Post: #26

(09-13-2011 12:24 AM)thegmanifesto Wrote:  "If you read my earlier post you would have seen where I said you can EASILY get a room for 200$. "

You said " Live in a modest small apartment for (500-600$ month)" /thread-6538-p...l#pid92411

Rental prices are tanking by the minute in NC.

That figure was for a 1 bedroom / studio apartment. ( 0 roommates )

I thought that was obvious esp at the end of the post when I mentioned living with roommates being alot cheaper.....



They dont teach reading comprehension in the drugs business do they?

Lets recap for GManifesto

Living Alone ( 0 roommates )

Rent 1 bedroom/studio apt - 500
Internet/Cable - 100
Utilities - 70
Car Insurance - 150
Cell phone - 50
Gym - 30
Gas - 160
Food - 200
Alcohol/Going Out - 150

Total = 1410

2000 - 1410 = 590


Living with Roommates ( 3 roommates for this example )

Rent 3 bedroom house / apt - 200
Internet/Cable - 34
Utilities - 30
Car Insurance - 150
Cell phone - 50
Gym - 30
Gas - 160
Food - 200
Alcohol/Going Out - 150

Total = 1004

2000 - 1004 = 996

Post: #27

Yeah sometimes you need car repairs, oh well, your savings for that month goes away, but most months your saving cash. It's like eating cake when you diet, it will slow you down, but you'll still be getting there if you keep at it.

Post: #28

(09-13-2011 02:54 AM)ersatz Wrote:  Yeah sometimes you need car repairs, oh well, your savings for that month goes away, but most months your saving cash. It's like eating cake when you diet, it will slow you down, but you'll still be getting there if you keep at it.

Exactly.

Unforeseen expenses do come up.

But like you said most months ur stacking green.

Keep at it and you will have a healthy nest egg in 20-30 years.

Post: #29

I would think that on a $2,000 income it would be pretty tought to even save $300. I would suggest to anyone to start an Excel spreadsheet and to start recording everything that you spend money on. You will be shocked by how the "small" things add up. Like starbucks coffe in the morning? Smoke? Drink? Want to get nicer tires for your ride (not so small I know)? Gas? Dating? etc...

I'm on a bigger budget than that and only saving $1000 living in a third tier city in South America! I could save $1500 but I don't like being cheap!

Post: #30

Jarocho,

This is off topic but what do you do exactly in Colombia? Also where are you from originally?

Ill be moving to Colombia myself within a year.

Post: #31

Dash -

"They dont teach reading comprehension in the drugs business do they"

No. (Especially when you change your numbers on each response).

But they do teach reality, which is something your examples lack.

A parking ticket would destroy your fantasy budget (which you keep changing the numbers every time their is a glaring hole in it).

Hell, a parking meter would destroy you fantasy budget.

Good luck with that one.

Dash's quote of the year:

"Germany under the rule of Hitler was a dictatorship communist country....." /thread-6516-page-6.html

This kind of reminds me when you were giving someone a bunch of advice on Argentina and you have never been.

No hard feelings though, your young, and I just know now you like to yap on and on about things that you have no understanding of.

Post: #32

G, I've lived on similar budgets like this on my college days. With a car and a 1 bedroom apartment with $750/month rent w/ heat & hot/cold water included. Internet was $25 (student rate) and my cell was $50 (retention rate). Insurance was $75 and the car was a beater. I avoided parking meters and walked 5-10 more minutes. I spent around $50-100/month on gas. Other than food (I ate $3 6" subs a lot), that was it. The cable company forgot to cut my cable connection when I moved in, but I never watched it anyway. I lived in a beautiful town where everything of interest was at most a 20 minute drive. I went to a club maybe once a year and never drank, smoked or did drugs. I had a long term college girlfriend at the time and we did lots of stuff together and I really did enjoy my life. I was a bit of a lazy ass in college and had wayyyy too much free time. Yeah I had to be a cheap ass but why give fuck about what other people think.

