It is very simple to look at your bills that you know are always there and figure out close to what you will be spending. You don’t need fancy software or spreadsheets. I can do it in 5 or 10 minutes off the top of my head.I always add in something for unexpected expenses and project things will cost more down the road.
I keep 30K in our checking account and if it falls below I transfer some in from our brokerage.
We have about 500 a month in Muni bond interest and our SS added in every month and the last 2 years our checking account has stayed around 32 to 36K.
We are lucky because our SS covers our basic expenses.
‘With the 2023 increase our combined SS will be 75,000. Never in my wildest dreams 10 or 15 years ago did I expect that from SS.
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Post: Seeking Input on Medicare Supplement Carriers
Link to comment from August 3, 2025
Thanks for another thoughtful article
Post: Spending It
Link to comment from January 12, 2025
Such a wake up call. Thank you.
Post: On the Clock
Link to comment from August 19, 2024
It is very simple to look at your bills that you know are always there and figure out close to what you will be spending. You don’t need fancy software or spreadsheets. I can do it in 5 or 10 minutes off the top of my head.I always add in something for unexpected expenses and project things will cost more down the road. I keep 30K in our checking account and if it falls below I transfer some in from our brokerage. We have about 500 a month in Muni bond interest and our SS added in every month and the last 2 years our checking account has stayed around 32 to 36K. We are lucky because our SS covers our basic expenses. ‘With the 2023 increase our combined SS will be 75,000. Never in my wildest dreams 10 or 15 years ago did I expect that from SS.
Post: To Budget or Not?
Link to comment from October 13, 2022