Content
@
0 reply
0 recast
0 reaction
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?
25 replies
13 recasts
60 reactions
HankMoody 🎩
@hankmoody
I loved your analysis, Anna! I would like to know where you are from to have more context. Without a doubt, when you have a baby, everything changes and expenses are no exception. Here in Argentina, it is crazy that living costs more than in Europe. But the most crazy thing is that our salaries are perhaps 10 or 20 times less than those there. It is a pretty terrible situation. Thank you very much for sharing this genius with us!!
2 replies
0 recast
5 reactions
Ⓜ️arinaYa
@ramina13
very familiar to Brazil. i'm always amazed that many people for some reason think that life in LatAm costs a penny, but we eat bananas straight from the palm tree and lie around on the sea all day. i think now the cost of comfortable life is very expensive everywhere((
1 reply
1 recast
2 reactions
HankMoody 🎩
@hankmoody
That's right, my dear Marina! Hey, but I like the idea of going to Brazil and lying near the sea! 😂😂
1 reply
0 recast
1 reaction
