Ever since we got the surprisingly low estimate for Tim’s implants, I’ve been crunching numbers in my head. I’d like to avoid going into debt, so I’m going to give us til October to come up with the funds. But we may still be short.
Part of the problem is that I don’t know how much Tim’s implant-supported dentures will be.
I tried to get a ballpark over the phone, but they wouldn’t give one. They said it depends on too many variables. All I know is that they don’t cost the same as normal dentures, which fills me with dread.
So for now I’ll assume a price tag of $6,000 and desperately hope to be pleasantly surprised. If not, we’re looking at a total of $20,000.
By my estimates, we’ll have about $10,000 left in April after we pay for the HVAC and a particularly nasty credit card bill.
So where do we get the other $10,000 by October?
Savings (future deposits)
I’ve been putting $200 a month into savings. That’s $1,400 over the next seven months.
Last year I put more than $2,200 into savings from this Capital One 360 account.
Unfortunately, I’ve gotten a little careless lately, mainly putting in just the $92 we’re saving with Hulu. As of this weekend, I’m refocused and am putting in grocery and online coupon savings.
The current balance is right around $415. Only because of various rebates and referral bonuses from cash back sites, but what matters is that it’s there.
With my renewed efforts, I should have $600 to deposit in April.
If I can do that for the second and third quarter of the year, Saved Savings should provide at least $1,800.
I kind of fell down on the previous project I had. It was sort of a charity project from my boss, so it didn’t really have any precedence. He just thought something up since we had the car incident.
So I can get back on that, assuming my boss still wants it finished. It would mean another $1,000, give or take.
In addition, the other gal at work has been rallying for days off. I can offer to cover one weekend a month for her for the foreseeable future. That’d be around $3,000 over the next seven months.
That’s another $4,000
I’ve been putting $100 into the HVAC account every month. Once the unit is installed, I can deposit that into savings for another $700 by October.
We’re currently putting away $50 a month for an anniversary dinner at Ruth Chris. Tim has wanted to for years now. As of my May paycheck, we won’t be saving for that any more. I can put the $50 into savings for an extra $300.
Tim borrowed against his future fun money. I know, that sort of defeats the purpose of the fund, but it was kind of a now-or-never thing.
His fun money will be deposited into savings each month until it’s paid back after September. (Just in time for the surgery, which is why I said it was okay.)
That’s another $900 back into savings.
That leaves us around $900 short. Assuming no major repairs crop up, and we’re probably not that lucky.
If we are short, it’ll just have to come out of the emergency fund, and we’ll focus on rapid repayment. If I get a bonus again this year, that should be pretty easy.
So I guess it’s doable. I’m as shocked as you are.
What big projects are you guys saving for?