Debt Dumpers 2025

[Gr8t Fan]

so anyone else starting to go over their year end numbers and plot out their new year's budget? i'm looking at what I had budgeted vs actual costs and making some adjustments to auto transfers I have set up between my checking and sinking accounts. it's difficult with the way prices are these days to estimate how much some costs will increase so i think I'm just going to add (ideally) more than I think I will need and if at this time next year if there's any excess it can roll over into the following year.

Definitely adding $100 - $150 a month to our grocery and insurance allocations. The only direction they've been going is up, up, up!

 

[amalone1013]

so anyone else starting to go over their year end numbers and plot out their new year's budget? i'm looking at what I had budgeted vs actual costs and making some adjustments to auto transfers I have set up between my checking and sinking accounts. it's difficult with the way prices are these days to estimate how much some costs will increase so i think I'm just going to add (ideally) more than I think I will need and if at this time next year if there's any excess it can roll over into the following year.

Hoping to do this this week so DH and I can review next weekend. Found out this month our HOA dues are doubling

 

[barkley]

Hoping to do this this week so DH and I can review next weekend. Found out this month our HOA dues are doubling

are they doing some kind of large scale repairs or improvements?

 

[amalone1013]

are they doing some kind of large scale repairs or improvements?

We have a community well for water. The system is over 20 years old now so repairs have gone way up along with cost increases. When the current board got in a few years ago, they found the previous members weren't doing anything when people didn't pay, and they were really juat maintaining/ running in the negative each year and covering it from the reserves. The new board also had to put in a new well which ate into the reserves because more homes had been built and the old couldnt support demand. They've done some things to optimize and minimize costs but they are increasing to cover increased maintenance and rebuild reserves. Its going from $50 to $100 a month. Its a very hot topic on the neighborhood Facebook page...