tag:blogger.com,1999:blog-7623646572960851448.post3621339065030098713..comments2011-01-21T02:13:15.016-08:00Comments on Goodbye Debt!: Living At The Poverty LineSick of Debthttp://www.blogger.com/profile/08823916489556418817noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-7623646572960851448.post-66192865031969063932007-12-13T09:52:00.000-08:002007-12-13T09:52:00.000-08:00Here's some details of what I consider right now o...Here's some details of what I consider right now our basic necessities:<BR/><BR/>$1127 Mortgage (includes homeowners insurance)<BR/>$240 Car Gas<BR/>$30 House Phone<BR/>$89 Electricity<BR/>$45 Water<BR/>$77 Natural Gas<BR/>$160 Groceries<BR/>$95 Life Insurance<BR/>$30 Toiletries<BR/>$200 Other Car Expenses (insurance, stickers, repairs, not monthly)<BR/><BR/>Total: $2093/month<BR/><BR/>Rental Income: $1300/month<BR/><BR/>Required from employment to cover basic needs: $2093 - $1300 = $793.<BR/><BR/>I've got some calls to make to reduce the life insurance amount by $30-40, but everything else is streamlined as much as we can. If I ignore the life insurance as a basic need, then my rough number this morning of $700 would be about right.Sick of Debthttps://www.blogger.com/profile/08823916489556418817noreply@blogger.comtag:blogger.com,1999:blog-7623646572960851448.post-86978475382983856652007-12-13T09:29:00.000-08:002007-12-13T09:29:00.000-08:00Even with just the 3 of you, I have no idea how yo...Even with just the 3 of you, I have no idea how you can live on $700 a month. You are definitely living like "no one else". I spend almost all of that in just my house - payment $422, electric $70, gas $92, water $40 = $624<BR/><BR/>What about food? Car insurance? health insurance? life insurance? home owners insurance? auto fuel? Could all these expenses be rolled into that amount?Denise Mallhttps://www.blogger.com/profile/13253101883627114010noreply@blogger.com