My current goals are to:
*Max out our IRAs
*Save $5k/year cash (Car Purchase/House Maintenance Fund)
Well, I guess that is my plan for a goal of never borrowing money again.
We're on a 2-year timeline to get as close to this goal as possible. If we can do this by the time our little one starts elementary school in 2010, then we will feel confident in foregoing a second income indefinitely.
At that point, our goals will begin to revolve around early retirement.
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