Monday, May 18, 2009

Being a Good Steward With Extra...

Since my husband found out that he will be getting promoted and as a result a raise; I have been thinking about what to do with the extra income. Being that I manage our finances each month, I wanted to make sure that whatever we did, GOD would be pleased.

A few things have popped into my head, some of which are:
1. Starting a Retirement Fund (he's 29; so he still has a lot of time before he retires)
2. Of coarse increase out tithing when the raise takes into effect.
3. Increase our Regular Savings & Emergency Fund Accounts. We currently have 4 months of EM fund savings. We want to increase it to 6-8 months.
4. We would like to put money towards our 1st Family Vacation to Disney World, in September 2010 (which will be $2300-$2500)
5. Finally, continue to give to others and use what the Lord gave us to be a help to someone else.

Again, we are so blessed to even be able to plan these types of things. It is so sad to hear/see lose their jobs. So sad.

2 comments:

Love Abounds At Home said...

Sounds like your right now track with what your suppose to do with the extra income. I'm so blessed by your testimony :)

My Life as a MOM... said...

This sounds great for your family! Don't forget that when you plan your Disney trip to get the dining plan...it will save you sooo much money!