As a high income earner, I consider my lifestyle average but I'd like to get the point of view of people that might think what I have isn't average but actually a little lavish. what do you go without?
To start, maybe a list of my standard costs of living
- mortgage
- refresh wardrobe once a year average spend $3k
- average $20 a day on lunch, work days
- cleaner once every 3-4 weeks
- new iPhone every year
- new laptop every couple years
- one major technology buy a year (Apple Watch this year)
- a couple domestic trips per year
- ultimate fuel for my car, I don't know why, just feels better
- 2 meals out both Saturday Sunday, every weekend
- $4 coffee a day sometimes 2
Feel free to ask questions.. I want to find - are lower income earners actually very good with the money they earn? Do they go into debt? what can we learn from each other
I earn substantially more than $60k but look at that spending list as willfully profligate. I actually scrolled up to make sure it wasn't financialwar launching another troll thread.
Yearly iphone, $3k on clothes, $4000+ on lunch each year, 100+ restaurant meals every year, premium fuel - these are astonishing wastes of money to me.