What's your current major financial goal?
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Saving roughly 20% down on a 300-400k home. Got 6 months of salary saved and 50% down on a car saved already, just in case my car dies some day.
Wanna buy a house in a few years, saving up so I can put up a big down payment. Housing prices are ridic in the Boston area
Same here, Leeds UK. Only have 8 grand saved so far and I'm struggling to keep myself from spending what I would save on records each week because I NEED A TREAT BECAUSE I DON'T WANT TO LIVE ANYMORE.
Solid. Your plan sounds great.
How long do you think you have until you pay down your debts?
About 3 years on my student loans if I stick to the payment schedule. I've kept paying them this year despite the COVID forbearance, which is nice because it's all been going to principal. I also occasionally kick more towards it when I have some kind of windfall, like tax return or an extra pay period for the month. Once those are paid off, I'll probably increase my auto loan payments (about 5 years left) and my savings/retirement contribution, and keep a little extra into my discretionary spending.
I wanna pay off my mortgage as soon as possible.
I'm in a good spot with my savings and retirement, so rather than continuing to put the extra money there, I'd rather start cutting into my mortgage since the interest will save me money in the long run (I'm still adding money to my retirement and savings, though)
Only 28k left, which is... a lot, but I should be able to do it in a few years
I'm in a good spot with my savings and retirement, so rather than continuing to put the extra money there, I'd rather start cutting into my mortgage since the interest will save me money in the long run (I'm still adding money to my retirement and savings, though)
Only 28k left, which is... a lot, but I should be able to do it in a few years
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I'm 34 and my wife is 32. Our current goal is to completely pay off our Townhouse by end of next year. Got about $91,050 or so left. So, we will try to put everything we have towards that goal. I very much think we can do it.
If we can do that, that will free up about $6,000 per year that we don't need to keep paying out to the mortgage. That be great when it comes to trying to do nice vacations, but even more important will be huge when we eventually start trying to have kids.
If we can do that, that will free up about $6,000 per year that we don't need to keep paying out to the mortgage. That be great when it comes to trying to do nice vacations, but even more important will be huge when we eventually start trying to have kids.
I racked up a lot of drug debt so getting out of that is my only priority now. It's nearly destroyed my life.
Put the kid thru college and retire into a lifestyle where I can travel a lot of cool places (that have excellent wifi so that I can game on fastest laptop money can buy).
I'd like to be the first live game streamer from either the South Pole or Mt. Everest's summit.
I'm a simple man.
I'd like to be the first live game streamer from either the South Pole or Mt. Everest's summit.
I'm a simple man.
Pay off my credit card debit
Pay off my car
Pay off my Student Loans
Save enough money to put down for a house
The first two are easy as long as I watch spending, I'll probably be saddled with my student loans for years, if not decades to come. Downpayment on a house comes after the car and credit debt is cleared.
Pay off my car
Pay off my Student Loans
Save enough money to put down for a house
The first two are easy as long as I watch spending, I'll probably be saddled with my student loans for years, if not decades to come. Downpayment on a house comes after the car and credit debt is cleared.
max both 401k and roth next year for the first time ever hopefully (35 so better late than never i guess)
I'm getting ready to sell my house, (I'm moving to another one next week) which means I need to hire a bunch of people to fix it up. Painters, people to refinish the floor, a roofer, and someone to just give the whole thing a deep clean before I put it on the market.