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Anna Morris 🎩🍿
@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 💜 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 😆 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 🙏 How big is that number for you? Or maybe you already live on passive income?
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jtgi
@jtgi
Wow. Those could easily be monthly totals in US coastal cities. What’s your secret?
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Anna Morris 🎩🍿
@klusya
@na has hit the nail on the head - I live in Europe, and also this past year I've been living more in the cottage outside of the city, working from home, so less spending on commutes, cafes, etc. So basically I'm down-down-shifting 😅 And also I've cut down on a lot of unnecessary expenses throughout the years, because I've come to enjoy a more simple and sustainable life 💚
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Ribin Ruck
@na
good numbers in europe, not living in the city center, and cooking for oneself https://warpcast.com/klusya/0xf3c5aee1
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