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12-16-2008, 10:15 PM
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#221
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Moderator Emeritus
Join Date: May 2007
Posts: 12,901
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Quote:
Originally Posted by aaronc879
Considering I only take home $2200/mo I guess I can live on less than $3K/mo. In fact I wouldn't know how to spend that kind of money. My paychecks are ~$1100. Every other one goes into long-term savings so I only live on $1100/mo and that includes a mortgage and "fun money".
Mortgage(includes prop. taxes) - $375
Condo Fee(includes water) -$110
Electric(heat) avg. -$100
Groceries(general household items) -$200
Cell Phone/internet -$ 90
Car insurance,maint.,gas avg. -$150
Discretionary spending/
short-term savings -$ 75
TOTAL $1100/mo
This isn't scrimping too much for me because growing up this would've seemed like living in luxury.
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Wow Aaron, I used to live on such a small budget when I was in graduate school in the late 1990's. From memory, my net income back then was only $1100 a month. I think my rent was around $350 a month. And I was spending about $200 a month on groceries (lots of ground beef, rice-a-roni, hamburger helper, frozen pizza, etc...). No cell phone, no internet, no cable, just a local landline and a cheap phone card for long distance and international calls. Pretty much my only entertainment was a couple of beers with buddies on Friday night and perhaps a movie at the $1.50 theater every once in a while. If I remember well I used to save about $400 to $500 a month (short term savings for tuitions, books and a yearly trip home). I still have the checkbook register from that era and I love looking at it some time to time to remind me how cheap one can live. The reason I was able to save so much was because... I used to live on even less for the previous 5 years.
In college, I had no car, no TV (not even a B/W TV with bunny ears), no computer, no internet, no cell phone. Rent was $200 a month including condo fees (150 sq. ft. condo). No heating or cooling. Groceries was less than $100 a month. I ate only one decent meal a day (lunch) and I would probably not recommend it health-wise. Grocery shopping was hard as I had to make tough decisions in order to maintain a nutritious yet appetizing diet. No entertainment except my trusty radio, free student parties, time spent with friends and walks in the park. The funny thing is... I miss those days most!
Off course things have changed a lot since then, married, house, pets, life insurance, disability insurance, cars, etc...
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12-16-2008, 10:40 PM
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#222
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2006
Posts: 5,350
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Quote:
Originally Posted by tmm99
aaron,
Where are the veggies!!?
tmm
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What are veggies?
Seriously, the only veggies I get are the nuked ones in my campbell's chunky chicken with vegetable soup I have 2-3 times a week.
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12-16-2008, 10:59 PM
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#223
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2008
Posts: 5,214
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A friend of mine said one time that he was having several servings of veggies, pointing out the lettuce and tomato slice in a burger, the french fries (!) AND tomato ketchup, so I guess your chicken with vegetable soup's gotta count (and is probably much better for you than a burger with fries!)
tmm
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12-16-2008, 11:04 PM
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#224
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2008
Posts: 5,214
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Quote:
I used to live on such a small budget when I was in graduate school in the late 1990's. From memory, my net income back then was only $1100 a month. I think my rent was around $350 a month. And I was spending about $200 a month on groceries (lots of ground beef, rice-a-roni, hamburger helper, frozen pizza, etc...). No cell phone, no internet, no cable, just a local landline and a cheap phone card for long distance and international calls. Pretty much my only entertainment was a couple of beers with buddies on Friday night and perhaps a movie at the $1.50 theater every once in a while.
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That actually sounds like the good ol' days to me. I remember eating ground beef a lot too in my early 20's. Rice-a-roni and hamburger helper too. Getting ice cream at DQ was a treat. My rent was $330/mo in AZ. Roach infested. None of those things bothered me. I cannot imagine a life now with no internet access though.
tmm
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12-16-2008, 11:13 PM
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#225
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Moderator Emeritus
Join Date: May 2007
Posts: 12,901
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Quote:
Originally Posted by tmm99
That actually sounds like the good ol' days to me. I remember eating ground beef a lot too in my early 20's. Rice-a-roni and hamburger helper too. Getting ice cream at DQ was a treat. My rent was $330/mo in AZ. Roach infested. None of those things bothered me. I cannot imagine a life now with no internet access though.
tmm
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LOL! My apartment was also infested with bugs! I had internet access at work and, back then, that was enough for me. But now it'd be more difficult to do without internet access at home...
