Wednesday, December 12, 2007

Reasons to stay motivated

I was sitting at work thinking of my reasons to stay motivated to get out of debt. I think for right now I'm going to focus on the next year- Year 2008!!! lol We're hoping we can have the debt paid down enough and save enough money for a decent downpayment on a house. I know this isn't the greatest plan trading apartment rent of $525/month for a mortgage payment while we're trying to pay down debt, but we want our kids to know the feeling of growing up in a house where at least they'd have their own bedrooms, instead of a 2 bedroom cramped apartment where we can't even think about getting a pet =)

Goals to Work Towards
  1. Pay off debt by Dec. 31st, 2009. I refuse to go into 2010 with this stupid debt =D
  2. Have a fully funded emergency fund. (at least $5000)
  3. Save for closing costs and a downpayment on a house (I would like at least $10k, that's not gonna be 20% but it's a whole lot more than we were going to do before we got edjamacated =D)
  4. Send DH through college.
  5. Save more for retirement.

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