Quote:
Originally Posted by Ima saver
I think it depends on your age.
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I was going to say the same thing. I think, in general, the older members are more set than the younger members. I'm 43 and certainly in way better shape financially than I was 10 or 20 years ago. In 1994, I was one year out of school, had $102,000 in student loans and had just bought a house with a $128,000 mortgage. We also still had a car loan. Now, the student loans are gone, the mortgage is down to about $109,000 (we took a HEL along the way) and the cars are paid for. When we got married in 1992, we had about $6,000 to our names, had milk crates for book shelves and hand-me-down furniture. Now, we have a $400,000 portfolio plus nearly $200,000 in home equity, a nicely (but inexpensively) furnished home and are able to enjoy some of the better things in life.
It takes time to get there. Keep plugging along and have patience and read all the great advice here from folks who have been there/done that.