Archive for the Budget

Our 2012 Budget

For 2012, I wanted to come up with a more accurate budget, seeing that our baby would be born this year and hopefully we’ll be able to control our spending without worrying too much about it. I figured if I budget better, then I’ll hopefully be less stressed about where our money is going. Of course, I’ve also decided I’m not going to be so darn hard on myself because I’ll have a baby and have no clue how that’s going to impact our budget. If it costs us more money than I anticipated, then it does, and I’ll adjust our budget accordingly. Here’s our 2012 budget: Mortgage- $793.19 Escrow- $215.00 Energy- $150.00 Car insurance- $88.00 Verizon- $40.00 Cable, phone, internet- $125.00 Food- $350.00 Retirement- $100.00 House Stuff- $50.00 Gas- $200.00 Some notes: The mortgage is just principal and interest.  I used to round the payment up to $800 or so, until I found out that the extra money that I was paying was being applied to the next month’s payment!  Talk about annoying.  To make additional principal payments, I […]

[ Read More → ]

2012 Financial and Life Goals

2012 is already here, and I’m a little behind on our financial and life goals.  I’m a little uncertain about what I should aim for, as we’re going to have a brand new baby and will have to adjust to the new expenses and life with a child.  My goals this year will be attainable (I hope!) and I am crossing my fingers for the best year ever.  It certainly will be interesting and a lot different than past years!  Here are some of the goals I’d like for us to accomplish: 1. Set up a savings account for the baby. The baby has not even been born yet and already has a stash of money.  I’m going to open a custodian savings account for the benefit of the baby.  I will also have to research 529 plans in case that’s the way we want to go.  I’m thinking it would be easier just to open the UTMA (Uniform Transfer to Minors) account and wait until the money accumulates and then go from there.  We’ll see. 2.  Figure out life […]

Related Posts Plugin for WordPress, Blogger...[ Read More → ]
  • Archives

  • Find Us on Facebook!

  • Categories