To track the development of the financial strategies that I’ve set to achieve my short term goals, I created a simple horizontal bar graph for each of these goals. You’ll see it in action in the right sidebar. I took a screenshot and magnified the portion. Just in case I change my blog template in the future aleast I still have image refer to.

The project status bars are coded as follows:

Debt. On top of my priority list. I commit myself to get out of this very expensive debt. $9,978.90 is the total debt that I want to be cleared. In 6 months I want to be debt-free person.

EMF. This is Equity Mutual Fund. I must have atleast $2,500 dollar before the end of 2008 and will continue to add regularly. This fund is designed for a long term investment.

EF. This stands for Emergency Fund. Most financial planner suggest to save emergency fund 6 times the monthly expenses and I strongly agree to their advice. This fund will be used only for emergency purposes.

EDU. Stands for Educational Fund for my son. Oncemy debt is settled I’m going to set aside fix amount for Lestat’s educational expenditures.

OE. Online Earning. I’m blogging for a part time basis only but I know that by writing online you can still earn from it. The target is to have atleast $500 per month online earning.

Every month I’m going to update the bar graph. This will help me visualize where am I based on my short term goals. By the end of 2008, all the five bars should be 100% accomplished.