If this is your first visit, be sure to
check out the FAQ by clicking the
link above. You may have to register
before you can post: click the register link above to proceed. To start viewing messages,
select the forum that you want to visit from the selection below.
Unless you're willing to clamp down really hard, you might consider a part-time job or whatever else you can think of to make some extra cash. And all of it should go into retirement accounts!
You said: "We both make around 40,000." So this is combined? We live on less - 2 adults and 2 grown sons.
You batten down the hatches on all spending and put what you can back thru the 401-K and all else you can scrape together into the Roth. Lose all the extra spending - reevaluate deductibles, cable, cell phones, extra running up and down the road, start doing the majority of your cooking from scratch if you can. READ these forums and blogs, join us in our $20 Challenge. What financial type reading have you done on your own?
Get a simple book, like The Wealthy Barber and start reading. You paid off your house. Continue making those house payments to yourself every month and add them to your roth Iras.
It's been a few day's since I could get back to ya'll. I have read every single thing posted. It all sound's good. The idea about keep making house payments, but to the 401. thats a great idea. I should also go at a higher risk too. We have discussed just living on his income, and putting mine in the 401? But things would be very tight. But we don't need much. I'm used to pinching pennies. I've done it all my life! Don't know how to be any other way. thanks all cameorose
Comment