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re: I managed to save $30k

Posted on 1/25/19 at 2:47 pm to
Posted by Desert King
Member since Oct 2018
1936 posts
Posted on 1/25/19 at 2:47 pm to
For all you "no way that was possible" people:

I had gotten my expenses down to around $2000 per month. Everything else was saved. My biggest expense was rent, which was $800 at the time. So the other $1200 was for gas, utilities, food, etc. Rarely ate out, which was a huge money saver. I also did not have car notes. Both my wife and I were driving older vehicles that we owned outright.

We did this for 2 years. It wasn't like it was forever. As our income and net worth grew, so did our living standards. However, we still live well under our means even today. It's not that hard; it's just that people don't want to sacrifice pleasures today for a more secure future. I have little sympathy for them.
Posted by MrLarson
Member since Oct 2014
34984 posts
Posted on 1/25/19 at 2:49 pm to
quote:

I had gotten my expenses down to around $2000 per month.


Did you not pay taxes on your income? Were you on any government assistance?

Because at 2k per month it makes your claim even less believable.
This post was edited on 1/25/19 at 2:50 pm
Posted by BlackAdam
Member since Jan 2016
6478 posts
Posted on 1/25/19 at 2:53 pm to
quote:

For all you "no way that was possible" people:

I had gotten my expenses down to around $2000 per month. Everything else was saved. My biggest expense was rent, which was $800 at the time. So the other $1200 was for gas, utilities, food, etc. Rarely ate out, which was a huge money saver. I also did not have car notes. Both my wife and I were driving older vehicles that we owned outright.

We did this for 2 years. It wasn't like it was forever. As our income and net worth grew, so did our living standards. However, we still live well under our means even today. It's not that hard; it's just that people don't want to sacrifice pleasures today for a more secure future. I have little sympathy for them.



nothing here is remotely believable.
Posted by BornAndRaised_LA
Springfield, VA
Member since Oct 2018
5339 posts
Posted on 1/25/19 at 2:58 pm to
Healthcare? Babies go in all the time for various checks/shots/issues. You are glossing past too much...or you are 70 years old.
Posted by deeprig9
Unincorporated Ozora, Georgia
Member since Sep 2012
64561 posts
Posted on 1/25/19 at 2:58 pm to
So you spent all of your takehome but managed to save 40% of your income.

Got it.
Posted by PurpleKnight88
Laplace, LA
Member since Jan 2009
856 posts
Posted on 1/25/19 at 3:00 pm to
quote:

For all you "no way that was possible" people: I had gotten my expenses down to around $2000 per month. Everything else was saved. My biggest expense was rent, which was $800 at the time. So the other $1200 was for gas, utilities, food, etc. Rarely ate out, which was a huge money saver. I also did not have car notes. Both my wife and I were driving older vehicles that we owned outright. We did this for 2 years. It wasn't like it was forever. As our income and net worth grew, so did our living standards. However, we still live well under our means even today. It's not that hard; it's just that people don't want to sacrifice pleasures today for a more secure future. I have little sympathy for them.

Just say you saved about $20K because the EIC you got for 2 years made up the rest.
Posted by BamaAtl
South of North
Member since Dec 2009
22062 posts
Posted on 1/26/19 at 9:52 am to
quote:

I also did not have car notes. Both my wife and I were driving older vehicles that we owned outright.



How much did your parents pay for the cars?
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