Family cash flow goals

I'd ask myself what are the goals and do I have the mean to fund them?

• Take care of family basic needs, food, housing, health care, transportation, insurance, etc.
• Send my kid to school until graduating from college.
  
• Address the priorities, such as own a house and have the mortgage paid off.
  
• Have enough money saved for retirement.

First is to take care of the fixed and immediate basic needs. Then plan for longer term/intermediate term goals. Finally the large purchases that take many years to pay off, and the retirement.

You need to have enough to be able to fund these goals.