As a follow-up to my post last week about probably having to get adult braces (boo!), tomorrow I have my orthodontics consultation. I’m kind of dreading it, because I know what’s in my best interest is to fork over the thousands and thousands of dollars to get Invisalign braces.
They offer a 0% interest payment plan, but I don’t like the idea of having recurring payments like that (since I already have one with my car, and by next year – fingers crossed – a mortgage). So I guess my only other option is to save the money. But realistically, how long will it take me to save $5,000-7,000k? And how will it affect my other financial goals – like saving for retirement, saving for a down payment, and the travel plans I have this year?
I would consider trying to increase my income to offset the cost of adult braces, but if my goal is to already increase my income by 50% this year, I don’t think there’s much more I can do in that department, unless I want to stop sleeping.
So, if my goal is to save $7,000 in 1 year for braces, here is how much I would have to save: $585.33 each month (12), or $269.23 bi-weekly (26).
Is this a realistic goal? Yes.
But do I really want to wait another year to get adult braces? Not really. The longer I wait, the older I’ll be.
It’s a lot to think about, and it will be interesting to get an actual price quote from the consultation tomorrow.