- Joined
- Sep 19, 2004
- Messages
- 2,547
Not the most exciting thing to do on NewYears day; but today I reviewed my 2009 spending vs budget and built my 2010 budget - complete with a wish list for when I have extra $$$$.
I had actually started this on Tuesday night - but my computer crashed (big time) and not only did I loose my evenings work - but I then spent hours getting it going again and backing up the data - and then went to Milwaukee on Wed night to the apple store (so now I have a new computers to learn to use).
So who else budgets out the year; and what principals do you use.
In my case, I intentionally underestimate my income by a minimum of $5000 for the year (on base wages, tax refunds, etc) and assume no OT. I make that work - and then I know that I can handle a few bumps during the year.
I also make a list of things to do with the extra $ I should have in the year (savings and paying down mortage and the auto loan are well represented along with buying a few things). Of course; I also budget a good amount for buying things during the year anyway.
I find it gives me great peace of mind for the rest of the year. Now I can have a great weekend (and year too).
I hope all of you have a great year too.
Perry
I had actually started this on Tuesday night - but my computer crashed (big time) and not only did I loose my evenings work - but I then spent hours getting it going again and backing up the data - and then went to Milwaukee on Wed night to the apple store (so now I have a new computers to learn to use).
So who else budgets out the year; and what principals do you use.
In my case, I intentionally underestimate my income by a minimum of $5000 for the year (on base wages, tax refunds, etc) and assume no OT. I make that work - and then I know that I can handle a few bumps during the year.
I also make a list of things to do with the extra $ I should have in the year (savings and paying down mortage and the auto loan are well represented along with buying a few things). Of course; I also budget a good amount for buying things during the year anyway.
I find it gives me great peace of mind for the rest of the year. Now I can have a great weekend (and year too).
I hope all of you have a great year too.
Perry