I'm hoping to make this post as personal encouragement. This is what I want to achieve. I will be using this post as a benchmark in reference to updated posts.
I hope to give quarterly updates as to where I am. There should be a few good posts throughout the year on this sub.
2019 has been a great year for me. It was slow, but without it I wouldn't be able to accomplish my 2020 goals. I have a good groundwork established for what I want to achieve for the following year.
The first goal is to make NZD$20,000/quarter. It sounds insane when I mention it like that. In Q4 2019 I made a gross income of around $15,000. I don't see why it wouldn't be impossible to scale up and keep that trend going. I am currently reinvesting back into my business, doing the Amazon and not drawing a profit, yet. All up for 2020 I want to make NZD$80,000 before tax. I'm astonished at such a goal but I feel it's possible. There are plenty of opportunities around, it's just a matter of grabbing them.
The second goal is to get enough for a house. I am a saver and my cost of living is low. Couple that with a nice $80,000 income I would ideally like to try save an ambitious $50,000 after-tax. A sizeable portion of this would be for a house. Worst case scenario would be to have at least 20% of a deposit but I would rather have a healthy buffer there just in case anything happens with the market. I would also like this to be my first house out of a glorious portfolio of investments in the long-term.
The third goal is to grow my YouTube channel to 5,000 subscribers. I established the channel in December and I'm currently at 14 subscribers & 5 videos uploaded. I believe that if I stay persistent, improve the quality of the videos and really push myself I can achieve a moderate 5,000 subscribers. Though I expect this will take its time. But I am looking forward to the uphill battle.
The fourth goal is to finally go on a trip. I'd like to get out a bit more and explore the place. Where is not yet decided. I have a few questionable locations in my mind (look where I post the most). I would like to see some Asia, America or the South Island. I don't have a date set for when I would go. I don't even feel ready yet for a holiday as I feel I'm in a good mood with my work but at the same time I would like to see more.
Next update will be on March 31!
As long as the cats aren't lions that sounds like fun.