
now, i’ve been really transparent with our saving goal for tuition. i’ve given you the exact dollar amount that we’ve saved each month. i reasoned that if you really wanted to know, you could google how expensive one year at the university of iowa is and figure out how much we needed and were saving. so i figured i’d just post the actual numbers so you could see in reality how much we’re saving for bryan’s tuition.
but my financial updates are going to look a little different in 2012. the main reason being that you can’t google how much we’ve decided to save for a vacation next year, or how much a fully-fund emergency fund is for us. we’ve decided not to make these dollar amounts public, because there really is no need to.
now that that’s out of the way, here’s what we have planned for 2012 (in order of importance):
- fill all of our essential sinking funds as fast as possible. these sinking funds include:
- auto insurance
- home insurance
- auto tax
- home tax
- pest control
- eye exams
- eye glasses
- pay off our student loan
- fill all of our non-essential sinking funds. these sinking funds include:
- christmas
- clothing
- vacation
- birthdays
- save and pay cash for a second car
- fully fund our emergency fund (6 months of expenses)