Author Topic: Living expenses  (Read 5454 times)

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Offline Ioanna

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Living expenses
« on: October 08, 2015, 06:40:09 am »
How much of your paycheck goes to living expenses??

I realize speaking of finances is taboo, and hope no one is offended, but I'm so frustrated!!! I'm trying to find a place to live in an unfamiliar area and it's gotten me so distressed the cost of rent. I believe it's mainly bc I am on my own, vs sharing responsibilities with someone.

Offline cherimoya_kid

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Re: Living expenses
« Reply #1 on: October 08, 2015, 07:23:21 am »
Your area is really, really bad for cost of living, especially rent. I suggest splitting a cardboard box with 2 roommates. Sleep in shifts.

Lol

But I definitely spend all my check. I don't skimp on food quality.

Offline TylerDurden

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Re: Living expenses
« Reply #2 on: October 08, 2015, 07:36:45 am »
Renting can be hell in a country with no State control over rents. Austria has a highly socialist rent system whereby tenants(and their descendants if the latter so want) can legally avoid paying any rent-increases. This has resulted in outrageous situations where some people and their descendants  have lived in the same  flat since WWII while still paying roughly the same tiny  rent they paid in 1945, no inflation or whatever increase allowed! The laws only protect long-term tenants after 5 years of renting, so landlords in Austria always get rid of their tenants after 3 or 4 years, and then up the rent for the next lot. At any rate, the socialists have been building large numbers of cheap flats with low State-controlled rent for all and sundry in recent years in order to win votes while creating vast budget deficits at the same time.So cheap renting is easy for Austrians.

London is different, unless you already own another  house/flat in London to sell  or are a millionaire you cannot afford to pay for a decent family home in most parts of London - state-owned homes for rent are too few.Renting is also appallingly expensive. This is due to immigration, crooked deals between landlords and State housing benefit claimants, property speculation from up to  as far away as China etc. etc. There was an appalling news story recently about a female student who was offered a flatshare rent costing 500 pounds sterling a month , which involved just a bed under some stairs:-

http://www.dailymail.co.uk/news/article-3254727/A-bed-stairs-500-month-Woman-shocked-tiny-London-flat-share-advert-DOES-say-s-not-just-stay-room.html

Poverty is defined by the US, I think as rent exceeding c.40%(45%?) of your income. Any more than that, and one really has to look for alternatives. In the UK, I had some luck as I was pretty poor at the time. While the grassfed meat was prohibitively expensive unless in minced form, the farmers' markets provided astonishingly cheap raw wild game and raw organs  and I got raw wildcaught seafood at dirt-cheap prices as well. I had a habit of overspending on various gadgets etc., so I would sometimes simply switch to Intermittent Fasting(ie alternate day fasting) with a little caloric restriction as well, in order to not go into debt.

Having a partner is also incredibly useful. Everything from holidays etc. is cheaper as a result(per person). Having a flat-share is a nightmare, however. Renting rooms in London is so difficult that I have been shown homes where large holes were in the walls between most rooms, and yet I was still facing a charge of 55 pounds sterling a week and the like(in c.2000). On one or two other occasions, I have been faced by seriously clinically-paranoid potential  flat-sharers who demanded every prospectee flat-sharer show a stamped police-file to demonstrate that they had no criminal record(sort of like being back in Nazi Germany or Stalin's Russia).

When I checked US prices in the past, I was astonished to find out that the prices of food and gadgets like juicers was roughly the same in numbers as  equivalent UK prices. Since, in those days, it was c. 1.7 US dollars to 1 pound sterling, now 1.53, it was clear that USers were benefitting from the enormous economies of scale available in the US etc.. Sadly, my  buying US goods was foiled by nasty, eagle-eyed UK customs officials  who decided to deliberately slap lots of import tax on any incoming US products. Therefore, I would imagine that things are a lot cheaper over the pond, surely?

My own situation is a bit different, I don't rent, I own a flat, but the utility/maintenance  etc.  bills are appallingly  high for no valid reason. I suppose a figure of 75% is correct in my case.
"During the last campaign I knew what was happening. You know, they mocked me for my foreign policy and they laughed at my monetary policy. No more. No more.
" Ron Paul.

Offline eveheart

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Re: Living expenses
« Reply #3 on: October 08, 2015, 08:14:25 am »
With my children grown, my living expenses are roughly half of my after-tax income. When the kids were growing up, it took my entire middle-class income to get by.

