Quote:
Originally Posted by tvp2003
Admittedly, budgeting in a strict sense is not my strong suit. But yes, I have a general budget and monitor monthly income versus expenses. Savings were more of a priority early on, but less so now that we have kids (expenses have gone up) and db pension contributions to make.
I think the majority of people are in one of these categories:
1) How do I get to the end of my paycheck?
2a) How do I get out of this debt?
2b) How do I save enough to put a down payment on a house?
3a) How do I start saving for retirement?
3b) How do I pay down my mortgage earlier?
4) How can I build my retirement savings?
The notion of "what would I need to retire early" is probably next on the list, perhaps followed by "I'm sitting on a crap load of money/assets, what should I do with my time now?"
Don't want to detract from the OP though -- by all means have that discussion, as if you've gotten to that point that is obviously a good thing.
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Once people are near retirement, or middle aged the conversation begins to shift toward "do I have enough, or will I have enough?" and "I've got all this saved, so how do I make that into an income and make sure that I don't outlive it?"