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Re: $50 per day revisited
01-04-2005, 05:14 PM
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#21
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,708
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Re: $50 per day revisited
I didnt realize that handpuppets cost so much.
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
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Re: $50 per day revisited
01-04-2005, 07:31 PM
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#22
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Thinks s/he gets paid by the post
Join Date: Feb 2003
Location: Mesa
Posts: 3,588
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Re: $50 per day revisited
Quote:
I didnt realize that handpuppets cost so much.
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TH,
Like many others on this board, I often find your posts humorous and charming. Some of your posts contain valuable ensights.
Now is not one of those times and this is not one of those posts.
I hope you feel better soon.
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Re: $50 per day revisited
01-05-2005, 08:48 AM
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#23
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Recycles dryer sheets
Join Date: Aug 2004
Posts: 218
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Re: $50 per day revisited
We are about the same as salary guru, in the $175 a day range. We could spend a WHOLE lot more if we had the money, but we could cut things back to $100 a day pretty easily if we had to. I expect 2005 to average more than $200 per day due to more travel planned for this year.
__________________
Life is good.
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Re: $50 per day revisited
01-05-2005, 04:56 PM
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#24
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Recycles dryer sheets
Join Date: Oct 2004
Posts: 260
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Re: $50 per day revisited
Well at $50 a day I just spent a weeks worth of income on a pair of eyeglasses.
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Re: $50 per day revisited
01-05-2005, 05:24 PM
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#25
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Re: $50 per day revisited
Park the car and live on peanut butter and water
until February. You can do it!
JG
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Re: $50 per day revisited
01-05-2005, 10:23 PM
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#26
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Full time employment: Posting here.
Join Date: Sep 2003
Posts: 902
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Re: $50 per day revisited
Quote:
Well at $50 a day I just spent a weeks worth of income on a pair of eyeglasses.
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GTM, I got my last eyeglasses here and was satisfied:
http://www.39dollarglasses.com/
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Re: $50 per day revisited
01-05-2005, 10:56 PM
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#27
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Recycles dryer sheets
Join Date: Jul 2004
Posts: 94
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Re: $50 per day revisited
I could never even get close to $150 per day, never mind $50!!!
This year, my daughter's (future) school costs the equivalent of US$27.40 per day (US$10,000 pa) and she won't attend for another 3 years!
Once inflation is factored in over the next 20 years, you guys might be teaching me "How to Live US$22.60 per day"
Let's hope not though. :-/
__________________
50% Down in NW and Can't Stop Smiling!!
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Re: $50 per day revisited
01-06-2005, 06:48 AM
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#28
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Moderator Emeritus
Join Date: Dec 2002
Location: Oahu
Posts: 26,860
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Re: $50 per day revisited
Quote:
This year, my daughter's (future) school costs the equivalent of US$27.40 per day (US$10,000 pa) and she won't attend for another 3 years!
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At those prices I'd seriously consider homeschooling. Or a career in school management...
__________________
*
Co-author (with my daughter) of Raising Your Money-Savvy Family For Next Generation Financial Independence.
Author of the book written on E-R.org: "The Military Guide to Financial Independence and Retirement."
I don't spend much time here please send a PM.
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Re: $50 per day revisited
01-06-2005, 09:51 PM
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#29
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Recycles dryer sheets
Join Date: Jul 2004
Posts: 94
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Re: $50 per day revisited
Quote:
At those prices I'd seriously consider homeschooling. *Or a career in school management...
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Nords, you are quite right. Privately and in concert with other similarly placed parents, we are considering other options but in the meantime making financial provision for the original school. Believe it or not the above school fees are actually AFTER a Government subvention (subsidy), the costs at a fully private institution are approximately 50% higher. It's just a quirk of our location and special educational needs.
__________________
50% Down in NW and Can't Stop Smiling!!
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Re: $50 per day revisited
Re: $50 per day revisited
01-29-2005, 08:02 AM
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#31
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Re: $50 per day revisited
"A new study called "Understanding Expenditure Patterns in Retirement," published by the Boston College Center for Retirement Research, shows that typical married adults ages 65 and older have expenditures totaling $14,792. The top fifth in income have average expenses of $25,567 and the lowest fifth have average expenses of $10,111."
