Monday, January 5, 2009

Financial Goals for 2009

Almost a year ago, we started our path towards financial freedom with Dave Ramsey's Total Money Makeover. We've been steadily working the "Baby Steps" and are coming closer to having all our debts paid off except for the mortgage!

We sat down and put together our financial goals for 2009. With the economy in the state it currently is, we feel more than ever the path we've taken has been a wise one.

Financial Goals for 2009

~ Pay off our HELOC, thus completing Baby Step 2!

~ Start Baby Step 3 (Save 3 to 6 months of expenses)

~ Complete Baby Step 3

~ Generate additional revenue streams

~ Educate ourselves about investments in anticipation of Baby Steps 4 & 5 (Retirement & College Savings)

~ Begin paying extra on our mortgage (Baby Step 6)

Stay tuned for updates!

For more information on the Total Money Makeover Plan, visit Dave Ramsey's website.

To meet others working the plan, visit Living Like No One Else, a free forum devoted to the Total Money Makeover Plan.


Still Learning said...

wow, you guys got it together. I used to be in that place, now Dave Ramsey would have a heart attack at my finances, ha ha. I am so happy for you. It feels so nice doesn't it?

Rona's Home Page said...

I've heard and read alot about Dave Ramsey's financial programs. It's great to hear that it's working for you.
I'm working on getting our medical bills paid.