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Money and Finances
Reply to "Do you rein in the spender in your family? "
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[quote=Anonymous][quote=Anonymous]Op, we have a mid-seven figures HHI, all brought in by my DH and I am constantly giving him a hard time about watching our budget. The thing is, DH and I sit down together at the beginning of the year and set savings goals for ourselves. We also set a general budget. It’s generous (we spend about $30k per month including our mortgage, not including income taxes or private school tuition) and then I expect us to stick to it. We can afford to spend more than our budget, but what’s the point in making a budget if we aren’t going to follow it? I don’t mind if we overspend by $1-2K during a month, but there is no reason we should regularly be overspending that much each month. [/quote] This doesn’t sound like a monthly spending issue (maybe the sports events?) but rather large-ish purchases. However, the OP and her spouse could try to amortize the grill and gym equipment purchase over the next 8 years and the sporting events (if something like season tickets) over the course of a year. [/quote]
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