I have a few "cultural" habits that are helpful in living frugally: no loans, no credit cards, live in small housing, shop in second-hand stores. Even my food buying habits are cheap, such as buying lamb from the ranch (under $7/pound) and salmon trimmings (2.99 pound) from a processor that block-cuts wild-caught salmon for sushi.

I live in an expensive area of California, but I find that many of my coworkers do as I do and live comfortably, while others overspend and always feel broke.

Also, a younger person often makes less money than an older person, but you can speed up your promotions if you make your work exceptional.
"I intend to live forever; so far, so good." -Steven Wright, comedian

Offline sabertooth

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Re: Living expenses
« Reply #4 on: October 09, 2015, 12:07:46 pm »
I don't get a pay check...... being a full time employed worker totally cramps my paleo style. Though I probably work over fifty hours a week performing numerous task broken up in a scheduled I make up week by week

You have to be cunning to make ends meat. It also helps having a true life partner to share some of the work load.

I work for my meat trading my skills as a man of many trades for whole sheep, and will work odd jobs for cash money. Every bit of money I make goes to basic living expenses which includes supporting my four children. I don't have any real material wealth , but I consider myself rich in other ways.

Luckily my girlfriend owns her home and my baby mamma has her other baby daddies parents help subsidize her rent. Oh yes btw my home life is extremely complicated.  Its a true blessing that I don't have to pay rent, and we both work as inn keepers renting out our property on air b@ b

Now that all the renovations are done we are set to make around 2500 per month off of rentals, its a lot of work, but there is a sense of satisfaction that we are both self employed and are actively participating in the alternative economy. Air B&B has also been a great opportunity for us to minister to and learn from people who travel from all walks of life.
« Last Edit: October 09, 2015, 12:13:01 pm by sabertooth »
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Offline TylerDurden

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Re: Living expenses
« Reply #5 on: October 09, 2015, 07:38:05 pm »
Hmm, I have been taking time trying to set up my family's holiday home for rental. My half-brother already has a couple of properties on airbnb and elsewhere and has been raking it in ever since. Of course, it is a lot easier to fix  if one is already living there in the rented property, but that is not feasible for me.Hmm, maybe on the flimsy pretext that no one else in the extended family is lifting a finger to organise the renting, maybe I could use that as an excuse to live on the Mediterranean coast for the rest of my days and just live off part of the rent-intake! I could be like Iguana on the Algarve, and yet still be very close to the French ski resorts in the winter.
"During the last campaign I knew what was happening. You know, they mocked me for my foreign policy and they laughed at my monetary policy. No more. No more.
" Ron Paul.

Offline sabertooth

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Re: Living expenses
« Reply #6 on: October 09, 2015, 10:31:09 pm »
Its all about location, I live in a collage town where the University brings in lots of temporary tenants, whom for the most part are very open minded and progressive people. There is also a huge seasonal horse industry and veracious other business enterprises which draws in  people seeking temporary rental flats. The Breeders cup at keenland is in town and we have a cocktail waitress staying with us in the upstairs, tomorrow we have someone staying for a wedding, and two other people in the cottage coming to town for their daughters collage event. We are also in a good midway point between the Midwest and east coast so a lot of travelers book one night rentals, and will check in at night and leave first thing in the morning.

Keeping the Air b&b inn allows me to work at home, tend to my garden, and work on home improvement, with time to relax and blog throughout the day, while most other people in my economic class are running the rat race and punching a time clock.

The main thing for running an Air B&B is having someone to help share the upkeep responsibilities. Me and my girlfriend work in tandem, I do most of the nuts and bolts maintenance, and she makes the beds and pays attention to the fine details. There are so many properties which people own that stay vacant, or have the potential to be renovated into very nice rental spaces, while the Hilton and other high class hotels charge outrageous rates for bland rooms that have no life in them.

We have over a hundred reviews now and stay fairly booked up.
https://www.airbnb.com/users/show/8556391


Another observation regarding air bnb is that we have had a few longer term tenants who we have cut a better rate for. There is a Mexican woman who is an anthropologist who will be renting our basement apartment for 750 a month for the four months she will be in town for school, when the normal rate is 80 per night, and 950 a month.

Many renters are willing to cut deals with long term tenants so they don't have to deal with constant turnover, and you can send people request for special offers if you are looking for better long term rates.


