I'm glad we did two major upgrades last and early this year- wheels and fork. Now with the exchange rate it won't mean we will be looking at upgrading the tandem (however the upgrades will do for now). We are also at the stage naturally that we have done quite a few events and have already weeded out the ones that we only want to do once and which ones we will keep going back to, so that is also factoring in as well as if we can get free entries via our jobs or other means.
Most our spending now will be on disposables such as tubes and tyres and maintainence. Thankfully we are a position to do that now.