Surviving on $12,000 a year
Donna Freedman writes about how she going to, not only survive, but thrive on about $1,000.00 per month. Not something I’d want to try, but her thoughts contain some good ideas for living more frugally.
I’ll be living on just over $1,000 a month this year. That doesn’t sound like much — and it isn’t — yet I plan not just to live on it, but to build a savings account.
My 2007 “income,” the money I can actually count on, will be $12,084. I know this because it consists of alimony and a portion of a school grant. (I went back to college last year; the grant covers tuition and books with a little left over.) I already know my big-ticket annual costs, too: rent of $6,300 and $1,200 for car insurance. Subtract these from my income and I’m left with $382 a month for food, utilities, clothes, medical deductibles and co-pays, gasoline, renter’s and life insurance and any help I give my daughter, who lives on even less than I do.
Surviving (and thriving) on $12,000 a year - MSN Money
Related Posts:
Did you enjoy this post? Why not leave a comment below and continue the conversation, or subscribe to my feed and get articles like this delivered automatically to your feed reader.
I guess Donna should visit Russia for a master class