At the beginning of every year, I like to assess my budget plan in light of past performance and make tweaks to push the mechanics in one direction or another. The 2012 budget panned out fairly well, so I felt the need to make only small changes heading into 2013, which I will outline here.
At a minimum, I have to adjust every year for changes in the valuation of the US dollar (USD) against the Japanese yen (JPY). I may also choose to scale the overall target forward or back depending on whether I feel that the overall rate of collection growth is too fast or too slow. The 2012 budget produced a net of 15 figures, which is pretty much exactly what I had budgeted for, so I’m not looking to make any changes there. It’s only going to be currency adjustments for this year.
To calculate the actual sums that are assigned to the rolling and lump sum allocations, I created a spreadsheet—basically the same one as last year, only with the 2012 USD/JPY numbers instead of 2011—to project the cost of buying a certain number of figures over the course of a year in JPY, based on historical pricing and personal experience, then used the 2012 USD/JPY average (¥79.9 per USD) to convert to dollars for my actual budget.
The result is a new monthly rolling budget of $140/month, down from $145/month in 2011, while the lump sum allocation will drop to $660/year, down from $700/year. The remainder of the 2012 budget rolls over into the 2013 budget as well.
I toyed with the idea of changing the dual budget strategies to feed one monetary pool rather than two separate pools, as is currently the case, in the interest of reduced administrative overhead and greater flexibility.
The original intent of keeping the two budgets separate was to eliminate the temptation to dip into the rolling budget to chase after pricy used figures on the secondary market. With 2012 being the “year of the re-release” as it were, the market showed us that waiting for a re-release is often a viable strategy, so I feel a little less inclined now to pay top dollar on the secondary market if I feel that there’s a good chance that a given figure will come around again. That said, some manufacturers don’t seem to do re-releases (Max Factory, anyone?) and there are still some bargains to be had after release if you’re paying attention.
At the end of the day, I couldn’t quite convince myself that it made sense to make the switch, so I’ll tough it out with the current system for another year.
That’s the plan! Check back at the end of June for the mid-year progress report. To those of you formulating your own budget strategies, did you make any adjustments headed into 2013?