A parking ticket was $20, and it usually was a 10 minute walk to the ticket office to dispute it. It wasn't financial ruin. It's entirely possible live on that sort of budget alone or close to it but you can't live in a big city with it. I bought and sold stuff on craigslist instead of from the store and I avoided small shit that adds up like Starbucks and ate at home or subway when I couldn't. I had one bad car event in a year for $400, but otherwise was fairly on target.

Post: #33

(09-13-2011 11:01 AM)thegmanifesto Wrote:  Dash -

"They dont teach reading comprehension in the drugs business do they"

No. (Especially when you change your numbers on each response).

Lol the numbers never changed. You just didnt read/understand my post. Living alone no roommates was 500, and having roommates was 200.

But they do teach reality, which is something your examples lack.

I posted EVERY figure and did the math for you. And lo and behold the numbers came out to being able to save 500-1000 dollars a month.

Have you been sampling your product today? The numbers are as real as day aka REALITY.

A parking ticket would destroy your fantasy budget (which you keep changing the numbers every time their is a glaring hole in it).

Destroy?!? Speeding ticket in NC costs bout 300-400 bucks to handle. Which numbers changed exactly? Im curious....

Hell, a parking meter would destroy you fantasy budget.

Good luck with that one.

Dash's quote of the year:

"Germany under the rule of Hitler was a dictatorship communist country....." /thread-6516-page-6.html

Already explained this in the other thread. What do a dictatorship and communism have in common? Understand that and you will see where my comment came from.

This kind of reminds me when you were giving someone a bunch of advice on Argentina and you have never been.

A bunch? Link please

No hard feelings though, your young, and I just know now you like to yap on and on about things that you have no understanding of.

Sorta like you understanding these numbers are not a fantasy and are REALITY??

Living Alone ( 0 roommates )

Rent 1 bedroom/studio apt - 500
Internet/Cable - 100
Utilities - 70
Car Insurance - 150
Cell phone - 50
Gym - 30
Gas - 160
Food - 200
Alcohol/Going Out - 150

Total = 1410

2000 - 1410 = 590


Living with Roommates ( 3 roommates for this example )

Rent 3 bedroom house / apt - 200
Internet/Cable - 34
Utilities - 30
Car Insurance - 150
Cell phone - 50
Gym - 30
Gas - 160
Food - 200
Alcohol/Going Out - 150

Total = 1004

2000 - 1004 = 996

Igualmente, No hard feelings!

Post: #34

G is mad funny. I'm never to going to try verbally sparring him.

Post: #35

(09-13-2011 11:24 AM)ersatz Wrote:  G, I've lived on similar budgets like this on my college days. With a car and a 1 bedroom apartment with $750/month rent w/ heat & hot/cold water included. Internet was $25 (student rate) and my cell was $50 (retention rate). Insurance was $75 and the car was a beater. I avoided parking meters and walked 5-10 more minutes. I spent around $50-100/month on gas. Other than food (I ate $3 6" subs a lot), that was it. The cable company forgot to cut my cable connection when I moved in, but I never watched it anyway. I lived in a beautiful town where everything of interest was at most a 20 minute drive. I went to a club maybe once a year and never drank, smoked or did drugs. I had a long term college girlfriend at the time and we did lots of stuff together and I really did enjoy my life. I was a bit of a lazy ass in college and had wayyyy too much free time. Yeah I had to be a cheap ass but why give fuck about what other people think.

A parking ticket was $20, and it usually was a 10 minute walk to the ticket office to dispute it. It wasn't financial ruin. It's entirely possible live on that sort of budget alone or close to it but you can't live in a big city with it. I bought and sold stuff on craigslist instead of from the store and I avoided small shit that adds up like Starbucks and ate at home or subway when I couldn't. I had one bad car event in a year for $400, but otherwise was fairly on target.

I wouldnt waste your breathe....

MrGmanefesto cant think outside of that Cali bubble.

