How long could you live, on $10,000? if?
How long could you live on $10,000, If you didn't have to pay rent, buy groceries or gas?
2 years | 14 | |
10 years | 9 | |
5 years | 6 |
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How long could you live on $10,000, If you didn't have to pay rent, buy groceries or gas?
2 years | 14 | |
10 years | 9 | |
5 years | 6 |
A couple months if that, that's pennies. Where I live rent is 2.5k-3k a month. How do you expect to live off $10k for years? I don't think even the cheapest states could do that. There's gas, food, phone bill, water bill, etc and then that's on top of rent
If I didn't have to pay rent, buy groceries or gas then I wouldn't even need the 10K.
I’m pretty frugal these days, quite minimalistic. So if I stayed put, quite a long time. I think it’d go faster once I started travelling.
With the amount of useless shit I buy less than 2 years. Probably will just add it to my down payment for a house.
Rent paid for = live in a mansion, sublease to a bunch of people
Gas paid for = mansion has a massive gas storage tank in the back, fill that up and sell at a discount
Groceries paid for = food storage warehouse next to mansion, again sell at a discount
my taxes insurance utilities and vehicle maintenance run about 25k a year
I honestly can't imagine that scenario. I've been paying for things ever since I graduated high school and started working back in 2006. I assume I'm unemployed in this scenario? Who the heck is paying for my house, car, food, and other shit in this scenario? My boyfriend is a teacher. He isn't swimming in that kind of dough. My parents are broke, so it can't be them. If I'm not paying for essentials what am I paying for? Since you only said gas for the car, am I paying for car repairs? Do I also pay for house repairs? Am I allowed to splurge on fancy chocolates? What about video games?
If everything else is being paid for then I'd still manage to dwindle it all in about 2 years just on things I want and dont really need. I'm a shopaholic so naturally, I would find a way xD
rent, gas and groceries are the major part of my expense, if I had to only buy what I wanted a long time
If I quit drinking then a year or two because a few years ago I got fired and had $13,000 in my bank. Rent was $860 insurance $140 and none stop alcohol for about 5months. I only had $1000 lefted before good by homeless or moving in with my mom.
With property tax, school tax, heat, water, electric, home owners insurance, car insurance, car maintenance, cable/internet bill, I would say maybe a year. probably less.
Live, probably unlimited, you have food and shelter, however, if we are maintaining current living status, with phones, utilities, insurance, taxes, car upkeep, wants and desires, then maybe 6 months to a year max.
When I lived with my dad after high school I had no rent and basically no expenses except gas, and I had enough money left over from each paycheck to save up about 5k in a few months.
I'd still be paying for gas/electric, phone, internet, car insurance, trash, water, and online subscriptions. Not to mention my car payment. I'd be lucky to make that last a year. But if you're giving it away, I wouldn't say no.
Well that just leaves the electric bill wich is about 30 bucks soooo if I did the math right 27.777777 years. But I'd invest half of it on volatile stock so likley I'd be set for life