This family has a great plan in place. Sure, they’re in the red now, but with a dentist’s earning potential, that won’t stay the case for long.
The family puts $200 aside each month for their car payment, even though their cars are paid off. That is similar to what I do now; even though I don’t have a car, I put aside that amount every month into my “car” fund. Once I get that to a sizable amount, I’ll start focusing on a “house” fund. Some day will come when I’m ready to settle down, and I plan on being prepared.