Post: #36

(09-13-2011 11:37 AM)torontokid Wrote:  G is mad funny. I'm never to going to try verbally sparring him.

Dont be scurred.

alil recap.

I give solid advice to a poster.

G questions my numbers and lists out expenses.

I put numbers to his expenses.

Still questions my numbers on expenses and asks how im gonna save 500-1000 dollars on 2K a month

I go and add up all the expenses and subtract it from 2k and come out with a savings of 590(living alone) and 996(with roommates)

G then speaks to soon without reading and ask's about the 200$ figure for rent with roommates thinking that total rent is 400$. Remb up until this point I only said living with roommates would be alot cheaper and that you could easily find a room for 200$. G seemed to miss all that.

G also questions about insurance which he also missed that was already calculated into the equation.

I call him out on the above infractions and he makes another boo boo and quotes my 500-600$ figure in regards to the 200$ figure i gave for living with roommates. When that figure was for living ALONE which I made clear at the end of the post when I said living with roommates would be alot cheaper.

After calling the G man out on that I then go and squash his talk of it being a fantasy one last time by putting ALL the numbers together for both living alone and living with roommates that clearly shows being able to save 500-1000 dollars is MORE than doable.

G realizing defeat trys to say one last time the numbers are a fantasy and that im changing my numbers everytime. Funny he doesnt mention what figures are supposedly not plausible and doesnt mention what numbers "I changed". In one last ditch attempt to save face he is forced to revert to bringing up things in other past threads.

Then he ironically trys to say I like to talk about stuff I dont understand when he clearly doesnt understand the living expenses and possibilities of normal blue collar all american cities.

Then instead of addressing the points I made he pulls the classic "I dont wanna go back" yada yada. My mom is real good at pulling that move also.

Post: #37

(09-13-2011 11:40 AM)Dash Global Wrote:  

(09-13-2011 11:24 AM)ersatz Wrote:  G, I've lived on similar budgets like this on my college days. With a car and a 1 bedroom apartment with $750/month rent w/ heat & hot/cold water included. Internet was $25 (student rate) and my cell was $50 (retention rate). Insurance was $75 and the car was a beater. I avoided parking meters and walked 5-10 more minutes. I spent around $50-100/month on gas. Other than food (I ate $3 6" subs a lot), that was it. The cable company forgot to cut my cable connection when I moved in, but I never watched it anyway. I lived in a beautiful town where everything of interest was at most a 20 minute drive. I went to a club maybe once a year and never drank, smoked or did drugs. I had a long term college girlfriend at the time and we did lots of stuff together and I really did enjoy my life. I was a bit of a lazy ass in college and had wayyyy too much free time. Yeah I had to be a cheap ass but why give fuck about what other people think.

A parking ticket was $20, and it usually was a 10 minute walk to the ticket office to dispute it. It wasn't financial ruin. It's entirely possible live on that sort of budget alone or close to it but you can't live in a big city with it. I bought and sold stuff on craigslist instead of from the store and I avoided small shit that adds up like Starbucks and ate at home or subway when I couldn't. I had one bad car event in a year for $400, but otherwise was fairly on target.

I wouldnt waste your breathe....

MrGmanefesto cant think outside of that Cali bubble.

"It's entirely possible live on that sort of budget alone or close to it"

No, I believe it is possible to like a monk, but I don't think it is possible to save $1000 per month on a salary of 24k per year.

Dash -

I don't want to go back and smack you around on every single point above again, any one can read back and see all your errors.

No hard feelings.

I think you are a good guy.

I just look at you like a little retarded step cousin. (I really mean that in the nicest way possible).

Post: #38

(09-13-2011 12:16 PM)thegmanifesto Wrote:  No, I believe it is possible to like a monk, but I don't think it is possible to save $1000 per month on a salary of 24k per year.

If someone is clearing 2k a month there salary would be more than 24K a year.

We have a thing called taxes.

Which you prob wouldnt know about being in the drug business and all....