Billy
Website www.geocities.com/ba264
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Re: $50 per day revisited
01-29-2005, 09:07 AM
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#32
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Re: $50 per day revisited
It is interesting that if you take the top fifth and the bottom fifth and average them, you get almost exactly
$50.00 per day.
JG
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Re: $50 per day revisited
01-29-2005, 09:29 AM
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#34
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Re: $50 per day revisited
Hi Billy. I have not read the study yet but must disagree that "many here have debunked the notion it can work" etc etc etc.
Those are opinions only. I guarantee it can work and
besides, the study can't be that flawed. Sure it's bare bones for most of us. That doesn't mean it can't be done. How about unclemick's personal best of 12K for a
whole year? These folks posting $75, or $100, or $150 per day
don't NEED that much. What they really mean to say is
that they WANT that much. We're way over $50.00 but could get down to it with less than Herculean effort.
JG
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Re: $50 per day revisited
01-29-2005, 09:37 AM
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#35
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Re: $50 per day revisited
JG,
Once again, your wiser than your years.
Billy
Website www.geocities.com/ba264
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Re: $50 per day revisited
01-29-2005, 09:40 AM
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#36
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Thinks s/he gets paid by the post
Join Date: Feb 2004
Posts: 2,670
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Re: $50 per day revisited
Quote:
Yes it is, yet many here have debunked the notion it can work.
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You can live on $1 a day if you really try hard enough. The problem is, there is a certain quality of life most people want to maintain. Just my health insurance, real estate taxes and house insurance (average 5 room house) come to $40 a day. I can't see how a couple can enjoy life much on the remaining $10 a day.
Now if you want to live without insurance, that's another story, but most people don't want to take that chance.
It would take at least $110 a day ($40K a year) for me and my family to live a frugal-normal lifestyle.
__________________
No man is free who is not master of himself. --- Epictetus
Enjoy Yourself (It's Later Than You Think). --- Guy Lombardo
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Re: $50 per day revisited
01-29-2005, 09:48 AM
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#37
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Re: $50 per day revisited
I am telling you all, it's in your attitude. There are
huge numbers of people (right here in the USA) who would feel like they were "livin' large" on $50.00 per day.
We don't do it, but just because you can't/won't
doesn't mean it can't be done. That's nonsense.
BTW, there is no such thing as a "normal lifestyle".
That is a clearly a phrase without any meaning.
JG
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Re: $50 per day revisited
01-29-2005, 03:52 PM
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#38
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Recycles dryer sheets
Join Date: Oct 2004
Posts: 260
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Re: $50 per day revisited
Quote:
You can live on $1 a day if you really try hard enough. *The problem is, there is a certain quality of life most people want to maintain. *Just my health insurance, real estate taxes and house insurance (average 5 room house) come to $40 a day. *I can't see how a couple can enjoy life much on the remaining $10 a day.
Now if you want to live without insurance, that's another story, but most people don't want to take that chance.
It would take at least $110 a day ($40K a year) for me and my family to live a frugal-normal lifestyle.
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Put very well Retire@40.
I do not think anyone on this board who resides in the US lives on $50 a day TOTAL. They would not own a computer or subscribe to internet service.
Maybe if your home and home expenses was paid, your car and insurance were paid, your credit cards and food bills were paid, health expenses taken care of
then OK.
But in reality it is not happening.
If anyone does live on $50 a day TOTAL I would like to see a financial breakdown to compare.
Not a breakdown of what one can spend but a breakdown of someone that is actually doing it every single day for a long period of time.
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Re: $50 per day revisited
01-29-2005, 04:04 PM
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#39
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Re: $50 per day revisited
We are into our15th year. 5122 days...but who's counting?...daily avg. $56.17
Oh...and did I mention..we travel the world?
Follow YOUR DREAMS!
Billy
website www.geocities.com/ba264
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Re: $50 per day revisited
01-29-2005, 07:31 PM
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#40
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Thinks s/he gets paid by the post
Join Date: Mar 2004
Posts: 2,343
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Re: $50 per day revisited
Quote:
We are into our15th year. 5122 days...but who's counting?...daily avg. $56.17
Oh...and did I mention..we travel the world?
Follow YOUR DREAMS!
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Billy, would you mind telling us what you have been averaging over the last few years and the countries you have been living the majority of the time to get a real perspective.
Thanks
MJ
__________________
I look to the present moment because that's where I live my life.
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