I get half that coverage for twice that amount.
From: Lewis Bergman
Sent: Friday, January 13, 2017 1:07 PM
To: af@afmug.com
Subject: Re: [AFMUG] OT Slightly, Cost of Living
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?