Post: #39

(09-13-2011 12:26 PM)Dash Global Wrote:  

(09-13-2011 12:16 PM)thegmanifesto Wrote:  No, I believe it is possible to like a monk, but I don't think it is possible to save $1000 per month on a salary of 24k per year.

If someone is clearing 2k a month there salary would be more than 24K a year.

We have a thing called taxes.

Which you prob wouldnt know about being in the drug business and all....

Now we have come full circle.

Now your are bringing up the points (ie taxes) I raised in the first reply.

You said originally, "This is pretty much doable on any salary. To give you an example, a fresh out of college teacher in NC can make about 2k a month. "

/thread-6538-p...l#pid92411

Post: #40

(09-13-2011 12:26 PM)Dash Global Wrote:  

(09-13-2011 12:16 PM)thegmanifesto Wrote:  No, I believe it is possible to like a monk, but I don't think it is possible to save $1000 per month on a salary of 24k per year.

If someone is clearing 2k a month there salary would be more than 24K a year.

We have a thing called taxes.

Which you prob wouldnt know about being in the drug business and all....

Sorry to intervene, Dash but 2K a month, there being 12 months a year, would equate to 2 x 12 which equals 24. 24K a year.

However, I do agree with your points on saving money and it can be done.

But I do believe that one can cut costs dramatically, there are ways to reduce unnecessary spending.

Cook your own food. I do this and not only does it mean that I get more food to eat, but it's cheaper than eating out.

Pre-load on booze before clubs. I see no point in wasting 7 bucks on a watered down vodka. I spend twice that for a bottle of voddy and I can hit that straight and arrive at the club pre-fcuked up..if I decide that will be a drinking night.

Parking tickets can mess with savings yes and so can car maintenance. However, car maintenance is not a regular bill so you cannot factor that into savings.

And nothing goes exactly to plan but give our take with the action plan that Dash laid out, a decent saving proposal can be put into a effect.

To add to that, I would suggest picking up some side venture one can engage in, to put additional pocket money in their hands.

Relying sheerly on penny pinching savings is a miserable way to get to retirement.

Some of the principles listed are very valuable.

From what I've heard, living in NC is dirt cheap. I heard you can run car insurance for about 30 bucks a month. You can also purchase a home for about 100k or so.

Put a fat down payment on that bitch, and pimp that ho and you accelerate your retirement plans.

God bless America.

Post: #41

(09-13-2011 12:37 PM)thegmanifesto Wrote:  Now your are bringing up the points (ie taxes) I raised in the first reply.

You said originally, "This is pretty much doable on any salary. To give you an example, a fresh out of college teacher in NC can make about 2k a month. "

/thread-6538-p...l#pid92411

Yes im bringing up taxes, something your apparently not to familiar with.

(09-13-2011 12:38 PM)Moma Wrote:  Sorry to intervene, Dash but 2K a month, there being 12 months a year, would equate to 2 x 12 which equals 24. 24K a year.

The 2k figure was for AFTER taxes. If im subtracting the expenses from 2k that would mean im clearing 2k.

Someone that clears (meaning after taxes) 2K a month would make roughly 34,000K a year salary

Which is a pretty LOW salary

@Moma

Good points about saving. Agree 100%

Post: #42

I did the excel sheet thing when i lived in Hollland and was shocked. I made 1950 euro net a month and spent 1300 of it on a house,insurance,utils,car,gas and cable/phone and internet. This was without going out,buying clothes, holidays and stuff

I´m doing way better now while traveling, thats were the real budgetting comes in.

I,m also planing on living abroad some day.

Brazil would be nice but would take a huge monthly budget to have a decent live. In the phillipines you can have the rich easy life for 1000 dollars a month. No need to learn a language there as everyone speaks English and girls are easy.

Post: #43

I've learned that putting together a monthly list of expenses is not as easy as just listing the primary draws from your account: Rent, car, insurance,utilities, cell phone, food, etc, etc.
I always end up spending a good 25% of what I spend on my fixed monthly expenses and I can almost always never fully trace where the fuck that money went. And I'm frugal and watch every penny like a hawk. That's just the way it works out. So I would recommend always adding in a good 25%. If you think your bills are $2000 per month, count on them being $2500 and so on.

