Day 29 Reflections on Personal Economics
Based on my preliminary calculations, the most of the money I spend goes to where I live, the house/apartment, food and then transportation. Where other minor expenses goes to things like cell-phone, parking, gas. Otherwise if I get a higher paying job, like twice the amount I make, and I live with the same expenses, everything else I make will be profit, will be unhindered by my living expenses. I make about 25,000 $ a year before taxes. And each month I have about 500$ That I have after my living expenses. In a year that is $6000. . So If I make 30,000 a year that will be 11,000 $ profit in a year. And if I make 50,000 that is 31,000$ in a year. If I rented my own apartment that live by myself that will cost at least 500 $ more a month. That will make living expenses to 25,000 $. Though if I have roommates and rent rooms that will be back down to what it was before. If I were to crash my car and wreak it that will set me back by 9000$ at least. If I get some sickness/disease that c...