Hi Kat. Hope you don’t mind further thoughts on planning for the big bills from a fellow financial sojourner. Keep in mind, I’m not a coach, just someone who lives with the consequences of past actions and trying to learn the odd lesson along the way.

Me thinks you’re being a little hard on yourself. Unexpected expenses do pop up, especially if you own a home or a car.

Best intentions are frequently unrealized. Just look at the scramble I blogged this spring when I forget to plan for my son’s sports and camp fees.

And sometimes, we yield to the call of fun, but not so sensible uses for our money. As I’m writing this, I’m enjoying a portion of approximately $200 plus I recently spent on “must have” CDs.

There might be a middle of the road option if you wish to save for anticipated expenses, but can’t manage the whole shot. Try putting aside a percentage instead of the whole amount. 25% saved for the big bills is financial pressure and stress reduced by at least 25%. Maybe more, because you recognize you have taken a proactive and positive financial step forward.

And now I’m off to the library as books are free there, as long as you give them back.

Cheers,

Jack