This was a post I was already thinking of doing and after reading the post by @theycallmedan in partnership with @leofinance, @aliento, @hispapro and @tripode I decided that I really had to do it not only for the prize but for myself oblige me to have to set goals for this year and make me struggle to achieve them.
Right now I am not making any type of investment, as my focus is to be able to pay two bank loans that I was "obliged" to make (one to buy my house and the other to be able to change cars since my old car was have several problems and I need it to work).
Many must ask themselves why I don't make investments in order to achieve a return that allows me to make amortizations with the profit?
This is due to a philosophy that I have that is;
We should only invest when we no longer have debts or invest in something that has a fixed return greater than the interest on loans.
As I currently found no investment that gives me fixed earnings higher than the interest rates on my loans, I chose to focus on paying off these loans and thus in the future being able to have greater financial freedom to be able to make investments.
Bearing this in mind, my objectives for the two loans are as follows:
| 2020 | 2021 | Dif | |
|---|---|---|---|
| Loan 1 | 143.124,50€ | 135.752,1€ | -7.372.4€ |
| Loan 2 | 8.796,11€ | 6.000€ | -2.786,11€ |
In total I want to repay 10,158.51€ of the loans in order to reduce the payment time and thereby lower the interest I have to pay.
In terms of goals in the HIVE/LEO community I have two goals (one financial and one non-financial).
The non-financial aspect is related to the fact that I want to increase the number of people who follow me and with this more people can see my posts and I have more feedback on them.
For this purpose I would like in 2021 to at least increase my followers from 10 to 30.
For the financial goal for 2021 in our community I have defined the following
| 2020 | 2021 | Process | |
|---|---|---|---|
| HIVE | 345,957 | 1.000 | Content creation, curation and conversion from HBD to HIVE |
| LEO | 38,528 | 100 | Content creation, curation and delegation for @leo.voter |
These are the goals that I defined for me, maybe my HIVE / LEO goals may be pessimistic but as I only joined this community in December I only have a month of experience to try to define the goals and taking into account the result I had in this but it seems to me attainable goals but with a lot of work.