My big goal is to get right side up on our mortgage and start saving towards a down payment on a home we want to live in at least until retirement. We don't have any CC debt but we do have a car loan and my student loans. I'm not really following Ramsey's rules since I disagree with several of them. DH and I both get employer matching on our 401k contributions so we're not passing up that free money. And my student loan interest is less than the interest on my high yield savings account so it would be a net loss for me to pay down the student loan. What I have been doing is splitting money between extra payments on the mortgage and savings.
Right now I'm on unpaid maternity leave and we're actually drawing on our savings for me to stay home for DS2's first 6 months, so while we're not going into debt, we're also not doing any getting out of debt right at this moment. We felt that having me home for him is worth the savings detour, though. I go back to work in April, so once I pay off my my accrued health insurance premiums, we'll be back on track on paying against the mortgage. I have to say that even when we can put an extra $400/month against the mortgage, it feels like it's just a drop in the bucket. It's daunting having that kind of debt =\
I also need to start saving up for something special - maybe a wedding (MINE!) in the next year or so. I could do something very affordable thanks to my church having a decent-sized hall to use (holds 125 people), but it still would require several thousand dollars. Even if I was close to my parents (I am not), they wouldn't be able to contribute, plus at my age (41), it's a little much to expect them to contribute when I've been on my own for so long. My feller doesn't have a lot of money, and I'm not really sure about his parents' financial situation. He's an only child, so they could conceivably decide to contribute towards a wedding, but if they did, it would be icing on the cake. I'm just planning on saving for what the feller and I could afford.
My goal is to have cc paid off, teeth taken care of and paid for, and some money in savings (since current money in savings is for teeth) towards wedding by the end of this year. :)
Usually the biggest way to cut cost is to cut the guest list since catering is usually per plate. The other biggest savings seems to be having friends who can do floral, cake, and so forth. Ask around and see if someone you know has done good work in the past or knows someone who has who can cut you a good deal. Not sure what kind of area you're in, but I'm in an outer suburb of a major metro area and I've been shocked at how gorgeous some of the wedding gowns are at Salvation Army (now would be a good time to look, btw, since there are more end-of-year donations for tax write-offs). Another thought if you're going less formal is to look at the bridal party gowns at bridal boutiques and find one you like that you can order in white/ivory. I've seen some that are simply beautiful that would be appropriate for a daytime wedding and significantly less than a wedding gown. I watch "Say Yes to the Dress" sometimes and it floors me how much some people spend on a wedding gown. Good luck with the planning and saving!