Advertiser Disclosure
X

Advertiser Disclosure: The credit card offers that appear on this site are from credit card companies from which MoneyCrashers.com receives compensation. This compensation may impact how and where products appear on this site, including, for example, the order in which they appear on category pages. MoneyCrashers.com does not include all credit card companies or all available credit card offers, although best efforts are made to include a comprehensive list of offers regardless of compensation. Advertiser partners include American Express, U.S. Bank, and Barclaycard, among others.

By

Dig Deeper

23,322FansLike
15,751FollowersFollow
36,014FollowersFollow

Become a Money Crasher!
Join our community.

What Are Your Financial Priorities?

I thought that I would ask all of you out there in the personal financial blogosphere a question.

What are your personal financial priorities?

I will share with you mine and my wife’s priorities to give you an idea of what I am talking about, and I would love to read what yours are in the comments section. 

  1. Pay for the necessities (food, utilities, shelter, clothing)
  2. Pay off debts
  3. Save for a bigger emergency fund
  4. Save for a newer car
  5. Give to Others.
  6. Buy newer furniture.
  7. Save for retirement
  8. Pay off mortgage.

Those are just a few of our most pertinent financial priorities.  I think that it is very interesting how everyone’s priorities change given their current life situations.  We don’t have kids yet, but if we did I am sure that college savings and other financial priorities associated with kids would be factored into my list. 

Anyway, post your priorities, and then evaluate if your income allocations line up with these priorities. 

Erik Folgate
Erik and his wife, Lindzee, live in Orlando, Florida with a baby boy on the way. Erik works as an account manager for a marketing company, and considers counseling friends, family and the readers of Money Crashers his personal ministry to others. Erik became passionate about personal finance and helping others make wise financial decisions after racking up over $20k in credit card and student loan debt within the first two years of college.

Next Up on
Money Crashers

bearded man watching football game and making selfie with smartphone

Top 10 Places to Buy Cheap Discount Sports Tickets Online

From opening day to the playoffs, if you want tickets to any major sporting event, you may face some steep costs, especially if you...
Zero Waste Leaves

How a Zero Waste Lifestyle Can Save You Money

Could you fit all the trash you generate each year into a single mason jar? Although it might sound impossible, it's a feat attained...

Latest on
Money Crashers

Sign Up For Our Newsletter

See why 218,388 people subscribe to our newsletter.

What Do You Want To Do
With Your Money?

Make
Money

Explore

Manage
Money

Explore

Save
Money

Explore

Borrow
Money

Explore

Protect
Money

Explore

Invest
Money

Explore