- Goal 1: "I earn $75,000 in 2012". This goal was about income before taxes (the tax rate for high income earners is about 30 percent in Norway). I ended up earning $96,412 before taxes and $72,023 after taxes. The success factor here was working overtime and receiving tax money from last year back from the government. Grade A.
- Goal 2: "I save more than 60 percent of my net income in 2012." I ended up saving 63,2 percent of my net income. The savings rate could have been even higher if had not bought a car last year. Grade B.
- Goal 3: " I have a net worth of more than $30,000 by July 2012." I reached $30,000 in March, and in July my net worth was $34,375. Grade A.
- Goal 4: "I have a net worth of more than $50,000 by December 2012." I reached $50,000 in October and also passed $60,000 before the year ended. Grade A.
I accomplished 4 out of 4 goals, and ended up with the grades A, B, A, A. Earnings were great, and my net worth could have been even higher if I had kept the expenses down. I will soon post my financial goals for 2013.