The idea of "pre-paying" for anticipated Future expenses is something I do on a regular basis. My budgeting notebook has additions for Future expenses like auto repair. My laundry room has a 5 pound coffee can for each use contributions for the eventual repairs.That's why I found this blog post about buying baby diapers in the month's before the birth such a neat idea.
"Building a diaper stockpile before the baby is born is one of the smartest ways to prepare for the new addition to the family. New parents often overlook this and are bombarded with the true expense of diapers, wipes, formula (if not able or willing to breastfeed) and other unexpected costs. And let’s not forget about the sucker punch of childcare expenses! Here’s how to build your diaper stockpile so that your hubby’s not having to run to Walgreens at 9 pm after you tried to make it through the day, but little one had a massive blow-out. (Trust me: it will happen.)"
Being a bachelor I've not had to do the whole "Look its a BABY!" thing. Still I can see the wisdom and the money saving of beginning to buy supplies you will need in the first year of its arrival, in the year before it arrives.
I wonder, what other such events/situations, could you apply a forward purchase schedule to save money?