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Personal Finance FAQ Series: How Do I Budget for One-Time Expenses?

Christmas comes around every year; yet, when it comes, we seem to be surprised and haven’;t budgeted for it. What about when the car finally goes to the parking lot in the sky and we have to replace it? Are we prepared?

This episode of the Hull Financial Planning personal finance FAQ series deals with how to keep from being surprised by those “unexpected” expenses which we know are coming.

How Do I Budget for One-Time Expenses?

What questions would you like to see me answer? Leave me a comment and let me know!

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Jason Hull, CFP®, was the co-founder of Broadtree Partners, a firm that acquires $1-5MM EBITDA companies. He also was the co-founder of open source search consultancy OpenSource Connections, a premier Solr and ElasticSearch firm. He and his wife FIREd (financial independence retire early) at 46 and 45, respectively. He has a BS from the United States Military Academy at West Point and a MBA from the University of Virginia Darden Graduate School of Business.

You can read more about him in the About Page.

2 replies on “Personal Finance FAQ Series: How Do I Budget for One-Time Expenses?”

Very good video! I have my pay check direct deposited into my bank account. A portion every week goes into a separate bank account just for Christmas. By the time Christmas rolls around, I have the money to pay cash for all of my gifts. I have always found this to be the easiest way for me to save for the holidays.

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