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Reply to "What Do You Financially Pritoritize? "
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[quote=Anonymous][u]Present day - [/u] 1. No debts (apart from mortgage and car payments) 2. Emergency fund - 3 months worth 3. Life Insurance. More than adequate insurance. No one will ever need to work for the rest of our lives to make ends meet, pay for college, pay for retirement - kind of insurance. Term Life. 4. Disability and Long Term Disability insurance 5. All kinds of Homeowners and car insurance [u]Future[/u] 6. Retirement (aggressive savers - we live very well but below our means. We live in the suburbs - in a house bought 18 yrs ago at the bottom of the housing market - so we have a ton of equity, very low mortgage payment and the value of the house has doubled - even when the housing bubble burst) 7. Kids college - saved enough to bankroll medical school for both kids- they will have no student loans if we can help it. Kids go to public schools currently. [/quote]
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