Budgeting is hard to do but certanily a worthwhile exercise. I have no experience at TV. From my own home true repair expenses are few and far between. Could be a garbage disposal, wahser, or a new roof. If this is what you are budgeting then I would assume you have a fixed monthly income and would put a few dollars a side each month for these expenses. Very good idea. Let's say you budget $50 per month and hope not to have any repairs for 5 years. That would give you $3,000 and should be more than adaquate. Replacing appliances would be the main item. You might want to mention what you consider as home repairs. For example is repainting the inside and outside something you will want to do every 5 years, 10 years? etc.
My cars are older - 3 at 10 years. The repairs tend to be $1,500 to $2,000 every couple of years. Replacing parts that wear out. I would say budget $50.00 on the low side and probably $100.00 on the high side per month.
I think I have read that cart insurance is about 150.00 a year. Definetly I would take this out of current income and not your resources.
Seems like cart repairs are a little like a car. Just a guess every 5 years you might need $500+ for new batteries. If you have a gas cart I think I would say the car repair budget will cover it. It should be reducing your car expense.
What you are actualy doing is taking part of your monthly income and building an emergency fund. This is the way to go. I could see taking items such as repainting the house in 10 yeas out of resources but the other items should come out of income and be budgeted. At some point you should be able to cut back on the amount you put into the fund if you do not have a lot of need.
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