Comments on: Downsizing, Becoming Debt-Free And Saving For Retirement

By: Retirement Savings Options: 401(k) Matched, Roth IRA Maxed, Now What? | Frugal Dad

Wed, 13 May 2009 10:02:08 +0000

[...] and car payments, you can probably afford to kick in another few thousand dollars each year to saving for retirement. Assuming you are eligible to contribute to a Roth IRA, it probably makes sense to turn your [...]

By: Derek @ NüHabits

Derek @ NüHabits — Sat, 14 Mar 2009 02:23:28 +0000

I couldn't swing #1 on my own, but luckily I married a girl who could. I haven't found the need to employ #2, just cutting out silly expenditures was enough to start paying off debts. Five years later, whoo hoo mission accomplished on #3 for credit cards. Now, it's time to work on student loans, prepaying the mortgage, and setting aside #4 simultaneously. All in all, not bad for only being 26! Awesome post, Derek @ NüHabits Read Derek @ NüHabits´s latest article - The Huppie

By: Scott

Scott — Mon, 09 Mar 2009 02:40:34 +0000

Good post. I and my wife have these discussions about are we on track about once a year. It's not our favorite subject but its necessary in order to make plans and keep on track. We stop and take a deep breath as you suggest. Usually around tax time...haha. Even though you have good intentions and try really hard to be frugal when things like college education, weddings, help to get by,taxes,children,parents, layoffs,vacations and the like, have a way of fighting you. The good news is if you adhere to your downsizing suggestions you may not get way ahead but you will not be way behind either. Thanks for the post! Read Scott´s latest article - Developing Objectives for a Social Media Strategy Part 2

By: Christopher

Christopher — Sat, 07 Mar 2009 02:20:03 +0000

Great article and tips. Unfortunately, the downsizing lifestyle is easier said than done for most folks! Read Christopher´s latest article - Fifty People, One Question: New York