Details shall be kept tightly under wraps until it is time for The Big Reveal. Things are going quite well though. We will be finding ourselves in a happier situation pretty soon… In the meantime, I was making an updated “Home Savings Plan” and thinking hypothetically, if we were to live rent-free somewhere and I was still making minimum payments on the loans, I’d be able to save up a maximum of $2500/month. Maybe even as much as $2700 if we are extra frugal!
Then I saw my old post from October (“speeding tickets, and a tentative home savings plan…”) and was kind of like WHAT?! What kind of crack was I smoking? I had said something like how we would be saving $4500 to $5000 per month if we moved in with my parents. UM… I’m really not sure how I came up with that gigantic number, as that was assuming we were making the same salaries. Even with no rent, we’d still have a car payment, groceries, utilities, minor student loan payments and other living expenses.
Anyway, ha! It is kind of fun cataloging my thoughts so I can look back (and that was only 3 months ago!) and compare the reality to what I was originally calculating and kind of laugh at myself.
Do any of you find it hilarious how naive you were when you first put together a personal finance plan, versus realistic numbers?