Pages

Thursday, October 7, 2010

Season of Preparation: Money Management

It's official, Nicole and I are dieing to have a baby! Seriously, little comments about "enjoy just being with each other" and "put it off as long as you can" will not help us. We are doomed for baby-dum soon. . .parenthood here we come!

However, recently we figure out that with my extra job stocking at A.C. Moore and continuing to be frugal we could get rid of a large chunk of our debt before baby comes. That idea got our hamsters running about the things we want to do before we have babies. Next thing you know, we were calling this a Season of Preparation with our money as well as our baby making.

Why do we want to have children so soon anyway?

First, we aren't as young as a lot of our friends were when they got married. Their life clock had more years on it for just hanging out. Our clock is already getting to 30yrs. I know that's pretty young, but it's already going to be a medical challenge for Nicole to have babies (see link above) and age will only make it harder.

More importantly, we want a large family. The thing is our definitions of "large" are a bit different. Nicole says four whereas large to me is in the 6 or 8 kid range. Take a deep breath ladies, I know I'm not the one having the babies! We have agreed to start with four and then reevaluate after. I'm feeling called to have many children to grow and train up for God and I know that Nicole is feeling the same way.


Our current plan:

1. We decided for budget reasons to take a less expensive honeymoon and instead take a more "big deal" vacation for our one year anniversary. We are currently leaning toward a visit to a beautiful place in southern CA.

2. I really want to attend a Christian marriage retreat before babies come. We believe that a house need to be build on a strong foundation. We are thinking we will do one close to home sometime next year.

3. Pay off nearly all of our consumer debt. My car will be paid off by the time any said baby actually arrives.

4. Stay cash, go cash, nothing else but cash for ever and ever Amen! We are a Dave Ramsey family and have committed to not borrowing any money ever again except our house loan which we got an amazing, amazing deal on. Yes, this includes cars.


Regardless, we can't wait to have some babies up n' dis crib! We just want to be as prepared with our money as we can without dragging this out until we are millionaires.

2 comments:

  1. "We have agreed to start with four and then reevaluate after."

    so does this mean quads are in the near future?!

    ReplyDelete
  2. Lol, nice ReRe. Quads, no, but our chances of double love is higher due to Nicole's family history and the meds she'll be on.

    I was thinking that if we did doubles four times that's eight kids in only 36months of preggo-ness. Meanwhile, Nicole thinks that idea is insane.

    We do have a couple that we know at church who have two sets of twins. Apparently, the lady of the family has a genetic trait that results in twins every time she gets preggo. Of course they didn't figure this out until round two!

    ReplyDelete