We’ve realized that we’re not in a position that allows either one us to take a job with much of a salary decrease. Even if it’s a job that’s otherwise perfect, it just wouldn’t be feasible. That severely limits options, and it’s not a good feeling. Reducing debt would change that. Even if it’s not something that we would opt to do, just the idea of being able to is empowering.
Without sharing stories that aren’t mine to share, we’ve had front row seats to what happens when you neglect retirement planning and saving. It isn’t pretty. And it’s definitely not a situation we want to find ourselves in thirty years from now. We all know that time flies, so it makes sense to plan and save now.
And the more fun motivation is that we’ve realized we want to travel. It’s something we’ve talked about, but only in vague terms along the lines of “wouldn’t that be fun/interesting/exciting”, but nothing beyond that. Neither one of us have ever really been outside the south, and while we’re happy here, there are so many other places to see.
We recently spent an evening with some older friends, and they told us about their trip to Italy a few years ago. It inspired us. There’s a whole big world out there, and we’d like to see more than our tiny piece of it. It’s not something that’s going to happen this year, or next, but we’ve set a major trip by the time we’re 40 as our goal. We have yet to define exactly what “a major trip” means for us. NYC? Europe? Alaska? Some sort of cruise? But we do know that it’s something we’ll have to save up for. We’ll both be thirty-five by the end of the year, so we’re working on a five year plan. It seems doable. You have to have goals, right?
Long term goals seem to be harder sometimes. Small steps can seem insignificant or pointless. It’s so easy to get distracted or discouraged. It can be hard to decide where to start. Accountability helps. At least it helps me. So I’ve designated Thursday as Thrifty Thursday. Every week I’ll share something that we’re doing to save, plug up the holes in the budget, or somehow reduce debt.
So what about you? What are your long term goals?