Budgets are awesome and fun!Posted: June 12, 2012
So last night after getting tired of working on work at home (trying to play catch up after I kind of deleted some things I shouldn’t have. Oh and there was no “undo” available) I decided to play around with my budget. Specifically I have done my budgets up until next July. (Notice I said budgets plural) Why? For the following reasons:
First reason: wedding planning! Okay, this was the more fun reason. I’ve got a post that will be coming here shortly on my wedding budget but in order to figure out what I could save for my wedding, I’ve had to also figure out my pay schedule and budget. I know they are estimates but I tend to estimate high. I figure excess is good while being under is bad. (Oh grocery fiasco, I’ll never live you down!) So I’ve figured out what we can roughly afford to put aside and have based a wedding budget of off that. (Not going to lie, right now my wedding cost exceeds what I can put aside but some of those things in my budget aren’t for sure and I’ve just put them down as a “maybe”.)
Second Reason: Debt planning! Minus the excitement of the wedding planning. And it’s more like “debt repayment planning but whatever. Not much more to say on this subject-I don’t have a time line or anything. Instead, I’m just fantasizing paying off one or more debts by the time the wedding comes along. I think it’s doable but we’ll see!
Third Reason: new rental house planning! Our current house, as I’ve mentioned, is a bit small. It doesn’t seem like it when I describe it: living room, kitchen, backroom/washer and dryer area, bathroom, small office/bedroom, and a “master” bedroom. But we’ve agreed that for us, a slightly bigger house would be ideal. The trick is finding one that is in our price range. The living room is roughly the same size as our bedroom and there is just very little storage space. Not to mention that the closets? Well, they aren’t really awesome. They were kind of added as an afterthought. And is it weird that we are trying to plan out when/if we have a baby? Right now our “second” bedroom is where you have to go through to get to the bathroom. And it’s packed full of computer goodness and bookshelves. You’d think it’s my office but as we have no desk, I just typically use my bedside stand as bill holder and so on.
Fourth Reason: Christmas planning! Both for this year and the start of next year. We started saving up in May this year a very minute amount from our paychecks and I have a budget (of course!) that shows what we want to spend on people, and the doodads that we would like to buy; as in wrapping paper, postage, etc. Also—this is our first Christmas where we are in our own little place. The previous two were spent in a roommate situation.
So there you have it. I have my budget planned until next July. I know it might change (what with any potential raises or new expenses or even some expenses disappearing) but at least I have a hint of what is to come. Insane? Maybe. Probably. Most likely yes. What do you think?