What are your money goals?

**Armywife** · 03-22-2005, 09:18 AM

Re: What are your money goals?

My goals:

1K in each child savings account
2K in emergency savings accts
Max out 2005 contributions for my Roth

(That's about all I can afford this year LOL)

**PrincessPerky** · 03-22-2005, 10:01 AM

Re: What are your money goals?

Balance budget
Pay off CC
Save for vacation in DC (DS is bugging me to go)
Get out from under the car and mortgage.

**michellelab** · 03-22-2005, 11:46 AM

Re: What are your money goals?

To continue to send extra money each month toward mortgage principle.
To save the money and pay cash for a newer truck for hubby by September (probably wishful thinking considering the truck we want, may have to save for a few more months)
Save the money for my October Florida beach vacation (a must have)
To not use a credit card for anything, at all!!
We finally got completely credit card debt free last month, and gosh it feels so nice, I don't ever want to go back.

**Momof3grls** · 03-22-2005, 11:53 AM

Re: What are your money goals?

Mine for this year are pay off my house because of high intererst rate. ANd then pay off small balance on cc which is at 0% but needs to be paid off. And after that my goal is to buy a little newer car.

**jacquelynrose** · 03-22-2005, 11:55 AM

Re: What are your money goals?

Right now my primary focus is a Car and I have a Short Term Savings Account for that with a Credit Union. Then after I will start my ING account for My Long Term Savings Goals for a down payment on a house. I have more Goals but these are my major ones.

Jacquelyn

**mjrube94** · 03-22-2005, 12:36 PM

Re: What are your money goals?

Short-Term: Pay off balance of home equity line by April 2006. Pay off car loan by December 2006.

Long-Term: Pay off mortgage, save for kids' college, and retirement.

I'm confident that I'll reach them (eventually). I'm less confident that I'll meet them by the dates I laid out...

**miclason** · 03-22-2005, 12:58 PM

Re: What are your money goals?

Debt-free in 2007 - long term
Bring all outstanding accounts up to date - short term
Pay off 1 credit card - mid term

They look deceptively easy!! But it will be tough!!

**DivaJen** · 03-22-2005, 02:09 PM

Re: What are your money goals?

Short term - Build savings back up to where DH and I feel comfortable (we have a number in mind and are about $2500 away). After that's done, save money for vacations and home improvements.

Long-term - Pay off house in 18 or fewer years, be able to retire once DD is through with college (she's five now), and be able to pay for DD's college tuition.

**PRICEPLUS** · 03-22-2005, 06:19 PM

Re: What are your money goals?

Short Term Money Goals:

1) Emergency fund of between 8 and 10 thousand dollars.

2) Replacement fund major household appliances.

3) Save up for car replacement.

Long Term Goals:

1) Save up for the kids college fund.

2) Save enough for retirement. (I don't think SS will be there for me)

I guess I have a bunch of goals but this is the short list.

**singinjeannie** · 03-23-2005, 06:44 AM

Re: What are your money goals?

Pay off debt. Where we are now, it'll take about 5 years to get out from under CC debt. We owe about $50,000 in debt outside of our home.
Van: $10,500
CC#1: $ 3,250
CC#2: $16,800
LOC: $13,200
Mortgage: $126,000
Business CC: $6,500

Ugly, isn't it. We only bring home about $ 42,718.00 after taxes, health insurance, etc.
Getting out from under this debt seems nearly impossible. Sigh, sigh, sigh.

-Jean

**kashi** · 03-23-2005, 06:48 AM

Re: What are your money goals?

Short Term:
-Fully pay off 0% interest credit card debt by June 2005
-$2000 into savings in 2005
-$2500 into Roth IRA in 2005
-$450 Christmas gift fund for 2005
-not let my car insurance payments drag on for six months
-stop using credit cards!

Long Term:
-pay off one college loan in 2006
-pay off other college loan by 2009
-save for a car
-learn about homebuying
-have a large emergency fund
-put allowed amount into Roth IRA every year

**orquidea** · 03-24-2005, 10:36 AM

Re: What are your money goals?

My money goals:

SHORT TERM
-Save for overseas trip to visit inlaws in May (just paid $2500 for airfare alone-yikes!)
-Continue contributing to 401K up to employer match and start adding to my initial investment in my Roth IRA
-Stop checking (hourly!) the realtime quotes for the stocks making up the majority of my mutual fund holding.
-Stop spending so much money on food!

MEDIUM TERM
-Save for downpayment for a house (aiming for as close to 20% as possible)
-Put money aside for moving expenses for moving to Texas in a year or two (I hear the housing market in Houston is very reasonable).

LONG TERM
-Buy a house
-Pay down my student loans. I'll be paying on these forever, so I generally see my income as my salary less my student loan payment! It's all worth it though

Luckily, I was able to consolidate at a low interest rate.

What are your money goals?