Carl....after several hours of intense scrutiny of your financial
scenario, I noted a serious flaw in your plan:
The last item in your spreadsheet, although wisely placed in the initial
expense category, should also be budgeted in as an ongoing cost, perhaps
even figured into an hourly reserve with a fairly reasonable amount
expensed quarterly or even more often.
In my case, I have found that a modest amount from the flying fund applied
to the [wife] reserve category pays back immense divedends when I wish to
use the [weekend at the airshow] or [take buddies to remote location]
entertainment section.
Of course, your results may differ.
;^)
- - - -
Al Gilson
Skyhawk N3082U
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Al Gilson
Spokane, WA USA
1970 VW Convertible
1964 Cessna Skyhawk
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