Related to Income: Budgeting in the New Year

www.inkthinkerblog.com — I posted over on Biz Chicks Rule about how Jesse and I sat down and figured out our budget for 2008 based on past spending, current and projected income, and sensible life adjustments.

One of the changes we decided to make is trading in our vehicles (mine is paid off, his has a monthly payment that’s killing us) for 2 vehicles that would be collectively cheaper than what we had, as well as more appropriate for our lifestyle. Case in point: Imagine trying to cram two adults, two mastiffs, and a pug into a Honda Civic. Now imagine them sitting pretty in a Honda Pilot, one wiht a leather interior that won’t get dirt ground into it every time the dogs jump in the back seat. Ahhh…

Before:

My first, and probably last, new car, a Honda Civic Hybrid, as I bid it goodbye for the last time

After:

My New-to-Me Honda Pilot

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Comments on this entry are closed.

  • Jennifer Dec 31, 2007 Link

    Nice! It looks all roomy. I want a new car too! (pout) Congratulations.

  • Yeah, sensible budgeting is crucial to financial success; it’s as important as earning more money.

  • Cory Dec 31, 2007 Link

    What did Jesse get?

  • admin Dec 31, 2007 Link

    Jesse got a used Mini Cooper that gets excellent gas mileage. We bought it from a family member for a song and it is still relatively new and runs great. It’s a good commuting/going-out-to dinner/running-to-the-mall car, not good for doggies. Which is great, if you ask me!

    kk

  • Cory Dec 31, 2007 Link

    Fun!

  • Solomon Jan 2, 2008 Link

    That car looks beautiful. Good way to begin a great New Year. congratulations!