On Our own
Lovin' The Homestead
- Joined
- Jan 21, 2009
- Messages
- 420
- Reaction score
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- Points
- 83
OK we had the scare of losing DHs pay. And, it was a good thing because we only lost one week and it made things pretty clear. Except for a few things I want some feedback on:
Our very first focus is to pay off debt. The less debt the less we need to manage. We got rid of the credit card but still are finishing paying of a car loan. We think we'll be able to pay that off by April.
So, do we keep focusing on paying down debt (there is only the mortgages after that.)
Or do we save cash reserves in case of job loss?
Or do we buy that generator we've been talking about?
Or save for the other car we need as mine is on life support? And I need it to work.
We agree that we are not going to go into debt for any of these things, we just can't decide which to aim for first. Ideas??
Our very first focus is to pay off debt. The less debt the less we need to manage. We got rid of the credit card but still are finishing paying of a car loan. We think we'll be able to pay that off by April.
So, do we keep focusing on paying down debt (there is only the mortgages after that.)
Or do we save cash reserves in case of job loss?
Or do we buy that generator we've been talking about?
Or save for the other car we need as mine is on life support? And I need it to work.
We agree that we are not going to go into debt for any of these things, we just can't decide which to aim for first. Ideas??