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12-17-2008, 12:28 AM
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#226
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Thinks s/he gets paid by the post
Join Date: Sep 2008
Posts: 2,171
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Quote:
Originally Posted by aaronc879
On days I work I make a frozen pizza at about 2:30pm. I eat 6 pieces and put the other 2 in my lunch bag for work. At approx. 11pm I have "lunch" at work. I have my other 2 pieces of pizza along with a cup of easy mac. I also have a bag of doritos and a pack of nutty bars both of which I by in bulk at low prices. Sometimes i'll take a short snack break around 3am and have another pack of nutty bars. When I get home at 5:30am I have two packets of instant oatmeal, check my e-mail, then go to bed.
On my days off it varies a little more but I often have pizza then too. I have dinte mores beef stew and campbells chunk chicken with vegtable soup instead of easy mac and doritos. I'll often snack on cookies throughout the day. Sometimes i'll eat peanut butter out of the jar with a spoon as a snack(cheap and high protein).(snip)
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What, no Top Ramen?
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12-17-2008, 06:16 AM
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#227
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Thinks s/he gets paid by the post
Join Date: Dec 2007
Posts: 4,764
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Cheaper if you bought those 20lb bags of beans and rice. Big markup on those frozen pizzas and nutty bars
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12-17-2008, 06:22 AM
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#228
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Moderator
Join Date: Sep 2006
Posts: 4,065
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That was a staple for me in college! That, along with hot dogs and mac and cheese. I also used to love breaded frozen fish with tater tots that I threw into the toaster oven. Oh, the simple days, when you didn't have to worry about nutrition or calories!
My grocery bill in college was around $100/mo. It's more like $400+ now, for 2.
__________________
simple girl
less stuff, more time
(55, married; Mr. Simple Girl, 59. FIRED 12/31/19!)
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12-17-2008, 07:10 AM
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#229
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Moderator Emeritus
Join Date: Feb 2004
Location: minnesota
Posts: 13,228
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Quote:
Originally Posted by Moemg
Thinking about it to have $36,000 a year without pension or SS you have to have $900,000 in investments . That is a decent amount especially after this year . If you subtract a reasonable SS $1,600 a month you need $672,000 in investments still a decent amount so $36,000 a year is nothing to sneeze at . What I 'm wondering is what do you do if your budget is $36,000 all supported by investments and your investments drop by 30% or more which happened this year ?
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That is the issue. It is hard to trust the 4% when it happens to you, and there likely isn't a lot of fluff in the budget.
__________________
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No more lawyer stuff, no more political stuff, so no more CYA
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12-17-2008, 07:34 AM
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#230
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Thinks s/he gets paid by the post
Join Date: Oct 2006
Posts: 1,076
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Quote:
Originally Posted by simple girl
That was a staple for me in college! That, along with hot dogs and mac and cheese. I also used to love breaded frozen fish with tater tots that I threw into the toaster oven. Oh, the simple days, when you didn't have to worry about nutrition or calories!
My grocery bill in college was around $100/mo. It's more like $400+ now, for 2.
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In law school, my wife and I would clip coupons from the student newspapers. We found a Burger King coupon (buy one Whooper, get one free) with no expiration date -- bingo! I swear we must have hunted down at least 200 copies of that newspaper soon after our discovery and had a meal at the local Burger King at least once a week for the 3 years we lived in Manhattan. I seldom eat Whoopers these days, but when I do, it brings a great big smile across my face. We also had something called the student-faculty tea every Tuesday afternoon, where there was loads of free wine, cheese, pastries and veggies -- that was our evening's dinner. One thing about living in Manhattan and attending school there -- it's a good place to be poor and hungry -- as you can always find free or cheap eats. It's also a great place to be in love with someone!
__________________
Someday this war's gonna end . . .
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12-17-2008, 07:34 AM
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#231
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Oct 2005
Location: North Oregon Coast
Posts: 16,483
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Quote:
Originally Posted by Martha
That is the issue. It is hard to trust the 4% when it happens to you, and there likely isn't a lot of fluff in the budget.
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Which is why I'll probably only use 4% if there's a fair amount of discretionary spending that can be cut in a terrible market like this one, and closer to 3% if not.
