Spacefem (spacefem) wrote,
Spacefem
spacefem

savings

I recently bumped up the amount of extra we pay on our mortgage every month. if I play my cards right, the house will be paid off by the time i'm sending a kid to college... hoping that with two kids, at least one of them will be smart enough to go places, olive will someday learn that it's the ABC song and not the EFG song, you can't just pick your favorite letters and repeat them...

So I don't have college savings funds going for the girls yet and sometimes I wonder if that's a mistake, but with savings interest rates being what they are, shouldn't I pay off the house first? and in my head, it doesn't matter anyway, it's all money, the point is saving it somewhere, right?

Poll #2010763 savings

do you put away or save money every month? where does it go?

nope. spending every penny.
8(5.8%)
a boring savings account
32(23.2%)
less boring stocks or investments
18(13.0%)
retirement fund
27(19.6%)
healthcare savings account
7(5.1%)
paying extra on a mortgage
8(5.8%)
paying down student loans
8(5.8%)
paying down car loans
9(6.5%)
paying down some other debt
9(6.5%)
someone's college fund
9(6.5%)
stuffed under my bed in a safe. the combination is...
3(2.2%)
Tags: finance, polls
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