1 Pets
Got rid of saltwater tanks, limit toys and treats to reasonable level
2 Video Games/Bikes
Try to buy used, replace as things break
3 House Repairs
Plan cash expenditures to level needed
4 Financial Independence
Pay off debts quickly, keep saving for retirement
5 Eating Out and Eating In
Set a reasonable expenditure level and stay under
6 music/gardening/decorating/books
Occasional splurge, keep impact on budget minimal (shouldn't have its own category)
7 Travelling/Car Maintenance/Entertainment
Minimal till debt is gone, then goes up to have its own category
8 Charity/Generosity
usually project based, after debt payoff, gets its own category
9 Electronics/Furniture/Eventual Car Replacement
should be another 5 years before this needs to become a category
This is my current priority list. Everything that I value that has a strong financial impact on my life is listed whether I need to spend on it right now or not. I am sure it will change in the future but for now this is it.
This list is based on how strongly I feel about it not the amount of money that is required to support it. Underneath each I listed my plan for keeping the expense part down. Surprisingly, financial independence is fourth on the list. I would honestly work longer for the items listed above it. Strange hunh?
My Financial Priorities
November 18th, 2009 at 09:47 pm
November 19th, 2009 at 01:30 pm 1258637430
November 19th, 2009 at 04:21 pm 1258647698
November 19th, 2009 at 06:35 pm 1258655733