Hi I'm new to this site and forums. A buddy of mine told me about ER a few years ago but just like my own retirement plans I put it off for much too long.
I am currently married with one child and one on the way (any day now). We have a house that we purchased in 2010. we both have 401ks with our jobs about 35K in total. We have about 10k saved but no way near the amount we would need for emergencies.
I personally have over 65K in debt between student loans (from grad school) and CC's. We currently net 120K per year and our living expenses have varied between 90 to 110 per year.
Being that there are so many areas that I need to address, I realize that nothing is too impossible and I'm looking for advice, threads and any links on how I can ramp up plans for retirement, start college planning for my two little ones and any ways that I could invest.
We are looking to relocate from north jersey to somewhere in the south for a potential for lower cost of living. However we also realize that we need to further game plan out personal finances or we will wind up in the same position in our new locations. Your guidance is greatly appreciated!!!
I am currently married with one child and one on the way (any day now). We have a house that we purchased in 2010. we both have 401ks with our jobs about 35K in total. We have about 10k saved but no way near the amount we would need for emergencies.
I personally have over 65K in debt between student loans (from grad school) and CC's. We currently net 120K per year and our living expenses have varied between 90 to 110 per year.
Being that there are so many areas that I need to address, I realize that nothing is too impossible and I'm looking for advice, threads and any links on how I can ramp up plans for retirement, start college planning for my two little ones and any ways that I could invest.
We are looking to relocate from north jersey to somewhere in the south for a potential for lower cost of living. However we also realize that we need to further game plan out personal finances or we will wind up in the same position in our new locations. Your guidance is greatly appreciated!!!