So it is a new year, and with the new year comes renewed invigoration and many new years resolutions. I’m not usually one for making new years resolutions as I prefer to just continue on with my 5 year plan and to track my progress every month. I find that many people tend to set resolutions, only to fail to achieve them, or worse, they forget about them less than a month after they were made.

Last time I spoke about my 5 year plan it wasn’t terribly specific, but it did contain some major milestone which were:

  1. Finish paying off our mortgage
  2. Increase our online income to replace my wife’s wage and then hopefully my own.

Since I wrote that post about 4 months ago a lot has happened. We have managed to accrue enough money to pay off our mortgage in full (although we are leaving our excess cash in investments) and we have started 6 small niche websites which I hope will be able to each generate at least $50-$100 a month (every month) with minimal upkeep. One of the sites is actually an online store which my wife and I have been putting a lot of time and effort into. It is quite a large investment of both time and money for us, but we both feel that it is worth a shot as this one site alone has the potential to lead us towards financial independence.

This year I plan on furthering my financial independence by expanding both my stock market portfolio as well as making more niche sites and expanding some of the existing ones that I own. The end goal is to be making between $400 – $500 a day. Obviously I am a fair way off that target and at the moment it is more like $10-$15 a day (excluding MPB), but I expect that given enough time and effort that there is no reason why that goal cannot be achieved.

Some of the other things that I want to achieve throughout the year are:

  • Spend more time with Alexis, Nicholas and Ricky
  • Expand Monster Piggy Bank and really let this website reach its full potential
  • Have more fun and do less work

The last one on the list will most likely end up migrating in with spending more time with the family, but also directly compete with my expanding MPB. So only time will tell how well all that turns out.


What are your plans for 2014 and beyond? Are there any projects that you have going on that you would like to share with us, or that you want to collaborate on?