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| *Ostroff, Fair and Company>>>Personal Finance |
What is the lowest amount of money you could live on? |
I am thinking of only woking part time (3 months on to 2 months off). I have been told from temping agencies that I can get about 拢11-13.50/hour doing finance work (I am a part qualified accountant). It will be a big drop in income but I reckon I can do it. My core bills come to 拢660 per month not sure how much I will need otherwise. How much do you reckon you could live on if you held back on luxuries? Let me congratulate you on your decission to reduce Luxuries. This is the only point which is positive in your question. All others are Negative. Why would any one want to do what you are asking? If the decission to take off for 2 months is to Learn some additional lessons relating to accounting, then it is a good idea for short time, but otherwise. You will become lazy over a period of time. You have an ability to work now but YOU WANT TO REST, but over a period of time you may have to work BUT YOUR BODY MAY NOT SUPPORT YOU BECAUSE OF OLD AGE. It is advisible to reduce expenses and Increase income and Retire early rather than taking a break every 3 months. Bye and all the best. AJ About 15 grand more than I earn... Seriously though, If your gonna work part time then you will have more leisure time and you might need more money to do fun stuff... $490 Don't even think that! $40,000.00 annually , but it would be real tough :)) Your bills come to 拢660 per month? You must be living with mummy and daddy then, in which case, that's all you need eh? as I am appraching maternity leave, I am about to find out... salary vs. statutory pay (about 拢100 a week) |
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