Congrats on getting your head above water. Most people I know may bit have dug a hole but still started with nothing. When I was in the Corps and my daughter was born we had to eat tofu for 3 months because we couldn't afford to feed her and meat for us.
You can really get ahead once you start making more by socking the extra away. I paid off my house in 3 years by not spending my extra income my wisp was starting to spin off. I still live in that same house for now. I am very grateful as God and the WISP business has paid for 2 college educations and more than a few houses. What a great country where an idiot like me can be so fortunate. On Fri, Jan 13, 2017, 5:52 PM Lewis Bergman <[email protected]> wrote: That's my plan when I get a bit older. That or a Glock. On Fri, Jan 13, 2017, 4:13 PM <[email protected]> wrote: You can always put all your assets in a trust controlled by your kids, pay yourself minimum wage, have the company buy your meals, cars, fuel. And then fly with no insurance. Medicare will take care of you. *From:* Eric Kuhnke *Sent:* Friday, January 13, 2017 3:10 PM *To:* [email protected] *Subject:* Re: [AFMUG] OT Slightly, Cost of Living $2100 a month for health insurance??? My wife and I pay $150 Canadian a month for both of us for the BC provincial health insurance... Part of the federally funded system. I cannot even fathom the idea of paying $500, $1000 or more for health insurance for a family of 2 people, or 2 people + children, etc. It's true that income taxes and other taxes are higher in Canada, but if you consider that $2100 as a "tax" on your life and add it up to your federal payroll deducations for US income tax, you may actually be paying a lot more in a year than I do. No matter what income bracket you're in. On Fri, Jan 13, 2017 at 9:57 AM, Sterling Jacobson <[email protected]> wrote: I'm guessing this information is like a lot of you out there. Except maybe my earnings because I am making about double median gross salary for my city. I'm not saying I work double, but I do fulfill many roles as the only salary employee of my startup ISP. I don't think I can replace myself for the same cost to the company, so I feel ok with that. I don't live extravagantly, but I do live comfortably. I have a 3100 sqr foot rambler I've lived in since 2001 with a house payment of around $1500 a month. But my biggest expense is health/insurance and medical. I now pay about $2100 a month for my family health insurance through IHC. I just signed up for a good Dental Gold plan at $100 a month for my family, but since it's not company I have to wait 6-12 months for a lot of the benefits :( The insurance deductibles are I think around $6000 a year and I have medications that eat up most of that. I just upped my life and disability insurance on myself and my wife to make sure things don't go bad if I die, that's around $550 a month. I think I spend about $1000 a month on eating, groceries and movies/date nights, at least that's what I came up to in December so that might be a bit off. I've got real estate I'm still trying to sell, but it's not the panica everyone says it is, lol! I just feel like finances don't go as far as they used to a few years ago. I'm not sparking a political debate, just wanted to see if everyone see things in a similar light? Or am I just doing the wrong things?
