers are getting married this year. One lives across the country, one lives across the Atlantic. What gives, eh?
- Though its hard to imagine presently, I'm sure the dog days of Southern Ontario summer will drive even me to get an air conditioner come July.
- 2006 marks my 10 year wedding anniversary.