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Anna Morris π©πΏ
@klusya
Do you know how much $$$ you need to never work again? I started tracking my expenses at the end of 2021, so finally I have 3-year statistics. This is how much I've spent each year, not including travel: - 2022 - $8400 - 2023 - $6612 - 2024 - $5876 My lifestyle has gotten more conscious and sustainable throughout the years, explaining the downward trend that contradicts inflation. Travel cost me either $900 or $2500 a year - depending on the number and intensity of trips. So basically if I had $10k a year I would feel very comfortable, with a bit to spare π To get that much in passive income I would need to invest from $100k (10% APY) to $200k (5% APY). Which is what some people earn from a couple of shitcoin trades π And if I want to have kids someday, that amount would probably have to be doubled. My wish for this year is to start receiving that passive income, hopefully I'll be able to amass enough capital π How big is that number for you? Or maybe you already live on passive income?
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JAKE
@jake
I will pay you 1% of your expenses in 2024 ($58.76) to share a detailed breakdown of your expenses, ideally with the various items or categories sorted most to least and descriptions for any trick or hacks to avoid larger expenses most people incur. Would love to read/review.
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Anna Morris π©πΏ
@klusya
Thanks for the offer Jake βΊοΈ The breakdown is easy, but I'm not sure the tips & tricks will be useful - as we discussed the expenses very much depend on the region and economy. But I'll see if I have enough ideas for a Paragraph article π
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