Yesterday I was mapping out our spending for 2010. There are going to be some significant financial changes for us this year, and I want us to be ready for them. When I think budgeting, I think about spreadsheets and calculations, but it can be simpler than that. It can be as easy as making a list of necessities and luxuries and deciding what you can live without.
Because we have never taken the time to really look at our discretionary spending, our list of luxuries is pretty long. I didn't realize it, but we do go out and spend money on concerts, bars, restaurants, travel, and yarn.
But our expenses are going to increase this year. I bought a new car and our income taxes are going to be ridiculous, too, because my unemployment benefits weren't taxed. Not to mention that our insurance premiums will likely go up.
Dave says that thinking about all of this stuff on a vacation day makes me a worrier, but I'd consider myself an expert planner. What do you think?