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TraderStav
May 19, 2006

It feels like I was standing my entire life and I just sat down

Slow Motion posted:

Hey everyone, thanks for the encouragement. The wife and I are doing well.

Finances are strong:
$25k Cash emergency fund
$140k Retirement accounts

($0) Credit card debt
($8k) Car loan (KBB private party value $29k on this and the outright owned car)
($510k) Mortgage (home value $560k)

Lifestyle creep has been largely kept in check. We currently save around $2k cash and $2k retirement each month.

Those of you who have said this is just the beginning are so very correct. Next on finance goals are:
- Prepare to have a kid (starting with vasectomy reversal)
- Pay down the house and refinance into a monthly mortgage payment we could afford on more moderate income
- Save for an MBA

If there's any interest I'd love to get some of your input on my plan to achieve these. Some old-school budgeting and variance analysis would be fun.


YEEESSSSSSSSSSSSS well done. Congratulations on the success, you've earned it.

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