12-29-2021, 07:19 AM
(12-29-2021, 05:22 AM)cemanuel Wrote: I was a classic "asset rich, cash poor" case.
Say, I think that expression describes me pretty well right now. Currently, my salary + my dividends covers my basic expenses, but I have to liquidate assets to buy things, go on vacation, give gifts, replenish my emergency fund after something happens, etc. That will ease up in a few years, as my salary will increase, dividends will increase, my daughter has only two years of camp left, and child support is supposed to go down by a 1/3 after she reaches 18.
> Worked out in the end though and I learned that the savings from bringing my lunch to work instead of going to a restaurant, even fast-food, really did add up. And made me healthier, I'm sure.
When I commuted into Boston I was spending about $15/day on food.