It took me four years to accumulate $28,000 in student loan debt. It took me two and a half years to pay it off.
Then there was this thing Girl Ninja and I wanted to buy called a house. It took us 3 years to save up $100,000 for our down payment, and took about 20 minutes to spend $80,000 of it when we found our abode last summer.
I apparently do pretty well when I’m super motivated and have a short-term goal I’m working towards.
There’s only one problem.
What the crap do I do now that I don’t have any more short-term goals?
I was hell-bent on getting out of debt. I wanted to do nothing more than punch Sallie Mae in her stupid little face.
I was equally determined to build up my down payment and have the flexibility to buy a house when the right house came along.
Everything after those two goals seems significantly less sexy.
- Sure I could start contributing to Baby Ninja’s college fund.
- I could up our retirement contributions to something silly like 30%.
- I could pour more discretionary income in to our taxable investment account.
- I could save to buy a new car that we don’t need?
And here is why those things have zero appeal to me.
- Not convinced baby college fund is worth it.
- No desire to lock up even more funds for 65-year-old me.
- I have no clue what the purpose of my taxable investment account is
- We don’t want a new car
My goals to pay down my debt and save for a house were organic. I didn’t have to think about if I wanted to be debt free, or if I wanted to buy a home.
I KNEW I WANTED THESE THINGS.
For the first time in my adult/financial life, I don’t have any goals festering up from within myself. Everything feels forced or superficial. Perhaps this is why I’m struggling with my short-term investment account?
Have you ever felt like this?
Where you weren’t exactly sure what you wanted to do with your money? Did you just coast until something naturally surfaced? Or did you force a new goal upon yourself?