Tuesday, August 5, 2008

The best of intentions...

Well, August is already beginning to shape up as a bad month financially. Not really from the perspective of losing ground, it just looks like there isn’t going to be much in the “gaining ground” side…

I helped a friend of mine move over the weekend. He was leaving his house behind due to foreclosure, but, fortunately, had a good place to go and wasn’t all that broken up about it. He did, however, have an extra refrigerator. So, since we are looking for a house, I told him that I’d buy it. So there’s a couple hundred that wasn’t in the budget…

Now we come down to the real expense. It is beginning to look as if we have found a house that we’d like to have built. It will require a $500 deposit, and then it will take about 4-1/2 – 5 months to build. During that time, we will more than likely put our debt reduction on hold, and begin storing up cash. We’ll see, though…

These are some exciting times, to be sure. I’m in the process of reworking our budget to see what kind of difference the payment will make in our finances…

More updates soon!

No comments:

Post a Comment