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Budget Trial Run

September 26th, 2021 at 03:04 pm

Although, our income will not be reduced until mid November, we will be living on my husband's retirement income alone starting October 1st. It will give me (I'm the CFO in our household) an opportunity to twick or make changes to our budget. As it stands, we'll have a surplus of $750 in our budget. If it proves to be correct, I will put half of it in our savings and the other half to make contributions to my Roth IRA. Any money I can make will be going to fun things like traveling, retirment and a helping others. 

1 Responses to “Budget Trial Run”

  1. rob62521 Says:

    Good plan! We sort of did that before I retired -- we lived on what we thought our pensions would be if I retired. I found it worked fine and when I actually drew more in my pension than expected, it was like found money!

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