Nice!! We’re currently on the hunt for a minivan too – our first! – though no luck finding one we both love yet (or at a decent price range, harumph…)

I’ve been doing the same thing with my “car payment” ever since I paid off my used Volvo wagon – gosh I loved that car, but my mechanic convinced me I needed to stop repairing it. My payments at that time were about $250/month, so that’s what I put away. Every year, I increase the payment by at least $25 – I’m up to $500/month now, or rather, $250 every pay period (which means an extra payment twice a year).

I’m on my third cash-paid minivan, which I’m hoping will last long enough for me to score something in the minivan or SUV category that’s electric or at least hybrid. We’re a Great Dane people, and I drive the “dog car” – no Nissan Leaf or Toyota Prius for me!

Haha, probably… but at least there’s a limited amount of damage they can do! ;)

~ M

Brilliant.. especially the longevity part! Wouldn’t have thought to include that nugget.

Score!!!

Let’s see how many new line items you can keep adding to it too over the years :) Great idea storing it in your spreadsheet to have all the goodies in one spot!

You are definitely onto something there with the “forever” payments :) Never thought of it in that regard but you’re right – it never does end! Unless you totally go car-less, which would also be a pretty magical thing, haha…

So glad you liked this :) And you’ll have to tell us how it goes if you do end up challenging yourself more!