This is our financial plan for the next five years, starting in January 2013:
Granted, plans are just that: plans. As our lives change and new situations arise, we will need to be realistic about the feasibilty of the goals listed above. But, for the time being, these are our goals.
Note: Mr. W. and I were both extremely fortunate to complete our education without any student loans. This provided us with a decided financial advantage over many of our peers and we will always be grateful to our families for the sacrifices they made on our behalf. Our families saved diligently to ensure that we, and our siblings, would be able to attend the university of our choosing. During graduate school, Mr. W and I both received graduate assistantships that covered our tuition and provided a modest living stipend. As a result, we currently have no debt other than Mr. W's car loan. Again, we have much to be thankful for and recognize that we were with provided opportunities that many others do not receive.