Retire Early on $50 A Day | Frugal Living Minimalist Sample Budget
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- Опубліковано 1 жов 2024
- You can Retire Early on ONLY $50 a day. We examine a Frugal Living Minimalist Sample Budget that Actually Works (line by line), as well as explore in the later half of the video passive income strategies to earn you over $50/day in retirement - from rental properties to stock portfolios.
I think some people won't think the numbers work. So, here are actual possible numbers of a sample frugal living minimalist budget.
Low Income Minimum Wage Frugal Budget Example:
$9.50 per hour x 40 hours per week = $380/week or $1634/month INCOME.
RENT: Bachelor Apartment in Major Metro: 900/month (split with partner) = $450/month (your portion)
Groceries: $56/week ($240.80/month) - Bonus divided by 2 with a partner (120.40)
Phone: $25/month
Transportation: $21/week (90.30/month)
Health & Hygiene: $32/week ($137.60/month)
Misc Spending: $22/week (94.60/month)
Total Spending: $1038.30/month
Total Left for Savings: $595.70/month ($7,148.40 per year!)
This means one can live on $1634-595.70 = $1038.30/month on the super frugal side (with a partner to share the rent in a HCOL area).
*****I proposed $1500/month in the video, which leaves an extra nearly $600 for other expenses you think I've missed in the budget :) (SEE YOU IN THE COMMENTS!)
**Join the FIRE (financial independence retire early) Movement and live the FIRE lifestyle to begin saving money towards your freedom today. It all starts with building an emergency fund (safety net), rent or house hacking, and creating budget you can stick to! Unlock financial independence by embracing a frugal lifestyle: Spend less, Earn more, and maximize your returns! I hope you enjoy these money saving tips and tricks and begin saving money fast!
Other Great Frugal Financial Independence Videos:
Secret to Retiring Early : The 4% Rule
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Frugal Living To Retire Early : It’s Simple But Works
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How Anyone can Retire in Their 20s or 30s..Real Example Math
Link: www.youtube.co....
Meet the Most Frugal Man in the World?! (Early Retirement Extreme's Jacob Lund Fisker)
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How to Save Money On Minimum Wage:
• How to Save Money on M...
#Budget #Frugal #Minimalist
Follow along with me on Instagram: @mikerosehart
The Gateway Book: Early Retirement Extreme: A Philosophical and Practical Guide to Financial Independence
Blog: Early Retirement Extreme (Earlyretirementextreme.com) @ Jacob Lund Fisker
Hey, Mike! I just wanted to take the time to thank you for creating such simple, but yet enjoyable content! I’m a 22 year old man from Ohio working as a nurse (LPN). I finished school in January With zero student loan debt, I decided to go back to school for my RN this coming August. After watching your videos a while back I knew it was time to take charge of my life. I began to put in the work around March of this year. I worked 5 days a week , 12 hours a day. With my job I’m able to pick up as much overtime as I like. I now have my tuition payment in full and will be able to go through school with zero debt! I have fully funded my Roth IRA for the year and have created a great emergency fund. I have been blessed with the ability to still live with my parents and to have a reliable car fully paid off! I just wanted to let you know some of us are taking your advice, I used to be the guy who spent his whole paycheck. But now I’m thankful to have studied your videos and similar channels. It’s a great adrenaline rush to Follow the process to financial freedom! So once again, thank you! My future self thanks you also! Haha
Brayden M aww I really appreciate this comment!
Wow, great job!
Cuba 700$ for 14days all included just do that lol
Luxury FIRE or Frugal FIRE? Where do you fall on the spectrum?
Do you like the new terminology? I want to rebrand the FAT FIRE & LEAN FIRE to LUX & Frugal FIRE - sounds better on both ends. Can we start a movement and coin new terms?!
I like the new terminology. I am currently using frugal fire more than luxury fire. I currently don't have enough to spend on to use luxury fire.
I think best way is to first aim for frugal FIRE and then graduate to Luxury FIRE by using your new freedom/ free time to raise your income while remaining frugal! ... Everyone thinks I'm strange for refusing to buy a car and choose to live at home but I know soon it'll pay off when I have enough to get purchase my first multi family and house hack :)
Honestly Mike! $50 a day is more than I could ask for. Your videos keep inspiring me since more than a year now. Thanks for sharing this video on Frugal living focused lifestyle. much Appreciate!!
