A budget doesn’t just tell you when to stop spending

Our budget lets me know when I haven’t spent enough.

Whaaaaat?

Sometimes there are budget categories that need to be spent. Some things are more fun than others. Think of an area you resist – for me, it’s getting my hair cut and colored. I love the result but I hate the process so it’s easy to put it off.

For others, it may be necessary maintenance. It’s not fun to sit around waiting for the HVAC guy to come for routine checks but it needs to happen. It’s recommended you put aside 1 – 3% of your home’s value each year for routine maintenance. But then you need to eventually spend it and make sure you actually take care of your home! We’re definitely in that season right now.

Money Game Update

About a year ago, I listed something for sale on Ravelry and forgot about it. Someone messaged me asking me if it was still available and we did the deal. I sold a hand made spindle for $60 netting 50.91 after Paypal fees and shipping.
I am genuinely happy about this. I need to work this much harder than I have been.

Today’s Deposit: $50.91
Level Completed: 177 out of 251
Amount Deposited this month: $538.53
Total Balance: $30,413.81
Our Money Game fund has increased 1.8% so far this month.

$621.39 is needed to level up

New? Start here …

Google Doc spreadsheet showing all 250 levels of the Money Game

Is F.I.R.E. the right goal?

I have proof that Google tracks me because FIRE topics come up on my Android feed all the time.

I saw something from MarketWatch (and I tried to find it again from my laptop with no luck) that basically said while FIRE is a commendable goal, it doesn’t guarentee nirvana. Just ask Kate Spade.

It said people really just want to happy and they think financial independence will give them that. Often it doesn’t.

I thought it was a great piece and I’ll keep trying to find a link to it.

I’m reading books for new real estate agents and Gary Keller said something similar when making the point that important goals are easy to state but can be complicated to reach. He said if you ask an older person what is the meaning of life they answer simply “love”. A high school sophomore will probably say the same thing but in a more convulated way.

I’m happiest when I’m loving. I know that much. I also know it doesn’t take millions to be a loving person. Isn’t it great that we can have at least some of what we want right now?

Money Game Update

I’m going to jump right back into the previous format blending Money Game progress with journaling what I’m learning. During my break, extra money was mostly getting funneled to the Great Home Foundation Project of 2018.

The annual property tax bill for our NC land came in yesterday. We were under budget by $18.52 which is now roosting in our Money Game fund.

Today’s Deposit: $18.52
Level Completed: 177 out of 251
Amount Deposited this month: $487.62
Total Balance: $30,362.90
Our Money Game fund has increased 1.63% so far this month.

$672.30 is needed to level up

New? Start here …

Google Doc spreadsheet showing all 250 levels of the Money Game

While I was gone …

A few things got accomplished:

  • I passed the test and got my license.
  • We did over $17k worth of work on our home’s foundation and had our property properly graded to direct rainfall away from the house.
  • Our Money Game fund grew to $31,300 and change.

I missed blogging but with the exam prep done, I have a few hours of my life back each day.