It is said that
numbers don't lie, so I'm going to give a close accounting of the
numbers over this month.
My SS check is
$1170. I have $1398.72 in savings. That's it, my whole financial
world. The goal is to live off the $1170 exclusively. The savings are
for bumps like car insurance and inspections
$1170 per month =
$39 per day. However, there are also fixed expenses that must be
paid, which lower the daily amount.
Rent: $233.
Electric: $150. Internet: $55. Phone: $50. Gym: $10 This comes to
$498 which reduces my daily allotment to $22.40 per day. Food, fuel
and everything else must come out of that number.
There are
possibilities for cuts. I could lose my Internet and just go to cafes
when I needed to. I have done that before. It works, but as I use my
wireless kindle for entertainment, I'll hold off for now.
Can one man live on
$22.40 per day in America? We will see by closely monitoring each
amount spent daily. For example, yesterday I spent a total of $13.98.
I will keep a daily count and report it in my posts.
Attitude is a big
part of this. If I find that I am feeling deprived that counts
against the experience.
For now,
Mike
Mike, you just might qualify for food stamps, about $189 per month.
ReplyDeleteMight be worth checking out.
ReplyDelete