Real Estate Agent · Jacksonville, FL · Member since 2015 · 1k+ posts · 1k+ votes
I keep running into articles about people who live an extreme austere life styles and do not work full time. (I call dibs on idea for the reality show featuring that life style).
I do not want to eat ramen noodles 6 days a week and drive a 25 year old beater. I like to eat in restaurants and buying something if I want it. The notion that I (we) are just puppets to media and the american team and should live under a rock so we do not have to work seems over the top.
My goal as with many people on this site is to develop enough passive income to that on Jan 1, I know all my fixed expenses are covered. In the mean time I do not want to live a life of self imposed impoverishment, then someday to live the same life with out a regular job.
I am not advocating being frivolous and wasting money, but to spend all my time finding ways to save a few pennies, seems counterproductive to enjoying ones life.
When I was in college I could get a can of tuna (protein), macaroni and cheese (carbs), and a can of cream of mushroom soup (flavor) for about $1.10. It's more nutritional than Ramen.
When I was in college I could get a can of tuna (protein), macaroni and cheese (carbs), and a can of cream of mushroom soup (flavor) for about $1.10. It's more nutritional than Ramen.
I agree if you choose or had to live on a very limited budget, there are ways to be healthy.
Quick question - Is the town you live in pronounced "COFFEE VILLE"? If it is I am moving there immediately! Mornings must be a much happier place.
When I was in college I could get a can of tuna (protein), macaroni and cheese (carbs), and a can of cream of mushroom soup (flavor) for about $1.10. It's more nutritional than Ramen.
I agree if you choose or had to live on a very limited budget, there are ways to be healthy.
Quick question - Is the town you live in pronounced "COFFEE VILLE"? If it is I am moving there immediately! Mornings must be a much happier place.
Two retired army colonels started this town after the Civil War. Colonel Parker and Colonel Coffee. They flipped a coin to decide who would name the town. Guess who won the toss?
If you adopt an extreme austere life style, do it for a short time to achieve some goals, then it's doable.
About three years after I married, we saved $10K towards a house, with help from my mother in law, managed to buy a house. Then the problems began. Between the 16% mortgage, two car loans, our monthly expenses exceeded our monthly income. That was 40 years ago, our salaries was in the range of mid management. So the problem was in our life style.
So we came up with a plan, We were to cut out eating out, newspapers, cable TV. We were going to brown bag lunches. Seems extreme. But that only balanced the budget. The problem was the mortgage and car loans, car insurance which ate up half the budget.
We were from NYC, and job transferred to NJ, In NYC, we can ditch the cars, live in a 3 family. If we can find a 3 family in NYC, live in it rent free, we're good. So I found a job back in NYC, made $10K/year more, then searched for the 3 family. Took almost a year, and found one cheap enough that we lived rent free.
When that happened, moved, we ditched the 2 cars we had, and rode the subways and buses again. It was hard at first. And indeed, living rent free, and car free, we were able to save $2,000 to $2,500 a month. Then 3 years later, my wife got a new job, at first at $20k more per year. When that happened, bought a brand new car all cash (job was in NJ), bought another 2 family rental, and a year after that a SFH rental. And then we also managed to have a brokerage account totaling some $20K.
We also thought about taking on another job. But thinking about it, it made more sense, and less stressful, to ride subways and buses compared to spending another 30 hours a week working. And then I had a co-worker who had to borrow newspapers to read, and brown bag lunches. In a way, I felt sorry for him.
When I was in college I could get a can of tuna (protein), macaroni and cheese (carbs), and a can of cream of mushroom soup (flavor) for about $1.10. It's more nutritional than Ramen.
I agree if you choose or had to live on a very limited budget, there are ways to be healthy.
Quick question - Is the town you live in pronounced "COFFEE VILLE"? If it is I am moving there immediately! Mornings must be a much happier place.
Two retired army colonels started this town after the Civil War. Colonel Parker and Colonel Coffee. They flipped a coin to decide who would name the town. Guess who won the toss?
I love it, I want to live at: 8 Cookie Circle Coffeyville or 1 Big Court Coffeyville Sorry I could not resist!