the richest man in atherstone

A little late getting the report in This is because nothing much has changed in terms of my goals for 2008 since April's tri-annual review.

Below you can see the 6 goals I set myself for the year and their current status:

1. ON TARGET Save 10% of my salary - This goal is very much on target. I've been saving a little more than 10% of my salary each month and have budgeted for at least 10% to be saved each month for the rest of the year.
2. COMPLETE Review utility bills - I reviewed our current expenditures and ascertained that I could probably reduce our mortgage, gas and electricity bills. Further investigation into the mortgage market revealed that there really wasn't a better deal out there in the current climate. I switched my gas and electric provider to get the cheapest deal, however they increased their tariff not long after (my own fault for not researching it adequately). Although the results weren't exactly what I had in mind, this goal can be ticked off as complete.
3. COMPLETE Set up and run my own company - At the beginning of February, I registered as self-employed.
4. COMPLETE Reduce our mortgage capital to below £60'000 - With the help of an inheritance plus regular overpayments, our mortgage now stands at around £56,500 - a far cry from £65'000 worth of capital we borrowed in April 2007!
5. INCOMPLETE Complete steps 16 to 20 of my doubling plan - I'm currently on Step 19 and will hopefully be on Step 20 (or thereabouts) by the end of the month. One of my biggest earners has dried up, so I am slightly concerned that I may under-shoot the target without this source of income, however I've been working on a few things that I hope will become profitable before Christmas.
6. ON TARGET Donate 1% of my salary to charity - I have budgeted for this goal and so should have no trouble making my annual donation to charity.

So, just one goal left to complete. The final few months of the year will be increasing my sources and amount of income.