Post: #44

(09-13-2011 11:24 AM)ersatz Wrote:  G, I've lived on similar budgets like this on my college days. With a car and a 1 bedroom apartment with $750/month rent w/ heat & hot/cold water included. Internet was $25 (student rate) and my cell was $50 (retention rate). Insurance was $75 and the car was a beater. I avoided parking meters and walked 5-10 more minutes. I spent around $50-100/month on gas. Other than food (I ate $3 6" subs a lot), that was it. The cable company forgot to cut my cable connection when I moved in, but I never watched it anyway. I lived in a beautiful town where everything of interest was at most a 20 minute drive. I went to a club maybe once a year and never drank, smoked or did drugs. I had a long term college girlfriend at the time and we did lots of stuff together and I really did enjoy my life. I was a bit of a lazy ass in college and had wayyyy too much free time. Yeah I had to be a cheap ass but why give fuck about what other people think.

A parking ticket was $20, and it usually was a 10 minute walk to the ticket office to dispute it. It wasn't financial ruin. It's entirely possible live on that sort of budget alone or close to it but you can't live in a big city with it. I bought and sold stuff on craigslist instead of from the store and I avoided small shit that adds up like Starbucks and ate at home or subway when I couldn't. I had one bad car event in a year for $400, but otherwise was fairly on target.

Northeast corridor post-industrial city example (not DC, NY, or Boston)..

1000 square foot apartment $500. Shared with one roommate, $250 mo/rent.

Utilities - 150/month (averaged over the year), 75 apiece.

These two could go significantly lower in South Philly (175 month w/ utils per person for a shared 3bdroom). I'm sure similar examples could be found in Baltimore or Providence.

Food budget 300 month, mostly cooking at home or eating at the carts.

Bike - $150 bucks one time fee. Phillycarshare or zipcare for times when 4 wheels are needed.

Art studio - 150/month.

Cell phone - 35/month (verizon).

Assorted crap - 100/month

Going out mostly to house parties & basement shows.

Total ~910

My weekly take-home at the time was $400 for 20 hours.

Not included in this budget: health insurance. I was paying $200/month for an HMO, which would push that up to $1110, a little tight but still roughly $500/month savings.

This was my budget for a while. Pretty decent lifestyle. I knew kids in Philly who were dropping $350/month or less, I think this would be impossible w/o Checkers/Wendy's & dumpster diving, personally I wouldn't be able to handle it. They'd do promotional gigs for movies, photography, etc., or a medical study every few months.

Post: #45

I thought that I could retire at 55 so I did, that was August 1, now it's October 23 and I'm going back to work with the same company. It will be almost like retirement, no more going to sea and full time in Brazil working as a port engineer. I have an apartment in Rio so I will get to spend more time there.

Post: #46

I am with dash on this, his theory on spending is on point. If you spend all your salary in a month then you really need to improve your spending skills.This is also one of the reasons that i dont drive, driving will just make you spend lots of your money.

If you want to do great in business, spend max 30% of your salary and the other 70% invest.

Post: #47

(10-31-2011 06:39 AM)pitt Wrote:  I am with dash on this, his theory on spending is on point. If you spend all your salary in a month then you really need to improve your spending skills.This is also one of the reasons that i dont drive, driving will just make you spend lots of your money.

If you want to do great in business, spend max 30% of your salary and the other 70% invest.

Most people cant save 70% unless you making above average salary.

Even 50% is difficult and takes some discipline and living a modest life stateside.

Im about to have implement my own advice lol Moving to south fla in two weeks and will need to be saving green every month to bring with me to Colombia.

I figured my FIXED monthly bills will be something like

150 - 200 Room (utilities included)

200 Food

150 Car Insurance

60 Phone

Total Fixed Roughly 600 - 800