:) it’s totally do-able! Happy to share.
@@MikeRosehart I'm starting my UA-cam channel, appreciate the love!
I live off of $1300, in living exspenses and $200 towards investments. And I make $2600 average every month. I am actually going to be cutting my bills probably about another $100! Once I’ve done all the little adjustments. Right now I’m saving towards my 3 month emergency fund, and then after paying off my car loan!
Woohoo!! I’ll help keep you accountable!
Haha thanks! I’ll keep you posted ☺️
Using some geoarbitrage to live somewhere outside the US can make this stretch a LOT further. For example even 1k per month in Mexico lets you completely ball out day and night. It's like a permanent vacation where you also save TONS of money!
Daniel Iles - Small Business woohoo!!
My husband and 3 kids actually did that! But we just recently moved back to the States because we are trying to house hack a small multi family unit.
Great idea but you are forgetting that you are still young and healthy, I was extremely healthy until I hit 29 then my health spun out of control. $250k per year in medical bills, from totally healthy. You should have a plan for the unknown too.
Tru Neilson in Canada our medical is covered :)
I’d assume having a medical coverage with a high deductible is necessary.
99/100 people won’t have a major health issue like this until they’re 60s or later (when they should be rich already - multi Millionaires from savings $40 a day their whole lives)
@@MikeRosehart I thought the same... but then the world changed on me all in one day.
Not really sure what every country has available but my plan to cover for this is to always have the health care insurance/service so must of the medical procedures are covered by that and also paying a life and disability insurance just in case something happens before I have the means to pay for anything.
As someone who's started making educational videos... I know how much effort you put into cutting up the video and getting rid of those pockets of air and 'umms' & brain farts
3D Animation Hub haha, ya it’s a lot of work, I appreciate the support!
Kyle works very hard with me to get everything just right. We’ve spent a thousand hours at least.
Hahaha bro... I get by on $28 a day. ;)
anarki777 well done!! Where does your budget go?
@@MikeRosehart Food, rent, bills and absolute necessities. No transportation costs because I walk to work.
Awesome video Mike, the quality gets better and better and the content more relevant than ever.
Thanks Hugo :)
We need to get you a second rental!!
Love your advice, but you talk so fast it’s hard to absorb so much information. I appreciate you though.
My 15 year old pauses backs up and writes notes 🤓
Great video! As a family of 3 we average $350 per month on food without really trying. That includes plenty of quality meat and some snacks. Food can be one of your biggest expenses if not watched. Some of my staples are lean ground beef, chicken, pasta, rice, potatoes, eggs and oats. Processed and frozen foods can be costly and unhealthy so none of that. Growing up poor taught me to eat the same basic meals weekly. I myself eat on $25 a week, the wife and kid treat themselves a bit more. Oh, I also am a big coffee drinker and I make every cup at home 😂. I’m an hour north of Philadelphia so average cost of living area. Coworkers look at me like I’m an alien when I take out my same old lunch week after week but inside I’m the one laughing as they hit the cafeteria daily!
Patrick G :D 🤣
Patrick G that’s still great
Hi Patrick, how do you manage to keep your food bill so low?
@@hellofromdave oddly that is our food bill with a family of six. 🤔
Family of about the same food budget woohoo 🤣
wait $1500 a month? I spend about that an hour from NYC!
Shady haha 🤣
Stay with me and follow the budget.
One subscriber had $4000/month rent in NYC and it was a 3 bed with den they rented 3 other rooms out for $1200/month each, and were living for $400/month in a really nice place in the burrows for super cheap :)
There is always an alternative :)
@@MikeRosehart I'm saving about $2600 a month, spending $1600. Renting for now, but I should be able to buy a property to rent out & live in some time in 2020 hopefully. Then I will be be able to save even more. Hopefully I can retire by 25 (only 19 now) :P
My hubby and I currently live on $1900 combined per month. We do this out of necessity but its great practice for when we get our income up and strive to FI one day. We spend $250 on groceries combined per month but its tight. We are in New Brunswick where food costs more and sales tax is higher than when I was in Ontario
Kaye Puhakka amazing! :)
how do i find a partner to split 1 bedroom apartment with
Squints you could ask friends, or post a roommate wanted (make sure you vet them really really well if you’re going that route). You could also eventually find a significant other to share with
Mike Rosehart or would doing a loft bed style (like what college kids do in dorms) be another good idea? Or bunk beds. Lofted beds are good because you can fit your desk under it to save space
lux fire frugal fire!
