Reading through the comments from my last blog post from my blogging friends made me realize that many of you don't understand where I'm coming from. I know that I've made decisions that have made many of you probably raise your eyebrows.
When we decided to buy a new tractor and take on a loan for over $25,000, I think many of you didn't understand why we would do that. Last winter we had a huge amount of snow. It made us realize that we are easily snowed in here. We needed a reliable way to move the snow and our old tractor had broken down a number of times. Used tractors that were about ten years old were only about ten grand less. We bought new so we know how its been treated and we will have it for the next 20+ years.
One of the reasons that I was willing to buy it is because I see it as a necessity for living in the country. Before we moved, our property taxes were around $4800 annually. Since we moved here three years ago, they have been about $700 annually. After our tax abatement ceases, they will be around $2500 per year. We have already saved $12,300 in property taxes but we need to be more self sufficient out here.
Another way that I'm reminded of how personal finance is very personal is our decision to have another baby. Nobody has kids with the intention of saving money but we wanted another baby to complete our family. Childcare, diapers, clothing, food, school expenses, the list will always go on and we are okay with that.
I understand that I'm not going to get every PF blogger out there. As I look at the decisions I have made, I need to remember to cut others slack.
What PF decision have you made that others didn't get?