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Tag Archives: cost of living

Did We Manage to Live On 50% Our Income This Year?

living on half your income

My regular readers might have some big question marks about this post because I’ve never talked about living on half our income or made it a public goal. I don’t even know that we’ve been consciously trying to live on half, but we do try to invest and save as much as possible with the goal of leaving the rat race within the next decade. I actually had another post title picked out but when I read this post on Budgets are Sexy, I decided to copy change the name in tribute to all those other people out there who are working toward a similar goal. When you track your spending it can be really eye opening, in a good or bad way, to see where your money went. So without further ado, let’s see if we managed to live on 50% of our income this past year. I won’t  give  exact numbers as to how much money we bring home. Some people would say we are wasting our time with the amount we make and save. Others would say we are rich, and there is no way to save much because their income isn’t as high as ours. I ...

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