tag:blogger.com,1999:blog-4921609404771984660.post2325030164154513955..comments2024-02-14T00:56:27.534-08:00Comments on Homeowner by 30!: Changing my Savings GoalsJessica Fletcher-Fierrohttp://www.blogger.com/profile/04721145697646712842noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-4921609404771984660.post-23134357147562556172012-02-12T22:45:50.630-08:002012-02-12T22:45:50.630-08:00It is common to receive advice to put money into s...It is common to receive advice to put money into savings, but many people do not know where to go from there. It is important the money you are saving have a specific purpose, because then you can find the best way to make that money grow and to begin building wealth. Before you become focused on saving money, you should get out of debt, since the interest rates on credit cards, and most other loans and higher than on typical savings. Setting up a support system that focuses on your financial goals will help you become better at saving money.sell structured settlementhttp://settlement-cash-structured-for-flow.com/noreply@blogger.comtag:blogger.com,1999:blog-4921609404771984660.post-40991334917729782862012-02-02T21:53:53.329-08:002012-02-02T21:53:53.329-08:00TeacHer, I totally thought of you when I was chang...TeacHer, I totally thought of you when I was changing my goals! I used to think it was weird how often you changed your mind (no offense!) when I was in debt payoff mode, but now I'm totally in the same boat as you!Jessica Fletcher-Fierrohttps://www.blogger.com/profile/04721145697646712842noreply@blogger.comtag:blogger.com,1999:blog-4921609404771984660.post-62258527012788605822012-02-02T18:09:28.030-08:002012-02-02T18:09:28.030-08:00Sounds reasonable to me. Like TeacHer said, you ca...Sounds reasonable to me. Like TeacHer said, you can always use your Roth IRA as a backup fund - although if that's the case I'd probably invest more conservatively than I would otherwise. I have a pretty big emergency fund right now, but all that cash will be 80% wiped out once I have to pay for grad school tuition.Well Heeled Bloghttp://wellheeledblog.comnoreply@blogger.comtag:blogger.com,1999:blog-4921609404771984660.post-76689293530690179732012-02-02T14:47:22.190-08:002012-02-02T14:47:22.190-08:00I did. Not the items. Just the order.I did. Not the items. Just the order.Joliehttps://www.blogger.com/profile/05031816661748376856noreply@blogger.comtag:blogger.com,1999:blog-4921609404771984660.post-41982794807563906492012-02-02T14:38:45.186-08:002012-02-02T14:38:45.186-08:00I'm with you! I really don't see the need ...I'm with you! I really don't see the need to have an emergency fund larger than 3 months (for me, that's $5,000), especially since the Roth IRA is sort of like a back-up emergency fund. <br /><br />And my savings goals shifted a little bit (shocker). I decided that I'm prioritizing maxing out my Roth over maxing out my e-fund. I made this decision for a number of reasons, but it all goes back to the idea that I can get the money if I REALLY need it.<br /><br />That said, I'm still trying to build up my cash savings. So far, it's been an uphill battle, with my asthmatic cat ($600 and counting this month) and an aging car ($400 this month). But one of my tutoring programs is starting soon, so hopefully that will help :/TeacHerhttps://www.blogger.com/profile/08641784616684869834noreply@blogger.com