Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Try Dave Ramsey Financial Peace University. You guys are close to being on the same page, you're just off a bit on the mechanics. Dave would have you start with $1000 in emergency savings, so you have a little cash cushion. And Dave is big on the husband and wife being a team thing.

How much is left on the student loans?

Except Dave Ramsey says you need to hoard cash when a baby is on the way and stop paying debt

Does he? What's the reasoning?
Student loans 30,000

Because you can have unexpected costs and expenses. It's less than a year where you save cash then after mom and baby are home you can use that cash for debt.

You don't need a financial planner, you need an agreement with DH about how much money to spend paying down debt. His desire to aggressively pay down debt is admirable, and your desire to have a cushion is reasonable. I think you should keep at least 1-2 months in reserves at a minimum just to avoid calamity, before putting extra towards debt. After that, it's debatable whether hoarding cash matters. In a pinch, you can cash in some savings or use credit or a HELOC -- I tend to be aggressive like your DH.