Saturday, October 27, 2007

Extraordinary Expenses

I've added a page element to my side bar entitled Extraordinary Expenses. They aren't really extraordinary expenses. They're just things that I have to remember to take care of within the next 4 to 8 weeks.

As you can see, with the exception of the tires for my car, they are all expenses related to C2. Believe it or not, several years ago I opened a savings account to set aside money for children related expenses that seemed to "pop up". I still have it and there is a little money in it for that purpose. With the exception of the Varsity jacket (that may be his Christmas present), I am considering asking C2 to contribute a portion of his income to the other items. He is 16 and has a job. He can help. Perhaps this will be the beginning of his lesson in personal finance.

As I was blog surfing this week, two really caught my eye. The first was Cynthia. She posted her family's budget. I still need to take the time to do that. I know it will be an eye opener for me. As will my debt to income ratio, which is probably super high. That's what Marie blogged about this week.

2 comments:

Cynthia said...

Hey - thanks for linking to me! Budgeting has helped me so much! I hope it helps you too.

Our Debt said...

Yea I have HOA fees coming up... 877! talk about extrordinary!!