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Preliminary Budget

January 25th, 2019 at 09:23 am

I have a household preliminary budget once we move to Florida. My guess is that we will be living there full time after the first year. This will allow our DS#1 to find roommates to offset the cost of keeping and maintaining the house afloat until he can purchase the home from us.

So far we have a lean budget of $2500. This will cover all expenses including the home mortgage. The income will come from the two rental properties we own and my husband's small state pension. Once we decided to live in Florida permanently, I'll start applying for jobs and the budget will be less rigid. Any budget surplus will be funneled to the grocery and the miscellaneous categories (eat out, pet, beer, medical). I may add that our emergency fund is a very healthy one and any surprises will be covered.

1 Responses to “Preliminary Budget”

  1. frugaltexan75 Says:

    Sounds like you have a good plan.

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