It may be a tad early, but Jordan and I have come up with a budget for when we are homeowners. I'd like to share it with you in draft version - I'm hoping that any home owners who read this blog can share with us any insights on what we might be missing.
So, what do you think?
In theory, our incomes will be 5-6% higher and our vehicle insurance will be lower in a years time - but that's not a guarantee.
8/27/2010
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Hi Jessie. I like your budget. I would like to recommend you increase your house maintenance budget by at least another $100.00. As a home owner there is always something. Last month it was our sewer line and it costs us $2300.00. You also left out your house insurance and that is a lot more than tenants insurance. You and Jordan are on certainly going in the right direction.
ReplyDelete2nd the house insurance. Ours costs about $800, I think. I can't think of anything you are missing right now.
ReplyDeleteDon't forgot vehicle maintenance. Oil changes, tires, the occassional servicing. Also, since you have a horse you going to need something saved for vet bills.
ReplyDeleteNo medical expenses? Cell phones include in utilities?
ReplyDelete