It’s that time of year again – the time when we look ahead to the coming year and think about the goals we'd like to accomplish over the next 12 months. Even if you aren’t the type to make a New Year’s resolution, you should always have goals. How can you expect to improve without goals, right? Today I’m going to focus on personal finance goals for 2012.


Unfortunately, as 2011 winds down and we prepare to celebrate the start of 2012, the economy is still shaky and millions of Americans remain unemployed or underemployed. While this may mean that some personal finance goals are going to be more difficult to achieve than in years past, it also means that they are more important now than ever.


I’d like to get the ball rolling by sharing a few of my personal finance-related goals for 2012:


  • Increase retirement savings to 15 percent of our gross income
  • Boost non-retirement savings until I have a nine-month cushion
  • Pay off my student loans

Now it is your turn, what personal finance goals are you setting for 2012?

What are your personal finance goals for 2012?
Will you be paying off debt in the New Year, boosting your retirement savings or both?