- August 12, 2008 at 1:39 pm #261773
If and when we ever get out of debt I would like to be financially
stable for retirement.
I would like to have our credit cards and hospital bills and
everything like that paid off in 2 years.
I am 35 now, so after all that stuff is paid off. In 2 years we want
to move to a better school district for the kids, which will be more
money for a house. The house I currently live in we paid under $80k
for and where we want to move, houses are going for double that. We
have checked into buying rehabs in the area and they cost the same
price as the house I have right now. A finished ready to go house in
St. Charles MO is anywhere from 170k – 250k or higher. It’s ridiculous.
From there assuming everything is still paid off, we would put the
extra money to the house payments and hopefully have the house paid
off in 15 years. That would put me around the age of 50. From 50 years
old I would be able to start saving, whatever money was going to the
house payment each month, minus any unexpected things and putting that
Meanwhile, When I get a job in two weeks, I am going to start setting
back $100.00 per month. This will be the emergency fund.
I Also make sure there are fun things for the kids to do at least
every 2-3 weeks, like going to the park and we usually visit different
parks so that we dont get bored at one. We go to the zoo and other
places that are free or less than $5 per person to get in.
Financial Stability and happiness for my family is my ULTIMATE GOALS!
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