Pretty simple, don't eat out. Make all your food at home. Chickpea bean salads, pack that to go all day everyday. With much of what you said, it either comes naturally to people but it isn't hard if you want to learn. But if you don't want to learn.. .well them someone has to be your tenants..
Chickpeas every day!
I live off of $400 a month easy in the U.S,$1500 is absolutely crazy. 😂
10K Subs No Videos :D
No house payment or rent?
I love your frugality videos. I can't believe the things people (myself included) waste money on. Ex. my co-workers buy lunch every single day. That's $10 a day down the drain. Not worth it!
Ange Ferns it really isn’t! Some ppl in the comments are living on half this even too.
1500 USD is not much money? It's about 1350 EUR. More as I earn for a month of working here in germany. But I can easily life on less here. Try to life on 900 USD, then you'll know, what "not much money" really means.
Mike, grocery budget is $150/wk and new eating out budget is $50/wk. Only eating out once or twice a week. Feel guilty even writing that. I’m rolling in a Chevy Volt. 1-3 gallons a week and very little maintenance. Highly recommend looking at this. Condo and property tax is about $550/mo. So about $2k/mo for big three. I’m not sure that I’m willing to drop below this? Although might house hack in a different city. Thank you.
If you’re happy with where you’re at, enjoy it! I’d like to be at 100/day, I’ve been floating around there lately. But I could easily spend 300-400/day with no issues on my passive income.
Well, I can beat that budget by at least 50% because your figures are either Canadian dollars or U. S. dollars, and many of us in other countries with lower-value currencies are doing that kind of budget in OUR currency. E.g., I do rent in a very nice place and all utilities for less than U.S.$500 per month.
Brent Shuffler :D it’s definitely not the most extreme that exists.
I’m surprised there hasn’t been more pushback. Mostly folks saying $1500/month is do-able; which I agree with. I thought we’d see lots of fun people coming on to say 100/day was Minimum.
@@MikeRosehart It's not doable for me: a single mom living in NYC. Not even close. Our rent is $!300 a month. Car insurance: $350
Fucking hell talking about frugal living, spending what I earn in a month and calling that frugal 😅
Think he needs to redefine frugal for himself.
Hi Mike, I recently saw u on the Tamron Hall show & was so fascinated by what u said. I wanted to hear more about how u did this, I searched & found ur channel. After listening to u I want to retire early & have financial independence, currently my issue is student loan debt. I'm working on getting it paid off. I'm on a budget & have cut back on alot of stuff. Any advice on how to start fire when u have debt. Thanks for sharing.
Gail Lovell start with a debt snowball or debt avalanche repayment for plan. Put your savings towards paying down debt. I did a video on both those techniques
@@MikeRosehart thanks, what's the debt avalanche? The student loan is my only debt. Can u link the video please?
I am budgeting now as I never did before and can see where my money is. I still need to clean it up some more. Food and Uber’s I am working on decreasing.
Love it :)
I live off of $23 dollars a month in Las Vegas. Monthly expenses $950-$-1000 max all in for the last year and half. I have no debts and been extremely aggressive with investing : )
J T amazing!! You’re on your way to FIRE
Only if you are very lucky all the time. Will be always some extra expenses. If any one could show a full year expenses, ideally 5 year credit card history. That will bring your the reality, not just pure calculations.
For sure 👌
So if it ends up 60/day whatever ✅
You are ignoring the basic concept of "living with dignity"... Yes, live frugal, but you need much more than $1500/mo to live with dignity (late model car, overseas travel 4x/yr, college paid for your kids, boating, mountain biking, hiking, xtra money for emergencies like Covid, better health care, better dental care, better hair care, better clothes, etc)
Work hard for 35 years, sock away as much as possible, retire with dignity as a millionaire. Its not that hard... You really don't need to buy the snake oil hype for clicks from this guy or MMM.
Work hard 17-26 and retire a millionaire by embracing frugality when young 👌
The strategy ($1500) you came up with is definitely doable for "frugal fire". "Lux fire" is a different level.
I haven't sat down, and calculate my food monthly spending, but as of right now because it's only me, it's definitely less than $250.
This is very good information. Thanks.
