Ryan and Rachel are a hardworking couple with a young child. Like many families, they’re juggling multiple financial priorities while navigating life’s unexpected twists. Recently, their child’s health has brought extra medical expenses, and they’re feeling the strain of making financial decisions with limited wiggle room.
Career and Lifestyle Changes
Ryan has worked at the same job for five years. While he feels content, there’s little opportunity for growth, and he dreams of exploring vocational ministry and voice acting—a passion he hopes he can turn side gig to main gig.
Rachel, on the other hand, has spent a decade working with special needs children at a Title 1 school, helping deaf and blind students. But after years of service, she’s feeling burned out and wants to spend more time at home.
Financial Goals and Challenges
The couple’s immediate focus is building their emergency fund to $20,000. They currently have $14,000 saved but face ongoing expenses, including a car loan and a credit card balance they throw $500 at each month. Once the credit card is paid off, they plan to redirect that payment toward the car loan and additional savings. By the end of 2026, Rachel expects her $60,000 in student loans to be forgiven through the Public Service Loan Forgiveness program—a huge relief for their family.
Building Stability, One Step at a Time
Their financial plan is simple but powerful:
Ryan and Rachel’s story is a reminder that even with limited resources, a clear plan can provide peace of mind and a path forward. For them, it’s not just about numbers—it’s about creating the freedom to explore new opportunities and focus on what truly matters.