Now that I am debt free and I have my 20,000 dollars saved in my emergency fund, I need to decide what my goals for 2006-2007 shall be. I think that I will now focus on my retirement savings, college savings for my children, savings for a future home purchase, and automobile replacement savings. Savings, savings, savings!!! I want to “save” the following before April 15, 2007 (tax day!):
2 Fully Funded Roth IRA’s:
8,000 dollars
1 Fully Funded ESA:
2,000 dollars
Home Purchase Savings:
3,000 dollars
Automobile Savings:
3,000 dollars
Total Savings:
16,000 dollars