While starting my ISP, I lived very frugally. No paid TV, only made enough to pay bills and make dinner. Now, I'm reaping the rewards of putting all that money back into my company and taking a fat salary and still putting money back into the company.
Compared to you, yes, I'm living "extravagantly" now. But if I average it out over the years, I'm still not making much on average. But, it's growing fast. Money does seem to go further for me and this ISP thing seems like an ATM with money constantly rolling in. I don't work as much as I used to and have tons of free time. But, that was by design and why I decided to get into the recurring revenue business. On Fri, Jan 13, 2017 at 1:23 PM, <ch...@wbmfg.com> wrote: > God Bless freaking Obama Care! > > *From:* Sterling Jacobson > *Sent:* Friday, January 13, 2017 11:12 AM > *To:* af@afmug.com > *Subject:* Re: [AFMUG] OT Slightly, Cost of Living > > > I could literally buy two more houses on my cost of insurances alone. > > > > *From:* Af [mailto:af-boun...@afmug.com] *On Behalf Of *Chris Fabien > *Sent:* Friday, January 13, 2017 11:05 AM > *To:* af@afmug.com > *Subject:* Re: [AFMUG] OT Slightly, Cost of Living > > > > Personally, I am afraid to add up what I spend on all our various > insurance policies, business stuff and personal, because I am sure I'd have > a heart attack... I think it's a large part of the strain. > > > > On Fri, Jan 13, 2017 at 12:57 PM, Sterling Jacobson <sterl...@avative.net> > 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? > > >
