I wanted to give you an idea of where we stand to start out this journey(As of 1/9/2011) :
Cash Savings: $3,064
Roth IRA: $41,444
Combined 401K's: $2,242
Condo Value: $180,000
Student Loans: $13,731 @ 3.625%
Mortgage: $181,284 @ 4.5%
Credit Cards: $1651(on interest free promotional accounts)
Net Worth(Assets - Liabilities):
Two 30 somethings with a 5 year old and about to get married with a net worth barely above $30,000!! YIKES!!
We obviously need to step it up a notch in order to have money for college, retirement, food, water, air!!