Do you know what last blew your budget, was it something unexpected, a shopping spree, or something else?  

When I came back from overseas I was in debt, had to borrow money from my parents just to get by, live back at home and find a job.  It was coming up to Christmas, I needed a haircut and my car was due for a registration.  Something had to give and I knew that this time next year I didn’t want to be in the same position.

So I worked out my budget, then worked out what was causing me to blow the budget. The big stuff that hurt, anything over $100 was painful at the time so I came up with a plan to reduce the impact for next time.

So lets take something that comes up regularly – car registration. It always seems to crop up at a most inconvenient time, and who has a spare $200 lying around that you would happily depart with?

I’ve put together a little calculator (based on NZ car rego costs) so you can see how much you would need for your next registration. If your interested in trying it, send me an email or reply to this post and I’ll email you a copy. Try it out and tell me what you think

Then I guess the real question is, what are you going to miss more - that amount each per payday, or that lump sum? And if you decide to put it away each payday, the next decision is where are you going to put it so you don’t touch it?

What do you think? Would love to have your feedback



20/07/2012 8:30pm

I'm just browsing around your site for the first time, interesting read


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