My life insurance is term, $1,000,000 and cost me $65 a month. I am 52. Health insurance for my family would be $1050 if I had kids on it and is an HSA with a $6500 deductible per insured I think.
Property is a drag if it isn't producing income. If it is it can be great, or at least it has been for me. I can say I have anything to complain about but I live even more spartan than you as far as accommodations. I think I only own 2 rent houses that aren't nicer than the one I live in. One thing I think is important in a recurring revenue model is making sure your pricing keeps pace with inflation. If you don't you make 10% less in 3 years relatively speaking. On Fri, Jan 13, 2017 at 1:02 PM can...@believewireless.net < p...@believewireless.net> wrote: > 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? > > > > >
