Well I'll add mine. FIRE'ed 19 months ago, DW still working for 3 more years. I had crafted a well balanced budget/income that has largely worked so far. My mistake was not having allocated any travel money in the budget... and we LOVE to travel. So for 2018 I yanked $6k out of a cash account. We took a cruise in March this year, preceded by 3 days in Miami ... and blew $9k plus.
Fast forward to now. It is noted that the 20 year old roof over the garage is now leaking in heavy rain. Get quotes for a new roof. DW turns 60 next year and wants to do a 2 week Europe/Italy tour next summer. On top of that is increasing discussions about selling this way too big house when DW retires and what needs to be fixed before then.
Ok, let's pull up that spreadsheet.
It's all good, but many of you have probably done the same, and you need to look at your portfolio, run some projections, extrapolate that, add another sheet to excel, and eventually, go "Ok, I'm good allocating 'this' for 'that'". And I do go back and stare at it the next day, and the next day after that. Blow that dough?? Not really, but doing a well thought analysis of the portfolio, and projections going forward, and concluding, ""ok, we will allocate $XXX for travel each of the next 3 years, and $XXX to improve the house".
#resteasier