Investing Money Tips

[natagu23]

Originally Posted by sherck

Goals for your money, in order:

1. Get a little emergency fund of $1,000.
2. Cut up the credit cards and get out of ALL debt except for the mortgage.
3. Bulk up the emergency fund to 3-6 months of your monthly expenses.
4. Start putting 15% of gross income in retirement vehicles.
5. Put money away for kids college.
6. Pay off your house early.
7. Accumlate vast wealth through "time in the market" instead of "timing the market".

Where are you in the process?

Cheers,

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I've always had an emergency fund going back to my early working days and in college, so thats scratched off the list.

Right now im trying to bang away at my student loans.

Honestly, I dont have any kids yet so im not really worried about college funds right now.

Im mostly interested in trying to invest money in stocks and mutual funds and build up my savings account.