What are you saving for?

[Jewelfine]

Originally Posted by Ima saver

Jewelfine, did you say your house will be paid off next week?? That is great!! You need to have a mortgage burning party. They use to do that back in the "old days" [Automated by GetSmile]

Yep! and we are only in our late 30's - some hard work and a little as an early inheritance! We don't have any cc debt so it makes is sooooo much easier to save! Next we will work at paying off my husbands car (at 4.8% interest)
Financial Freedom here we come!!!!!

[Ima saver]

That is great!! When I paid off our house, i got my husband a t shirt with a picture of the house on it. It said, "my house and it's paid for" (of course he won't wear it)
I have one car payment and one land payment, then I will be debt free too!

[sakigt]

1) Paying off bills
2) Small vacations throughout the year
3) Pharmacy school

Long Term:
1) Retirement

[PauletteGoddard]

Short term: saving to pay off my vehicle.

Medium term: making energy efficient home improvements
paying off the mortgage

Long term: retirement

[abowers]

My goals are mostly short term.

I'm not making tons of money as a grad assistant, so I need to make sure I'm saving enough to pay all the bills! My goal is to only have SUBSIDIZED loans for grad school. My classes this fall and next spring will eat up my yearly subsidized stafford loan allowance, but I have a summer class I'll have to take next summer. My goal is to have enough saved up so that I don't have to tap into unsubidized loans to pay for the summer course (at 6.8%).

Any money I make above bills and saving for my Summer '07 course will go toward a vacation fund (i.e. from babysitting and from selling bags).

[PrincessPerky]

right now it is all going torward a bigger EF, when that is piled up I will move on..

[tgavin71]

I was saving for a holiday to Western Australia next year. Even the cheapest airfares will cost us $2500 return for the four of us. The problem is that it is to visit my sister who wants us to come over but whenever we are together she takes great delight in putting me and my family down. When I say we are not going to go over for a visit if she is going to act that way she starts to whinge and carry on. So now we are not going and am putting more money aside for our trip to China in 2014. I lvoe my sister its just that I can't stand to be around her.

[LuxLiving]

1) Retirement - husband in 2011/2012ish?
2) Me - Never have to work again fund - he's considerably older and although he'll soon be able to collect SS - if he were to pass away before I turn 60 then it'd be back to the grindstone for me! MUST SAVE $$'S - Make WISE investment decisions!!!
3) Mortgage payoff - no CC - no car payments. We have money set aside in a CD that will provide us enough to replace the two relatively new 2005/2001 vehichles we have now.

~~LuxLivingFrugalis

[Jewelfine]

Wow thats great! It seems to be retirement/financial freedom and then schooling for kids and travel.

Anyone saving for something that may be considered to be "unconventional" - no judgement of course!
MElanie

[Ima saver]

Well, I would like to save and throw a big party!! Would you all come??

[Bookie]

Careful, I'm close enough to just show up at your shindig.

[Gruntina]

Count me in Ima! now I would have to save for some rum and baloons!

[vsjhoc]

I'll come if I can fly there using frequent flyer miles ...

[Ima saver]

Bookie, You would be the life of the party.!! Seriously, I have always wanted to have a big party, with a live band playing and a bartender and lots of food!

[Broken Arrow]

Of course I'd show up.

I mean, let's get real here: Free food!

[megy]

I'm saving for a 14 day trip to Europe that I will be going on in July. I signed up over a year ago so that I would be able to make payments on it . . .

[Bookie]

Originally Posted by Ima saver

Bookie, You would be the life of the party.!! Seriously, I have always wanted to have a big party, with a live band playing and a bartender and lots of food!

If anyone should be able to throw a fun bash, Ima, it would be you, and thanks for the vote of confidence.

Just think of the small town scandal -- Ima and her frugal friends whooping it up out there.

[rob62521]

Gosh, this party could be interesting. If you wanted to be frugal, you could have us all bring a dish. That would save some money on the food. Perhaps have advertisers provide the plates, napkins and such. We could really be creative here!

[PrincessPerky]

heh, sure we can all fly on down with our covered dishes! actually though I did drive 5 hours with food for Thanksgiving once

[rob62521]

Well, princess, what would your bring when you fly down? I have some great potatoes made with carmalized onions and chicken broth and topped with Parmesan cheese.