Do any of you have motorcycle budgets?
ie.
a) money you set aside for accessories, gas, repairs, maintenance?
or
b) a fund for a new motorcycle or a fund pile for upgrades?
I am going to be devoid of a car payment next year (thank GOD) and I was just wondering if you "pay as you go" like I do now, or have stuff set aside specifically for your bike and its "needs" : )
I initially didn't budget. I've been doing it recently, though, because it really adds up.
budgeting for motorcycle is sad...you finally realize how big of money pit your bike is :(
so i rather not have a budget :lol:
actually....I do the reverse....I budget out all the bills, gas, food, and fun $$....whatever's left over is my bike fund....or car fund.....or Ikea fund....depends on what month it is, and what I really want to buy....
I don't budget per se, but I do track spending fairly obsessively (with everything, not just the motorcycle) so I always know where the money is going and if I'm spending more on something than I have in the past.
i don't budget at all. if i need something, i buy it. somehow, the money is always there.
Quote from: Arcanei don't budget at all. if i need something, i buy it. somehow, the money is always there.
+1. I don't budget anything. I don't use a check register, and I rarely keep receipts. I am pretty haphazard from a financial standpoint. If I don't have the money - I save for it or I don't get it at all. I pay my bills first, have auto deductions for my savings, and then whatever is left I put toward whatever it is I want. Is this the best way? No prolly not :P
Yup. I budget. I have the car fund, the moto fund, the bills fund, the fun fund (which is usually too empty :P)...heck, I don't think I've missed a category. :lol:
Quote from: PhaedrusQuote from: Arcanei don't budget at all. if i need something, i buy it. somehow, the money is always there.
+1. I don't budget anything. I don't use a check register, and I rarely keep receipts. I am pretty haphazard from a financial standpoint. If I don't have the money - I save for it or I don't get it at all. I pay my bills first, have auto deductions for my savings, and then whatever is left I put toward whatever it is I want. Is this the best way? No prolly not :P
heh...i thought i was the only one. :thumb:
Quote from: JetSwingbudgeting for motorcycle is sad...you finally realize how big of money pit your bike is :(
so i rather not have a budget :lol:
or trackdays. my wife tracks all our spending and there are line items for motorcycle, which includes any maintenance items, aftermarket, tires, trackdays, etc. mines about $1800/yr.
Phaedrus and Arcane, the reason we budget is to know how much money we're spending and how we can save. Sure there's plenty of it there-like I ever actually check the budget for trackdays!-but its a good tool to plan our future. helps when you have kids...
Quote from: Arcanesomehow, the money is always there.
I had the unfortunate experience in my youth of that not being true. I suppose I'm overly obsessive about it these days as a result.
Quote from: Arcaneheh...i thought i was the only one. :thumb:
Definitely not...my wife is the same way. I think she balances her accounts a couple times a year...and even then, only because I start giving her dirty looks. Sometimes I think she does it just to try to give me a stroke..."Hmm...I hope this check doesn't bounce." :x It seems to work for her, so who am I to argue?
:lol:
$40/month. Not including gas, chains, sprockets, sparkplugs, oil and oil filters.
I buy what i need as it comes so far. But I know there is a few things that I will wait till after the months bills are paid to get. I guess i just pay bills first then the leftovers go to bike stuff, fun, random junk..