Tuesday, 1 October 2013

Upcoming October posts

As of the beginning of October, I have about 20% of my “spending goals” budget left in my account.  As I receive my main bonus in February, I lock the money away until I need it to fund my spending goals.  Then I track any expenses related to my goals separately from my day-to-day spending.  My Millionaire by 2020 spreadsheet assumes I’ve spent the whole amount for simplicity, and to smooth any large swings due to major one-off expenditure.

The big ticket items in my spending goals for 2013-14 include:

  • Update wardrobes
  • Renovate outside entertaining areas
  • Paint inside and outside
  • Renovate kitchen
  • Renovate two bathrooms
  • Renovate laundry
  • Two week trip to US