Planning for a big event?
Is it a home remodel? That big family vacation to Disney? Replacing an automobile? Or even helping the grandkids with college?
We get it! We are all about enjoying retirement and having FUN - but before you splurge be sure to ask yourself these questions.
1. What is it?
2. When do we expect to spend this money?
3. What do we really need to accomplish this goal?
4. Do we really need this OR need to do this?
This way you can plan and avoid any unexpected surprises. Capital consumption events are a true commitment, after all, and you could be paying them down for months or years at a time. Read our guide on how to dissect your emotions and money for more advice.