No. of Recommendations: 2
Thanks everybody

Not really willing to refinance into a longer term mortgage. Doesn't make sense to me to pay more long term interest for smaller monthly costs since its not a necessity right now.

For the many who pointed out maintenance and other one time costs, I've already got savings for those. It's not included in this budget because if I hit the $3500/month, we should be able to save $500/month for all that other stuff that comes once a year (auto registration, car maintenance, home maintenance, etc.).

I'm also going to read some of the Fool articles on insurance and see if I have the cuts to cut some coverage there (if appropriate). I'm pretty sure we are over insured, but it's that "sleep well at night" factor, you know?

It's good to know that only the one category seems really out of whack. Based on the feedback I'm definitely going to tackle the Food budget and try to make some cuts there.
Print the post  

Announcements

UGC Disclosure Notice Regarding Credit Card Posts
Community board discussions about credit cards are not provided or commissioned by banks who may have advertising relationships with The Motley Fool. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.
TMF Credit Center
The Motley Fool Credit Center arms you with real tools and simple messages, that will help you in every credit situation.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement