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Your one biggest goal of 2020

jetsfan2013
Frequent Contributor

Your one biggest goal of 2020

I know we are 52 days into the year already, however curious to hear what is/was your one primary personal finance goal for 2020, and how are you doing progressing towards it thus far. 

 

For me - purchasing a new home (completed late January), and now paying down revolving debt to 15-20% overall before the holidays.

In the garden until Summer 2021
Message 1 of 23
22 REPLIES 22
Anonymous
Not applicable

Re: Your one biggest goal of 2020

Pay off my revolving balances and stay in the garden. 

I have paid down from $4223 12/30 to $2305 and my last app was in October so I'm doing fine. 👍 

Message 2 of 23
KLEXH25
Valued Contributor

Re: Your one biggest goal of 2020

My biggest goal to is to garden until my youngest account is 1 year (minimum) and get to under 5/24 for a Chase card. The Chase card is not a definite, but I'll be 4/24 in September and 3/24 in October, so I wouldn't have to wait too much longer after my garden goal. PLUS, all of my auto inquiries will age out in November, so I should be seeing some really nice scores by then.



Message 3 of 23
tcbofade
Super Contributor

Re: Your one biggest goal of 2020

I was hoping for a quieter year with no large purchases...  and we've already blown that.  Smiley Sad

 

January was AWESOME in debt reduction, but one large purchase will make February a net zero me thinks, and March isn't looking good either.   DD#2 is needing some help with wheels...

 

I'd just be happy to see our debt go DOWN EVERY month...

08/01/21 Fico 8: EX 725, EQ 748, TU 742.
07/03/21 Fico 9: EX 734, EQ 737, TU No idea.

Zero percent financing is where the devil lives...
Message 4 of 23
Ficoproblems247
Valued Contributor

Re: Your one biggest goal of 2020

Going to go for a new vehicle at some point. Holding myself to a minimum of a 25% down payment before I pull the trigger but I've been saving and am already getting close. Congrats on closing on a home, OP! That's a heck of a financial accomplishment! 


FICO 8: July ‘21 EX 748 EQ 746 TU 735
Message 5 of 23
M_Smart007
Epic Contributor

Re: Your one biggest goal of 2020

To retire and move into My permanent Vacation Log Home.

Message 6 of 23
donkort
Valued Contributor

Re: Your one biggest goal of 2020

I hope to get all my FICOs into the 800s.

 

 

FICO 8: EQ 800; EX 797; TU 793
Message 7 of 23
Mv350
Valued Contributor

Re: Your one biggest goal of 2020

I have 2 remaining negatives due to fall off at the end of the year. So my biggest goal this year is to have a clean report finally.

Message 8 of 23
dragontears
Valued Contributor

Re: Your one biggest goal of 2020

I recently decided that my goal for this year is to obtain 3 new mortgages 

Scores hover around 800
Haven't been AZEO in over a year
Rome was not built in a day, neither is a good credit profile
Message 9 of 23
donkort
Valued Contributor

Re: Your one biggest goal of 2020

If I can, somehow, come up with $65,000, my FICOs would all be in the 820's, at least.  And I would be nearing 900 in the auto and credit-card enhanced scores.   As it stands now, my highest is Experian's auto-enhanced score, which is at 846.

FICO 8: EQ 800; EX 797; TU 793
Message 10 of 23
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