Looking Ahead: The Long Range Budget

Every family knows that it takes sacrifice to achieve the dreams you have for yourself and for your family. This dreamwork also takes a long range budget.

Since our family income and expenses are quite simple, I can create this budget using a simple chart of income, expenses, and needed savings to reach those long range dreams of a college education for each child, a family celebration now and then, upkeep for the home, and a healthy diet of food and activity.

When you create the budget and outline the desired events, it makes it much easier to deny a quick pleasure in order to reach that long term dream.

Of course, there's always the unexpected events and expenses, and if possible, it's a good idea to set some money and time aside so that you're prepared as you can be for the unexpected.


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