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Another 3 months have passed and we are now halfway through 2017. Time again to review my 2017 goals.
I will also be taking a look back at what I accomplished during Q1 2017 and comparing my progress this past quarter against it.
1. Get down to a healthy weight of 180 lbs by the end of 2017
I was 203 lbs at the beginning of 2017 and needed to lose 23lbs in 12 months to meet this goal.
At the end of Q1, I weighed 198 lbs and was only one pound shy from being on track (needed to lose about 6 lbs per quarter or roughly 2 lbs each month).
I just weighed myself this morning and I am back up to 200lbs. So instead of making progress, it appears I have regressed. I suspect it was from my Asia trip back in April. I definitely ate way too much and exercised way too little during my trip. And unfortunately, I continued to eat too much and exercise too little after returning from my trip. In fact, I didn’t get back on my diet until the beginning of June.
In order for me to meet my goal now, I will need to lose 20lbs in 6 months or about 3.5lbs per month. I am back on my diet and will also be joining the gym tomorrow. I was hoping to start jogging outside, but the weather has not been too kind to us lately and I want to avoid having any excuses not to exercise.
2. Read 4 books this year
To help accomplish this goal, I made a list of books that I plan to read in 2017.
I am just about to start reading my third book for the year, which is The Richest Man in Babylon by George S. Clason.
I am still planning to either do a formal review of the books I’ve read or perhaps start a PWDW book club and recommend the books that I found were particularly good. Hope to do this in the coming months.
3. Add 2 investment properties to the portfolio
We are starting to make plans to relocate to Dallas within the next couple of years. And because of this, I am also looking for the investment properties in Dallas.
As much as my wife and I love New York City, it is just starting to get too hectic and crowded for us. Now that we are parents, we are looking for a quieter place to live and a bigger place where our son (and future kids) can play.
The cost of living in Dallas is much lower than NYC and the quality of life in Dallas is supposed to be much better. There is also the added benefit of not having to pay any state income tax.
While looking into real estate investing in Dallas, I was fortunate enough to stumble upon a great site called BiggerPockets. The site provides a wealth of resources and information on real estate investing. The site also helps you connect with like-minded folks from various backgrounds and aspects in the real estate industry. I will definitely be continuing to utilize the BiggerPockets as a reference and hope to build relationships with the people in the online community.
4. Grow Penny Wise Dollar Wiser
Personal finance is a topic I am extremely passionate about. I am always trying to learn different methods and better ways to improve my financial situation.
I started this blog so I can share my personal experiences and track my progress towards financial independence. To keep my interest and hold myself accountable, I know it is not just a matter of writing great content but also focusing on the blog’s success. That is precisely why I set the goal of growing Penny Wise Dollar Wiser at the beginning of the year.
It’s been 5 months since I officially launched this blog and my main focus has been on having a consistent posting schedule (twice a week – Sundays and Wednesdays) and coming up with good and interesting content.
Now that I have gotten into a good routine and into a more steady state, I want to start shifting my attention towards my goal of growing my blog and increasing traffic. I am also looking for ways to monetize the site since we may be a single-income family soon.
To ensure that I meet my goal, I will be attending FinCon 2017 later this year. FinCon is an annual financial conference and expo for personal finance bloggers. I am super excited to surround myself with like-minded people and hoping to learn from everyone.
Coincidentally, FinCon 2017 is in Dallas this year. So, I will most likely stay a couple extra days to look for investment properties.
I still have a ways to go, but hoping to meet all of my goals for this year.
Are you continuing to track your goals? How are you doing so far?