Still $1300 for food, utilities, car, various insurances, basic household items, etc. seems really lean.
I’m not sure hobbies count for ‘nut’ purposes, but I’d count the travel you described as an expensive hobby. If, as you say, it would have to go, then it is of course excluded from the monthly nut.
Obviously I didn’t think he had a car payment. Owning a car ain’t free, tho. Gas, tags, maintenance, parking when going out. Also insurance, but I did list that separately.
I guess this varies by state. I pay like $450 for three years, so that’s pretty marginal. Maintenance should be a couple oil changes of $50 and maybe some slight upkeep for what I assume is a rich man’s car, tires every few years: marginal, marginal.
Parking when going out probably the biggest cost, although I assume poster mostly Ubers when going out.
Not directly FIRE related, but thought this was an interesting exercise. Basically, asking people what their ideal future looked like, and then trying to actually pencil out how much money that life would require.
i love the first one, they’re like, “hey this 50,000$/year elementary school is more expensive than you think, one time they asked me for a $500 donation”
I think he’s probably thinking of a library more as a huge marble building full of dusty old books founded by a Carnegie or a Ivy league endowment and less as a community center where people can actually hang out, learn, and build community without having to spend money…