Thanks 🙏 I agree.
Lux FIRE if 1000/day is next level.
Hi Mike. I am so glad I found your video here late last night. I'm 53 years old, a single mom living in NYC. I've been teaching for 22 years and I am ashamed to admit, still have trouble making ends meet. Something has to give. We pay $1300 in rent here and car insurance and lease (which has 2.5 more years) comes out to $700 month. So many other expenses. Don't know how I'll ever get ahead. Any practical advice for me?
Cynthia Ava NYC is very expensive, its a tough go!
There are lots of things you can do to get expenses down, you could try house or rent hacking, building a budget and finding ways to cut is very helpful. Just looking at the budget will likely give you ideas on where you spend and where you can cut.
This is what I love about FI. So many paths to get there.👍🏻🔥🔥🔥🔥
Good video. However, the housing cost and the $21 a week for transportation above seems unrealistic unless one doesn't own a car.
I believe in the video I budgeted $150/month for transportation of the 1500/month. $5/day approx.
our car insurance is 79/month for the two of us. Our car was 2500, owned in cash. 2009 Ford Focus. Low KM.
We do about 750km of driving per month in our car in the summer with travel for beach day trip etc,Which is about $50/month in gas in our car. Maintenance is minimal in the last 2 years. I bike a lot! I prefer it in the city, we bring the bike trolly tow along for the kids behind. And I have passive income of 6 figures so I could easily spend more. I live perfectly as I am I feel.
Our insurance is $65 per month and gas is $45. We have a Prius that we paid cash for. The cost goes up if we need maintenance obviously but thats the base to operate it. Weve had to pay $2500 for maintenance this year but it should be good for a few years now, just oil changes and other minor upkeep. No car payment changes your world! (These amounts are split between 2 people)
@@MikeRosehart Thank you for the reply. The $21 a week shown does not add up to $150 per month. The $150 seems very realistic for one car. I have never had a car payment, but oil changes, new tires, and repairs do add up. Overall, I really like this video.
@@OreoPerryCat It is more realistic if the car is shared between 2 people for sure.
No house payment. house paid off but the taxes and insurance are killer!!
Tina Lindsey downsize :D
@@MikeRosehart we have about six acres and a small log home with a pool. We love our privacy. No price on that. Anywhere else would be more expensive for less I believe. Good channel. :)
Tina Lindsey amazing! I can see where you’re coming from.
How do you get your phone bill to $25? What do you use?
What about housing taxes and insurance?.
***Note, in Canada some provinces do pay for healthcare: It's based on your income, I pay $75 a month for MSP (Medical Services Plan) in British Columbia. Also, health care is not free, it is taken out of your taxes. In Canada we pay a much higher percentage in both personal tax and consumption tax. In British Columbia it's 7% PST (provincial sales tax) and 5% GST (Goods and Services Tax a Federal tax) for a total of 12% sales tax on everything you purchase.
James Campbell checkout my video releasing this Saturday on how to collect $100,000+ a year as a couple in TAX FREE income in Canada. (Hint early retirees collecting 100k in elig dividends pay 0 tax, plus TFSA growth). So early retirees don’t need to pay tax at all. Even retirees in their 20s living off their assets passive income. Early retirement is great. Free healthcare you don’t have to pay for ;P
$75/month isn’t much. You could build in a healthcare budget of $200/month and let it into an account, I’d have thousands in mine as I’ve not had any major health issues as of yet.
James Campbell the taxes are baked into the $50/day living costs.
We do pay a sales tax but it doesn’t mean we can’t still live frugally.
@@MikeRosehart I'm single so it doesn't apply to me. I agree, $75.00 isn't a lot to pay for health care but that's only out of pocket after taxes, my question is how much of my provincial healthcare cost comes from my income tax? I'm in the 28% tax bracket. Also, I'm going to question how good is the healthcare for the price? Currently, (mid year 2019) Canada is ranked 23rd in the world. I have a nasal infection and after 3 visits to the doctor I'm being sent to specialist which I'm scheduled to see in late Jan 2020 (6 months wait). Luckily, I'm not going on WCB, but I could, wasting more taxpayers money. Very inefficient overly bureaucratic healthcare system. For every 1 doctor and 1 nurse there are between 10 - 20 administrates. I could fly to Mexico and be looked after right away for a fraction of the price by a private doctor. Speaking about Mexico, I'm there's a good chance I spend my retirement years there as I cannot afford to retire in my own country.
