Last week, my husband and I went to the accountant to file our taxes. When I changed jobs last year, I also changed my witholding so we’d have more money up front. Tax time opened the door for a conversation about how we WANT to spend our money and various long-term goals. Our house was built in 1944. Things break. Sometimes big things. We need to be ready.
Retro Reporter’s budgeting blog post offered some helpful tips, and Tim and I had a really fruitful discussion on where we are, where we want to be, and how to get there.
This also got me thinking about the Dodge. Tim and I have always operated on a mine, yours, and ours model with money. We have a joint account for household expenses, then each of us keeps a percentage of our paycheck to spend as we please.
A 1940 Dodge would please me beyond belief. For a while, I’ve been thinking about the timeline. How soon can I reasonably expect to make this happen? Now that I have a budget and a plan, I know I can save up a decent amount of money within five years–sooner if I save more aggressively or get raises along the way.
Yes, five years seems like a long time. Then I remind myself without a plan and some discipline, that five years could easily be never. For me, it’s worth the wait.