It is amazing what you can afford if you don't buy new cars and don't buy a mega mansion. Friends always wonder how I can afford a nice garage/shop and the plane I am building. They always overlook that I drive a 94 mitsubishi and that I bought a house that needed every room updated over the past 10 years (all done by me) while they are driving a brand new 2013 car and had their house custom built. Even the smaller things add up. Do you really need a smart phone or can you get by with a basic phone and have an extra $100 a month ($1200 a year) by not paying for that expensive cell phone plan. What about cable TV? Do you really need things like HBO, Cinemax, and that 150 channel lineup or would that money be better spent on a new tool each month. It is all about priorities and tradeoffs.
Keith
Ha, we bought the house after 3 years of marriage and living in a trailer. We lost a bathroom, gained a bedroom, lost some place to put a table to eat at but I did gain a 22x24 garage. I live with 3 girls with only 1 bathroom. The dining table sits in the middle between the kitchen and living room after we knocked out the wall. What I gained in bedroom space (the added bedroom) is not as much as I lost in bathroom space. The master bathroom was bigger than my youngest daughter's bedroom and the 1 bathroom is smaller than the extra bathroom in the trailer. Can't really use that garage much though because it's 0° out there in the winter and 135° out there in the summer.
We gained 8 square feet from the trailer to the house, LOL. Certainly isn't a McMansion, more of a McThimble.
I don't buy very old cars, 2 years old for my wife and 5 years old for me. They only last 7-8 years because they will have 200+ on them and will be complete rustbuckets here by then. Anything over 5 or 6 years old around here will already be on their way to rustbucket 200k mile cars. I prefer to get them at around 100 for me and 50 for her, that way I don't have to buy a "new" car every 2 years.
Cell phones? I have 3 Android cell phones prepaid that cost me $5/month each for 2 and $10 for the 3rd. Soon to add a 4th for another $5 since the girls are splitting up between schools. I think people are idiots for paying what they do for cell phones. I don't need to surf the internet while I'm driving down the road...
I'm jealous of it seems just about everyone on the internet. Everyone seems to have more money than I do. I started biking 2 weeks ago as I only have 2 more years to live before I exceed family history. My cholesterol and triglycerides are through the roof, I need to do something. Tough to bike for exercise on a 7 year old Walmart bike though. The thing clunks with every rotation of the crank, I can't put much torque on it or the chain starts to skip around, and I have to stop at the bottom of hills to manually push the derailleurs to get a lower gear. Heaven forbid I need to stop, the brakes don't work, I brake Fred Flintstone style. I can get them adjusted so they stop me, or actually they prevent me from moving because they will rub the rim and I can't get the bike going. Trying to get info on what bike to get and all I can get from the internet is I need about $1200 for a decent bike?
I do want hobbies as all work and no play will drive you insane. I'm going insane since I do nothing. I started getting into photography, but quickly outgrew in a few weeks my $200 camera. Everyone else spends about $2500+ on camera equipment, how? My $200 camera sits collecting dust since it's broken, I can't do what I want with it anyways, and don't have cash for another camera.
Want to get into paddling to get the kids out of the house. My oldest tried out a kayak the other week at the lake. Loved it. Wifey says just go get a kayak and canoe. Yeah, the $139 kayak at Dunhams will be fine for her, I can find a used canoe easy enough and cheap, but then there's 3 PFD's, paddles, and some way of hauling them with my Jetta that I have to spend money on. Now it gets too expensive to afford (though really the roughly $350 I would spend on just the boats is too expensive.)
Why does it seem that everyone has more disposable income than I do? My roughly $50/month of disposable income gets converted into this one needs new contacts, that one needs new shoes for school, I need money in my lunch account, we're out of milk, the car needs an oil change, etc, etc. I'm not poor, my wife works part time and puts us exceeding median income a good bit. We don't eat out and eat real food, not processed from a box. That takes care of $1000/month. Like I said, I live in a McThimble, not a McMansion and to afford just the McThimble I live out in the middle of nowhere. Gas alone just us going to work takes $600 out of my pocket. Right there with gas and groceries is half of both of our monthly income. Sure I could move closer to work to save on gas, but I can't see how increasing my house payment by $1000 will save me enough of my $600 gas budget to make sense.
So, yeah, I hear ya OP. It seems to never end.