To get a full background on this journey, please see part 1.
In short, I need to cash flow nearly $40,000 of expenses in addition to paying off my living expenses and my outstanding debt.
I have four main categories of things I am paying for this year.
2022 SET IN STONE EXPENSES
Expense 1 – $8,000
I have paid off about $6,000 of this and have $2,000 left to pay.
I still regret this purchase.
Expense 2 – $22,300
I have $12,300 left to pay on this. It’s on an 18 month 0% APR credit card for now.
POTENTIALLY VARIABLE EXPENSES
Expense 3 – $3,860
In total, I ended up spending $4,206.35 and I am still mad.
Expense 4 – $5,000
So far, I have spent $35.74 in this category.
Thoughts Thus Far
So far this year, I have spent $18,827.89. This does not include any of the spending mentioned above. Trended out, my spending is above my ideal FIRE number. This makes me feel like I need to reign it in. It’s only been about 4 months into the year as I write this. If the next 8 months of my living expenses are like this, I will probably end up spending about $56,000-$60,000 this year. While that is not the most ridiculous number, it’s also more than I would like.