I'm not 100% sure but I think his wife works and has insurance for the family. They don't actually live off her earnings though - they're entirely covered by the dividends his investments generate.bampf wrote: ↑Sun Sep 13, 2020 2:23 pmI read this and it sounds cool. Except, you know, I don't see how it works. Supposedly the car insurance was zero for the month of August. No mention of health insurance for a family of four. $400 for food. Internet at $45. No clothing budget. No school supplies. And you know, he makes an income off his website I think. I am always mystified when folks talk about making it on ~$40K a year with mortgage being $28K.
In fairness I didn't read through more than a few minutes of posts. I like the frugality and I like the practicality. I don't see how you can avoid paying anything to repair the house, save for children's education, repair the car, dentistry and so forth. But, they have a plan and I guess that matters.
They spend about $400/mo on food since he cooks a lot. Not gifts given out, he makes. There's no car insurance or anything because they lump sum it annually, but it is calculated in their spending when it's spent. He adds in school supplies and stuff when they're purchased monthly and straight up says his income for the website is negligible at best. They're just a really REALLY frugal family in a suburb of a HCOL area (Seattle).
Meanwhile, I can't get my food budget under $600 for just myself! ...but I also don't want to cook every day, so there's that