The Plan, Part Two

In yesterday's post, I outlined my goals and desires for the rest of this year.  In The Plan, Part Two, I will outline my goals and desires for the 12 months of 2014.  Basically, I want to add $200 per month to my savings account which will allow me to accomplish the 3 major financial goals I have for next year and still leave a cushion in the savings account for a cushion against things that come up from time to time in every one's lives.  

The first goal of the savings plan, is to set aside $500 as a base to my savings  that shall not be spent unless it is to cover the deductible part of the insurance policy on my new car.  This will allow me not to worry if some idiot makes a point to involve me in his stupidity by hitting my car.  I am a good driver with many years of experience and the caution that goes with it.  It has been more than 20 years since I have been involved in an accident of any kind, so it is not my driving that concerns me but those others on the road that are less cautious than I. 

The next two financial goals are flexible desires that can be subordinated to any emergency that may arise.  The first is to provide myself with a more powerful computer with a greater data capacity.  I believe I will be able to accomplish this for under $500 through Newegg,com which is where Will and I get all of our computer hardware components.  We have found that Newegg,com has the most reasonable prices available on the internet so of course that is where I will shop when the time comes.

The other item on the savings agenda is to replace my current bottom denture plate which, although broken, is still serviceable.   Through my current health care provider, this will cost me a $50 copay for the initial dentist visit for the impression from which they will form the denture plate and a $400 copay for the denture plate itself and the fitting appointments.  

Accomplishing these three things should still leave $900 to $1000 in the savings account at year's end as the aforementioned cushion against unpredictable events.  At this time I can not predict any other major purchases necessary or desirable for the foreseeable future.  I should then be able to add regularly to my savings as time moves forward from there.  

In addition to all the things I have delineated in The Plan, Part One and here in The Plan, Part Two, I will be investing $100 per month in Will in the form of an allowance starting with my first SSRB deposit. This will enable him to purchase the things he wants that I do not provide already and to invest further in his home based computer repair business.  I would like to see him build that business into a viable source of income for him so that in the event of the demise of my ability to provide for him as I do now, he will be able to support himself.  That is my grand design as far as I can see it for now.  We shall see how the execution goes in real time beginning in 21 days with the arrival of my first SSRB deposit.  

Your Midweek Musical Moment features a reprise of one of my favorites, the Concerti a Cinque, Opus 10 by Tomaso Albinoni with a performance by Simon Standadge and the Collegium Musicum 90.  The video is followed by a super sexy edition of Wet Wednesday for your viewing pleasure.  Thanks for sharing a part of your day with me, see you again soon.  Until next time as always, Enjoy!