« Last Edit: October 09, 2015, 11:15:49 pm by sabertooth »
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Offline Ioanna

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Re: Living expenses
« Reply #7 on: October 13, 2015, 08:30:25 am »
If I share with someone, my finances will be more comfortable. On my own in the smallest studio apartment, I'll have my own space but financially will be tight. I do think I can swing it tho, I have to work out a budget and see how tight it is.

I fear if I share with someone, I'll feel like I have to live entirely in my room. I wouldn't even feel comfortable eating at home, I'd have to go hide in my room. I just have come such a long way and really value the control over my environment, and comfort to come home and be my healthy self.

What would you do??… Prioritize a lower rent, or comfort and control over the home?

LOL, CK! but is true!


Offline TylerDurden

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Re: Living expenses
« Reply #8 on: October 13, 2015, 08:49:04 am »
Are you in Manhattan???  What is wrong with just living in the suburbs together with a close friend or significant other? Here in Vienna, it is suicidal to rent in the very centre but out in the 23rd  etc. districts, it is dirt-cheap and just  1/2 an hour from the centre of town. Does the US have council/State housing at all?
"During the last campaign I knew what was happening. You know, they mocked me for my foreign policy and they laughed at my monetary policy. No more. No more.
" Ron Paul.

Offline cherimoya_kid

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Re: Living expenses
« Reply #9 on: October 13, 2015, 09:12:51 am »
If I share with someone, my finances will be more comfortable. On my own in the smallest studio apartment, I'll have my own space but financially will be tight. I do think I can swing it tho, I have to work out a budget and see how tight it is.

I fear if I share with someone, I'll feel like I have to live entirely in my room. I wouldn't even feel comfortable eating at home, I'd have to go hide in my room. I just have come such a long way and really value the control over my environment, and comfort to come home and be my healthy self.

What would you do??… Prioritize a lower rent, or comfort and control over the home?

LOL, CK! but is true!



I would look carefully for a roommate that is cool with raw paleo. There's no point in having your own place if you can find a good roommate. You might want to go to a couple of local Weston Price potlucks to see if anyone has a room to rent. Sally Fallon Morrell lives around D.C., I think. She would probably be able to find you someone to room with.

Offline eveheart

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Re: Living expenses
« Reply #10 on: October 13, 2015, 09:15:03 am »
I love tiny housing, just me. Right now, I live in the back house of my daughter's house. Tiny. Before that, studio apartments, back houses, bungalows, trailers, vans, and motorhomes. I raised my children in a conventional 3-bedroom house, but before and after that stage of my life, I kept it small and cheap. Off-the-grid motorhome living is exceptionally inexpensive. You can also live in a motorhome park for a park-like setting. There are forums that help you work out the details of full-time RV living, if that's an option.

Also nice is renting a room in a private home with your own private entrance and having a roommate who travels all the time.
"I intend to live forever; so far, so good." -Steven Wright, comedian

Offline goodsamaritan

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Re: Living expenses
« Reply #11 on: October 13, 2015, 09:22:27 am »
If I share with someone, my finances will be more comfortable. On my own in the smallest studio apartment, I'll have my own space but financially will be tight. I do think I can swing it tho, I have to work out a budget and see how tight it is.

I fear if I share with someone, I'll feel like I have to live entirely in my room. I wouldn't even feel comfortable eating at home, I'd have to go hide in my room. I just have come such a long way and really value the control over my environment, and comfort to come home and be my healthy self.

What would you do??… Prioritize a lower rent, or comfort and control over the home?

LOL, CK! but is true!



Find ways to earn more.

Is getting married to a really nice guy an option for you?
« Last Edit: October 13, 2015, 09:35:54 am by goodsamaritan »
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Offline TylerDurden

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Re: Living expenses
« Reply #12 on: October 13, 2015, 09:51:35 am »
Small houses are appalling to me. I have been extraordinarily lucky in living often in  private homes/holiday homes designed for former aristocrats, which were not only large but had very high ceilings. Those high ceilings give off an extra illusion of vast space, even if one cannot exactly properly  use that space unless one is  7ft tall or higher.

Ioanna, last I checked you were a model? Well, I suppose that prevents you from relocating to a cheaper State like Wyoming. God, it must be wonderful living in a State with just 3-4 million inhabitants and vast amounts of empty terrain.
"During the last campaign I knew what was happening. You know, they mocked me for my foreign policy and they laughed at my monetary policy. No more. No more.
" Ron Paul.

 

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