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Added a spending goal

April 19th, 2013 at 02:38 pm

Because I don't have enough goals to work on, I am planning on buying DH and I road bikes this year. It's my fault because I mentioned wanting to get road bikes again and DH went and researched the ideal ones for long distance travel (we think of 30 miles as a quick bike ride). Long term its a fairly cheap hobby and we got our use out of our bikes we bought last time (sold them awhile back because they were too small long term and we knew we needed larger frames). Fortunately with all the overtime DH has been working and the raise he got, it won't actually slow our debt payoff.

If you include debt payoff, we are saving 45% of our gross income this year (25% gross to retirement savings). While I would have preferred to wait another year, I think we are doing well even with this big purchase.

3 Responses to “Added a spending goal”

  1. MissAngel Says:
    1366387119

    I too am a big bike rider! I got into the sport through my step-dad who thinks it isn't even worth getting dressed for anything under 10 miles. I have a Trek WSD that I really love. You're right, it is a cheap hobby overall once you have all the right stuff.

    Good luck!

  2. creditcardfree Says:
    1366390444

    Bikes are awesome! Great goal.

  3. rob62521 Says:
    1366425250

    Hey, think of the bikes as an investment in your health!

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