46.4715%

I just have to blog about this... (2nd post of the day!)

Ever since I realized we'll have our Emergency Fund in place by the end of the year, I've been playing with our budget for January (and February and March... who am I trying to kid?)

Wow.

That's all I can say. What a terrible problem we will have come January (written in Lexi's favorite sarcastic font).

Average monthly income*  = $6,300
Average monthly expenses = $2,934
*Estimate of overtime & does not include extra pay checks twice each year

Amount remaining = $3,366 per month!

Our expenses are 46.4715% of our income which means the rest is "extra."

What will we do with it all?

Like I said, terrible problem to have huh?

Obviously, we have some goals to save for-
1. Second car
2. Retirement
3. Trip home in May
4. 5-year anniversary vacation
5. Furniture
6. Mattress
7. Giving

...and the list goes on. The hardest part will be balancing all of the goals and determining which is our first priority, second, etc. Up until this point, every extra penny has gone to debt or our savings- no questions asked, no discussions, no confusion.

2010 is certainly a rebuilding year for us since we've put off buying anything for quite a while.

I think I will be adding status bars for each category on my blog somewhere.  How fun!

KelsaLynn