Finance Dave
Thinks s/he gets paid by the post
- Joined
- Mar 29, 2007
- Messages
- 1,864
lol albyndyz...post a pic of the money coming out of your ears.
Wow, you’ll never want to move now!My 2020 spending was almost exactly double my 2019 spending.
I decided to do a major condo renovation in the middle of the stay at home restrictions. Floors, kitchen bathrooms, office, wetbar, etc. I had to move out for a few months, and since I was going to be out, I just went ahead and did everything I could think of. My AC could have limped along another couple of years but got a new one, I added redesigned closet system to the mix that I was originally going to do a few years down the road.
Apparently lots of people had the same idea. I am still waiting for closet doors to be delivered (8 months and counting) and a few other items had crazy delays.
But it was worth it.
This year I will hopefully be able to travel, and come home to my beautiful newly renovated condo!
Because our daughter moved in with us for the duration, our spending hasn’t fallen as much as it would have otherwise.
It still dropped off about $1K a month (15%) early in the pandemic. More recently, we have spent a little more on our house and a couple of AirBnB rentals, so have settled in about $400 a month lower than before.
Because of residual risk from COVID-19, I suspect that reduced domestic travel and restaurant meals may be long-term changes for us.
After discussing for years buying an RV, we pulled the trigger on a lovely class C in September to allow safer travel in the time of Covid. So overall, expenses increased by several 10s of $1000s.
We'll be doing most things once vaccinated, which I'm guessing will be in 45-60 days, but I'm somewhat skeptical about the prospects for herd immunity in the US.Well we'll be completely vaccinated on the 15th and we'd definitely do domestic car travel in the US. Not right away since so many places are closed and limited. But it wouldn't be fear of COVID that kept us home. We aren't big restaurant eaters anyway, but it is one thing we do when traveling.
We really can't achieve herd immunity at least until there is a pediatric vaccine since about 25% of the population is under 18.I'm somewhat skeptical about the prospects for herd immunity in the US.
My assumption is that there will be some continuing COVID risk