I’ve put off this post for months. I think every time I post a “How Much Does It Cost to Live in an Airstream” I mention that the numbers don’t include EVERYTHING, just what is unique to our particular lifestyle. There really is another side to that coin, however, that includes long term planning like…
Very interesting stuff. I treat mine in a similar way. We have a fixed and flexible. But we always pay ourselves first and save a portion of our income. I treat our savings as a fixed monthly cost.
We’ve used a 40/35/25 formula I came up with. We save 40% of our income. 35% is fixed costs and 25% is flexible spending from month to month. We roll over our flexible if we don’t spend it all. And adhere to a strict policy of don’t spend more than we earn.
We’re excited to see how this will adjust when we are on the road as our fixed costs should reduce greatly.
Thanks Mike!! We too have a portion of our fixed monthly cost that goes to savings (I guess I didn’t spell that out) but most of it goes to A) the car fund B) our Whole Life Insurance Plan or C) the HSA account. Now I’m curious what % it actually is as I like those numbers!
Makes sense to me! Thanks for this! helps me plan a bit better!
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