@@MikeRosehart I save 65% of my after taxes income. I live very frugally. I sold my car 5 years ago, my phone and internet is paid for by work, last month spent $166.00 on food. The point I'm trying to make is if I wasn't taxed so heavily by our socialist government I could make my own choices on healthcare and not have to move to a developing country to have a comfortable retirement. Checkout the "Nomad Capitalist" UA-cam Channel. It's funny (and shameful) that people from developing countries are moving to developed countries for opportunity (or for the welfare state) and retirees from the developed countries are moving to developing countries to afford retirement, including healthcare, affordable local food, affordable rent and of course the weather!
@@MikeRosehart 2018 I lived on $58.83 so I know I can do it! The problem is if I was to retire today on CPP & OAS I'm short $600 a month to make that number. Canadians have to realize that "the government" doesn't have our back and we have to take matters into our own hands and look after ourselves. Which is why you make these videos and why I watch them. Canadians have gotten too complacent and too reliant on the government to look after them. We think we deserve a certain "lifestyle" and too many of us are not willing to even look at monthly expenses and even just refuse because they know they're spending unnecessarily and don't want to face the music. Too much entitlement in western society, too much blame, and not enough accountability to one self. I'm planning on semi-retiring in 4 years spending 6 months working in British Columbia (spring/summer) and 6 months (winters) in Latin America.
This is very aspirational! Have you run into much trouble acting as landlord for your rental property? The possibility of high cost repairs and non-paying tenants would make me nervous!
MJ L definitely some headaches, and time invested (1 hour per week on average per property), but it’s well worth it. Especially compared to a 9-5 job.
You said this is possible in 4-5 years by investing in stocks, care to elaborate? I am seriously skeptical, unless you're assuming and already very high annual income.
NoviceExpert correct. I’m assuming average North American wages for a couple.
In Canada it’s around 46,000 x 2 in the family.
If you’re living on about 18k/year (50/day), and investing the rest, at 6-9% you’ll hit the target.
I learn lots from your videos. Enjoy your content.😁
Georgiann Maloney aww thanks 🙏
nice
Shady that was me doing some gas by jerry can in the thumbnail - click bait frugal tip haha. Siphon gas from neighbour 🤣 I’m kidding :P
Would you do a family budget?
Lacy Eileen sure :)
Ya, I’d say around 75-100/day with a decent sized family is plenty.
Thank you Mike for being clear in the show. My question is based on how you come to that conclusion, I think that your offers are too expensive, can you tell me more how can I get a bargain in my retirement ?
John Tiedemann how do you mean a bargain?
It’s based on your spending. If you can live on 25/day you need a lot less to retire. Half the retirement funds.
Hey Mike, just letting you know that some of your videos including this one have no subtitles, not even a automatically generated one.
Katar how do I fix that? I don’t write subtitles for my videos, not sure why it wouldn’t auto generate.
@@MikeRosehart UA-cam lists reasons why captions may fail to autos generate but honestly your audio sounds good so I'm not sure why either.
The reasons they list include:
The captions aren't available yet due to processing complex audio in the video.
The language in the video is not yet supported by automatic captions.
The video is too long.
The video has poor sound quality or contains speech that UA-cam doesn't recognize.
There is a long period of silence at the beginning of the video.
There are multiple speakers whose speech overlaps.
Your best option probably is to make your own subtitles, or hire someone else to do it. Or just... don't, and make all the deaf people / people who want to watch on the bus sad. (Only slightly joking :P)
If you can't find anyone to do it, I would! (1$ per minute of video :D) I'm very meticulous, and I'm liking your channel so far. My goal is to retire in about 5-10 years through frugality and investments and its awesome you're an Ontarian like me who actually walked the path.
More info at: support.google.com/youtube/answer/6373554?hl=en
Katar ill do my best :)
Thanks!! Appreciate that.
Love to see how you can keep your food budget so low. Is there a video coming on this or is it already uploaded and I can’t find it??
Anna Power I’ve touched on it in past videos but I don’t think I’ve specifically done a video where I go shopping at the store. I could do that, it might do well.
50 a day in Thailand you live life easy
Awesome video! So much value here. I need to dig in and see how low we can get our budget!
