Non-inflation
adjusted table:
Observations:
-
Education
expenditure is up. Expect to raise further next year.
-
Car
insurance cost dropped by 3.5%. No claim period and shopping around allowed us
to select cheaper car insurance. Another reason - we happened to pay twice for
our car insurance last year for 2011 & 2012.
-
We
spent less on vacation this year. Last
year family trip cost us almost 2,200 more and there was a short break as well.
-
What
is missing from the budget are annual savings towards durable goods. At the moment this is 7,000 a year.
For
the next year, I expect to:
-
Educational
cost to raise further by $8,000.
-
Spend
more on clothes. We have been intentionally curtailing our demands but there
will naturally need to buy some.
