Author Topic: Reducing and eliminating some spendy long-term goals  (Read 4511 times)

AgentCooper

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Reducing and eliminating some spendy long-term goals
« on: November 09, 2015, 02:23:03 PM »
About 7 years ago I wrote down some long-term savings goals that totaled up to be over $50,000.  Today I revisited them, with strength gained from reading MMM, and made these changes (totals don't add up to 50k because I've already hit some of my older goals, like some major travel, installing a fence, buying a couple of pieces of furniture for certain rooms):

Eliminated the following former "goals" as non-mustachian
$3,000 to to fill my lot with more dirt (live with it as-is). 
$3,000 asphalt driveway (live with dirt/clay driveway as-is). 
$3,000 professional landscaping (continue our DIY landscaping and gardening, planting edibles instead of pretty flowery things to imagine it impresses driversby)
$1,200 to install professional shelving in master bedroom closet (we’re used to our closets by now, plus I have gained carpentry skills this year and could knock some decent shelves together for under $100)
And eliminate the targeted savings of $3,000 for our next cruise.  This would be our second one (typed with shame).  We had one five years ago, and it was very nice.  Well, one and done!  New cruise budget is $0.
 
New, much shorter, more mustachian list:
What remains are non-optional things (I think…): 
$10,000 for next car replacement. 
$7,000 for new roof – it has 20-year shingles and they are about 17 yrs old. 
$3,000 for master bedroom suite (whoo boy that one is a luxury; I have steeled my jaw for punches). 
$400 for professional repainting of some interior spaces as a DIY project revised from $1,500 for professional outsourcing. 
$10,000 major restorative dental work (this will replace a very old removable bridge).

frugal_c

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Re: Reducing and eliminating some spendy long-term goals
« Reply #1 on: November 09, 2015, 05:56:50 PM »
Congrats on the cost avoidance.

For the remainders, I think the car in particular could be improved on.   I think you could get a good car for 7 or 8k, probably less.

Blany

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Re: Reducing and eliminating some spendy long-term goals
« Reply #2 on: November 10, 2015, 03:29:17 AM »
Good work!

Sibley

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Re: Reducing and eliminating some spendy long-term goals
« Reply #3 on: November 11, 2015, 01:08:37 PM »
Just so you know, you may be able to get at least some of that dirt for free. When I was in high school, my family had a project to regrade the (very small) backyard. We were filling buckets with dirt, driving to empty lots, and dumping it.

Some guy in the neighborhood happened to find out about the project somehow, and he took a bunch of dirt for whatever project in his yard. Probably 2-3 trash cans full (the big ones). Keep your eyes open, and I'd keep an eye on craigslist, etc.

Also, start composting and make your own dirt.
« Last Edit: November 11, 2015, 01:11:44 PM by Sibley »

2ndTimer

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Re: Reducing and eliminating some spendy long-term goals
« Reply #4 on: November 12, 2015, 10:30:42 AM »
Have seen free dirt and fill on Craigslist when I was trawling for free manure for my garden.

AgentCooper

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Re: Reducing and eliminating some spendy long-term goals
« Reply #5 on: November 12, 2015, 11:06:10 AM »
OP:  Great ideas on dirt.  I responded to a Craigslist ad for free dirt from somebody in my town, but they never answered.  Found another offering 35 to 40 yards of dirt (I think that's about one dumptruck full), but they are 2 hours away and that's a lot of trips in my van.  Will keep my eye out and maybe post a "Wanted" ad too.

Edit:  We compost too, and add the dirt that results to our backyard garden.  I need about 2 dump truck loads of dirt added to my front yard, to fill in after what my neighbor did.  When he built his house, he spent 6 months hauling in dirt and spreading it and building up his foundation with his machinery.  Now when it rains for 10 minutes, I get standing water in my yard.  Nice.
« Last Edit: November 12, 2015, 11:08:06 AM by AgentCooper »

BCBiker

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Re: Reducing and eliminating some spendy long-term goals
« Reply #6 on: November 12, 2015, 05:38:26 PM »
Have you considered going abroad for the dental work.  You could probably get the work done in Thailand, have a nice time (way more than a silly cruise), and probably spend a lot less than $10K.  Of course this requires time off work, but if you have PTO, you will bee building a bigger stash while sipping duty free rum on the beach.

When you get back you can tell the dentist who wanted to charge you 10 grand what you did and whatever expletive he/she deserves for trying to rip you off.

2ndTimer

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Re: Reducing and eliminating some spendy long-term goals
« Reply #7 on: November 13, 2015, 09:53:33 AM »
Keep trying on the dirt.  It took me three tries to find the perfect manure source. 

AgentCooper

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Re: Reducing and eliminating some spendy long-term goals
« Reply #8 on: November 13, 2015, 10:15:01 AM »
Have you considered going abroad for the dental work.  You could probably get the work done in Thailand, have a nice time (way more than a silly cruise), and probably spend a lot less than $10K. 

Yes, am actively considering Mexico.  Haven't considered Thailand.  Great idea.  I have a question posted on that idea here:

http://forum.mrmoneymustache.com/ask-a-mustachian/anyone-used-dental-college-for-major-dental/?topicseen