Jackinthebox
Member
- Nov 30, 2014
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- #21
Interesting that there is a calculated a basic average monthly expense of $3,025
My net expenses are far below that and my net income is far above it.
Rent of $1000 seems quite high, my mortgage is $500 and my daughter and son-in-law just bought a house with a mortgage of about $850.
Transportation of $500 per month also seems quite high, does everybody drive a Mercedes Benz? Maybe my transportation costs are much cheaper because I pay cash for used cars instead of financing.
$350 a month for health care? Are these people in cancer treatment? Including health insurance and medical bills I spend about $250 a month and that includes a weekly surcharge of $23 because I use tobacco.
Are "Advanced Utilities" a necessary expense or want?
What is the miscellaneous $400? On average, I probably spend about $1000 a month for miscellaneous items (tribal artifacts, fossils, antiques) but only because I can afford to do so.
It was all already explained in the article. I am not going to copy and paste the whole thing because of copyright.