So the district has been flirting with rescinding almost all of the pink slips they sent out. If the union and the district can quit bickering, we can all get our lives back on track. So here is our status if the rescintion comes in.
1) DH continues getting normal paycheck August & September
2) DH keeps his health insurance over summer
3) DH was offered and will be able to take a part time summer school job
With this, we will be getting enough money to finish off our car savings and our expanded emergency fund by August. Then we can start saving to pay back our student loans as they come due. DH will have $13,000 due June 2012, but through APLE we can get $11,000 paid off. So for his we will make the minimum payment until we pay them off, or DH gets a job at a school that does not qualify. I have $19,125 due ~December 2013 so we will also be setting money aside for this.
Currently my big dilemma is what to prioritize. We can either prioritize starting our second Roth IRA or saving enough to pay down my loans when they come due. My current plan is to save enough to pay cash on DH's loans (in case of job change) then start the Roth and if there is extra money put more into student loan savings. If DH keeps getting APLE we can use the extra money on my loans.
Recintion Soon?
May 24th, 2011 at 08:45 pm
May 24th, 2011 at 08:57 pm 1306270646
May 25th, 2011 at 03:30 pm 1306337435
May 27th, 2011 at 09:18 pm 1306531131
Jerry