My husband's cost of living raise starts this month, so at least we will be getting a little more income. Unfortunately my husband's personal trainer will be increasing from the already too expensive $100 per month to $132 a month. I really, really, really wish I could convince him to stop going because it is not helping him at all and it's just a waste of money.
I now have $8,000 saved up for the upstairs windows. I don't know when we are going to get them replaced. My husband isn't as enamored with windows now that we got the downstairs ones done. So the $8,000 might be used towards a replacement vehicle. I read on J.D. Roth's website "Get Rich Slowly" that he is not saving for any goal in particular. I kind of feel that way, but I still have so many things to save for, I'm just not sure which one we will need first. Because they are all big ticket items, I have to start saving months or even years in advance. Even if you look at the chart I posted a couple months ago, it says I saved for flooring for the bathroom, yard work, my sister's wedding, a front door and a vacation - none of which has happened yet (although the vacation is coming soon!). Other than the sister's wedding and the vacation (which for the most part is now pre-paid), I don't have each of those in a separate savings account. So the $8,000 could go towards some of those items as well. Anything smaller than $500 can probably be cash flowed as long as the other spending that month is not out of control. So I think I'll just concentrate on the bigger items. The main ones are:
- Upstairs windows
- Replace vehicle #1
- Replace vehicle #2
- Fund Roth IRA
- Trip to Japan
- Replace siding on the house
None of these need to be done this year (except maybe 2012's IRA contribution), but I would like to see them all done within the next 3 years. We are probably looking at a total cost of about $65,000 to $75,000 accomplish just those six things on the list. Maybe I should just make a big fat goal of raising $75,000 and then go on a shopping spree and take care of all six at once!