__________________
"Hey, for every ten dollars, that's another hour that I have to be in the work place. That's an hour of my life. And my life is a very finite thing. I have only 'x' number of hours left before I'm dead. So how do I want to use these hours of my life? Do I want to use them just spending it on more crap and more stuff, or do I want to start getting a handle on it and using my life more intelligently?" -- Joe Dominguez (1938 - 1997)
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12-17-2008, 09:39 AM
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#232
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Moderator Emeritus
Join Date: Sep 2007
Posts: 17,774
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We survived on frozen chicken pot pies--they had some kind of veggie in them, too, so that counted. I wonder how much they cost today.
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12-17-2008, 10:00 AM
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#233
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Full time employment: Posting here.
Join Date: Jul 2008
Posts: 622
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Quote:
Originally Posted by Bestwifeever
We survived on frozen chicken pot pies--they had some kind of veggie in them, too, so that counted. I wonder how much they cost today.
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One marie calenders frozen chicken pot pie is like 650 calories so a couple of those and you're set for the day.
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12-17-2008, 10:22 AM
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#234
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Oct 2005
Location: North Oregon Coast
Posts: 16,483
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Quote:
Originally Posted by Frugality_of_Apathy
One marie calenders frozen chicken pot pie is like 650 calories so a couple of those and you're set for the day.
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I think they're more than that. IIRC, the nutritional label on those things claim that one pie is TWO servings. (Yeah, right.) So take what's on the label and multiply by two, and you'll feel the big one coming...
__________________
"Hey, for every ten dollars, that's another hour that I have to be in the work place. That's an hour of my life. And my life is a very finite thing. I have only 'x' number of hours left before I'm dead. So how do I want to use these hours of my life? Do I want to use them just spending it on more crap and more stuff, or do I want to start getting a handle on it and using my life more intelligently?" -- Joe Dominguez (1938 - 1997)
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12-17-2008, 10:35 AM
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#235
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Moderator Emeritus
Join Date: Sep 2007
Posts: 17,774
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Marie Callender's would have been much too nice and too expensive if they even existed back then--it was Banquet, baby, all the way, at 370 cals a pot pie!
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12-17-2008, 10:40 AM
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#236
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Thinks s/he gets paid by the post
Join Date: Oct 2006
Posts: 4,629
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Yep, I remember the calorie count on those Banquet pot pies. Easy and cheap and filling on a cold night. I tried all the varieties, but always went back to chicken.
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12-17-2008, 11:39 AM
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#237
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2007
Location: New Orleans
Posts: 47,500
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When I was around 20-25 and a student I went with the generic mac 'n' cheese as my cheap staple food. It cost 18-21 cents a box at that time. I must not have eaten much of it or anything else because my memories are of feeling as though I was starving all the time. I was skinny as a rail.
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.
Happily retired since 2009, at age 61. Best years of my life by far!
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12-17-2008, 12:20 PM
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#238
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2006
Posts: 5,350
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If I liked beans or rice i'd buy a lot of them but I don't. To the person who mentioned top ramen: I moved up to easy mac. It's 75cents a cup instead of 33cents but well worth it to me.
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12-17-2008, 12:22 PM
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#239
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Full time employment: Posting here.
Join Date: Jul 2008
Posts: 622
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Quote:
Originally Posted by aaronc879
If I liked beans or rice i'd buy a lot of them but I don't. To the person who mentioned top ramen: I moved up to easy mac. It's 75cents a cup instead of 33cents but well worth it to me.
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You gotta get the brick form of top ramen. It's only 10 cents and you can drain out some of the water before adding the spices which you can barely taste in that cup'o'ramen.
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12-17-2008, 12:30 PM
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#240
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Oct 2005
Location: North Oregon Coast
Posts: 16,483
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Quote:
Originally Posted by aaronc879
If I liked beans or rice i'd buy a lot of them but I don't. To the person who mentioned top ramen: I moved up to easy mac. It's 75cents a cup instead of 33cents but well worth it to me.
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I could eat very cheaply on beans and rice and recipes using them. The problem is that my wife doesn't like beans. I suppose I could make something for myself, but beans and rice don't freeze all that well -- and if I made something only for myself, it would need to be something I could put into single-serving sized bags and freeze.
__________________
"Hey, for every ten dollars, that's another hour that I have to be in the work place. That's an hour of my life. And my life is a very finite thing. I have only 'x' number of hours left before I'm dead. So how do I want to use these hours of my life? Do I want to use them just spending it on more crap and more stuff, or do I want to start getting a handle on it and using my life more intelligently?" -- Joe Dominguez (1938 - 1997)
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