Can I live off $35K a year?
I'm trying to see if I can accomplish a personal goal - I want to live off $35K/year (I make $135K)
Is this possible?
My monthly bills are as such:
Home insurance - $75
Car insurance - $116
Gas (car) - $150
Mortgage - $990
Property taxes - $350
Internet - $55
Cell - $80
Utilities - $50
Gas (home) - $70 (average)
Electricity - $150 (average)
Food - $200 (average)
TOTAL - $2286
Other than what I have left on my house's mortgage ($190K), I don't have any debt.
I don't drink, go out to eat 2 times/month to average priced places, and get around most places by walking/bicycle (the car is just a fun thing for me to enjoy on weekends/evenings).
Is getting by on $35K/year doable?
Any thoughts on making this a reality?
Thanks
Is this possible?
My monthly bills are as such:
Home insurance - $75
Car insurance - $116
Gas (car) - $150
Mortgage - $990
Property taxes - $350
Internet - $55
Cell - $80
Utilities - $50
Gas (home) - $70 (average)
Electricity - $150 (average)
Food - $200 (average)
TOTAL - $2286
Other than what I have left on my house's mortgage ($190K), I don't have any debt.
I don't drink, go out to eat 2 times/month to average priced places, and get around most places by walking/bicycle (the car is just a fun thing for me to enjoy on weekends/evenings).
Is getting by on $35K/year doable?
Any thoughts on making this a reality?
Thanks