Well I still have not received the OK from the CEO of Pitman Enterprises, but I guess I can share the proposed Budget with you before it is tossed in the trash and re-done.
What I am proposing at this time is a 4 and 8 Plan which will work in our case and give us a prolonged traveling time (in years not months) without soaking any moneys from the retirement
Nest Egg. The CEO has said many times that the
Nest Egg has to be secured for that place located who knows where for who knows what for who knows when. That being said this Budget does just that.
Now if you will notice there are really two budgets below. One of the budgets is for
Traveling and the other is for, what I refer to as
Stationary.
The
Traveling Budget shows moneys spent on Rent and Diesel that differ from the
Stationary Budget. The reason being…We will spend more on diesel and rent traveling than we will while stationary. Also our entertainment will vary more on the stationary side. So if you will notice the bottom line on the
Traveling Budget will be more than the bottom line on the
Stationary Budget…thus the savings will be re-invested each year back into the
Nest Egg.
OK you ask what does this all mean? It simply means that while stationary we will be building our retirement
Nest Egg and not spending it on rent and fuel. This will, if we so desire, give us more money to travel on the next year. Or if we decide to follow the same budget we can build the
Nest Egg. Either way the initial
Nest Egg stays the same plus the interest that it builds over the year.
Now, this plan calls for a stationary base to live at while in the 8 (which will not necessarily be consecutive months) month holding period. We have that secured so far with our daughter and her husband. They own land in the Wills Point area so this will be our Home Base. Of course this does not come totally rent free…we have a minimum electric cost paid monthly for power. Water will be negotiated out in babysitting time and yard care…which I have a feeling will be a little lopsided to say the least…but not to worry…it will be well worth it.
Also keep in mind as time goes forward and the Nest Egg builds we could lengthen the 4 month Traveling Budget time line and shorten the Stationary side.
2009 Rough Draft (without CEO approval)
Stationary BudgetFixedInsurance $250.00
Medical/Meds $295.00
Home Base Elec $ 50.00
Truck/Trailer Care $ 50.00
Telephone $100.00
Groceries $350.00
Total Fixed $1094.00
BrokenDiesel Fuel $150.00
Rents $0.00
Misc $100.00
Clothing $25.00
Entertainment $50.00
Total Broken $325.00
Total Fixed and Broken $1419.00
Traveling BudgetFixedInsurance $250.00
Medical/Meds $294.00
Home Base Elect $50.00
Truck/Trailer Care $50.00
Telephone $100.00
Groceries $350.00
Total Fixed $1094.00
BrokenDiesel Fuel $500.00
Rents $500.00
Misc $100.00
Clothing $25.00
Entertainment $100.00
Total Broken $1225.oo
Total Fixed and Broken $2319.00
Any questions....As soon as this passes the boss I will let you know... but that will be...
Somewhere in Time