[QUOTE=l2ridehd;270555]I know a couple who live on 32K per year. They paid cash for their home, paid off the bond, and live what I would consider a frugal but comfortable life style. They have one car, one golf cart, only play on the executive courses, go out to eat only once a week (usually an early bird special) and only take one two week vacation a year to someplace else. I am not sure if they have health insurance expenses or not. They figure the total expenses of living in TV at about $1000 a month. That includes taxes, insurance on house and car, fees and utilities. That leaves them another $1500 a month for everything else and 2K each year for vacation. They own a small designer home and are careful what they spend. They also have a small emergency fund put away. No idea how big that is. So I would believe if you can not have a mortgage that 50K a year would be comfortable. A life style that is not for everyone, but works well for some.[QUOTE]
Sounds like this couple should be on here, answering questions like this.
__________________
St. Louis; Southern Illinois; Lake City, FL; Jacksonville, FL
|