❤️
Yes this is totally doable! My BF and I live on about $80/day for the two of us in Midtown Toronto and don't feel at all deprived. We spend more on rent and food than your example, but less on transportation as I work from home and my BF bikes to work so we probably spend less than $30/month on that. We spend probably $400/month on food and household supplies, and probably $100/month on entertainment/travel. So if we needed to, I bet we could live off of $60/day for the both of us with a bit more effort and less travel.
Do you have a video on duplex and triplex specifically? On how to get one with 18k down payment and leverage (if I understood you correctly).
Ayan B 180k might get you a 180k house at 10% down, or 360k house at 5% down.
Ayan B I do have videos on this :)
@@MikeRosehart I'm looking. What title should I search for?
How do you do 10% or 5% as opposed to 20%?
Really enjoying these videos Mike 😎
Wach Properties thanks 🙏
Love to see how you can keep your food budget so low. Is there a video coming on this or is it already uploaded and I can’t find it??
Great video...After watching tonnes of video on how to be frugal, I am taking control over my groceries and food budget to a very frugal level for this year...Trying really hard to stretch my money and hopefully this will be my habits for many many years to come..I once read a book about habits, once will need to Keep doing the same things over and over again for at least 3 months and then it will automatically will becomes a habits....So I am starting this journey and hopefully by the end of 2020, I will see some wonderful results...Kind of excited for this challenging journey...Never been this frugal before in my life...
❤️ live the life you want to lead :)
Great video Mike with a great breakdown!
Tommy Imanov thanks 🙏 ❤️
Lux fire!
My property taxes are 1500 a month.
benedit71 actually?? Good for you though, that’s a sign of success most likely. In my area that’s gotta be a huge mansion with those property taxes.
@@MikeRosehart I hear you but not in my state, NJ, we are probably the highest in the nation, just an average house. I am retiring in few years but definitly not staying. I appreciate your tips, they are beneficial for a retiree at any age.
Food could be U.S.$50 to U.S.$100 per month, though often less. With so many fresh local foods in season in Nature (especially April to August), I have not bought groceries at all for the past 2 to 3 months. Beat that, Mike! [smile] My goal was to keep my food-cost per day under E.C.$10 or about U.S.$3.50, which is closer to U.S.$1.00 or less per meal per person.
Brent Shuffler that’s a tough one to beat. I’ve done a bunch of free meals with coupons, and promotions. I’ve also scavenged units left vacant In my units full of food, so have 0$ food cost for almost a month. I suppose that perk is part of being a landlord :P
There are lots of free meals though if you know where to look, Harvey’s had free burgers, fully loaded 1 per phone, brought 4 phone codes lol. Meal for 2 days :P
Free sit down dinners etc.
These days My time is worth too much to do that stuff.
@@MikeRosehart
I am in Australia and I am glad I came across your videos, I have since never looked back
Love it! Super inspiring!
Mike: "our healthcare is free"
Meanwhile employees earning 160k and up: paying 53% income tax.
Boy I love our "free healthcare"
Great video otherwise though! Much appreciated!
Haha 🤣 stay tuned for my next Saturday video. How to retire in Canada and earn $100,000/year completely tax free! (While enjoying free healthcare). Hint: $50,000/year in canadian Elig dividend income is completely tax free. X2 partners. I go into more detail on a second strategy for tax as well.
If you’re smart and have assets in Canada you don’t need to pay much in tax :)
It’s only the job salves that pay tax. Just like I used to be :)
@@MikeRosehart well, your fellow Canadians who make up the healthcare system and who are working in the medical industry (like myself) are all stupid "job slaves".
I should've gone into an industry where I can make income in cash under the table. 🙃
But you bet I'll watch your next videos as well! Keep up the good work buddy!
P. S. According to
neuvoo.ca/tax-calculator/?iam=&uet_calculate=calculate&salary=50000&from=year®ion=Ontario
You pay 11,131CAD in taxes if you earn 50k/yr in Ontario as you and I do.
According to the Canadian income tax code, we pay 15% on the first 46k and another 5%on the first 42k in Ontario. 🙃
I guess what bothers me if you look at the US tax rate and factor in income, FICA, Medicare, and State taxes we are basically at the same tax rate but with no universal health care.
Lux 🔥
Michael Chung Luxury FIRE 🔥
Despite my spending budget being very frugal FIRE, I still target Luxury FIRE as a stretch goal.