Who invented money? Why can't we all go back to bartering with salt and paprika? I could pay my car off quick, because HEB had a nice salt sale going on this week.
I, being the financial planner of this marriage, have decided that we need to:
Now don't get me wrong. I'm not money hungry; after all, money is the root of all evil. But money can be the root of a pretty pear tree too. A cluster of pears being a home, another pear a car, one each for private tuition for the kids, and a trunk of retirement so I can devote all my time taking care of my crazy mom when she starts to REALLY go, since it is apparent that I have been nominated for the job (thanks, Taryn!).
But we're in a pretty good situation to start off in. We only have $8,000 in debt (the car), $1,000 in an emergency fund, and $2,000 in a Roth IRA, not counting his military retirement and a couple other employer retirement accounts). I figured up last night that if we save $300 a month until this car is paid off (48 months), we would have a nice chunk of change ($14,400) to pay for a new car. Thus not incurring any more debt. Now, if we could double that, we'd have a new car and a sizable down payment for a house. Then we could really start focusing on retirement and tuition and stuff.
Ah, the dreams I have. Meanwhile, I'm freaking out every time James spends $5.47 at Wendy's!! "James! We have lunch meat!! There goes our Honda Civic!! Geez!!" Easy, girl.
I, being the financial planner of this marriage, have decided that we need to:
- Pay off our debts.
- Start an emergency fund.
- Load our retirement funds.
- Buy a new car.
- Buy a house.
Now don't get me wrong. I'm not money hungry; after all, money is the root of all evil. But money can be the root of a pretty pear tree too. A cluster of pears being a home, another pear a car, one each for private tuition for the kids, and a trunk of retirement so I can devote all my time taking care of my crazy mom when she starts to REALLY go, since it is apparent that I have been nominated for the job (thanks, Taryn!).
But we're in a pretty good situation to start off in. We only have $8,000 in debt (the car), $1,000 in an emergency fund, and $2,000 in a Roth IRA, not counting his military retirement and a couple other employer retirement accounts). I figured up last night that if we save $300 a month until this car is paid off (48 months), we would have a nice chunk of change ($14,400) to pay for a new car. Thus not incurring any more debt. Now, if we could double that, we'd have a new car and a sizable down payment for a house. Then we could really start focusing on retirement and tuition and stuff.
Ah, the dreams I have. Meanwhile, I'm freaking out every time James spends $5.47 at Wendy's!! "James! We have lunch meat!! There goes our Honda Civic!! Geez!!" Easy, girl.
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