Whats your magic number for stress free life

[FrustratedVuncle]

16 hours ago, 11_MohanReddy said:

All I can say is money alone is not the cause of stress. 

Of course Anna. Any rock teeth fall. I was talking interms of money stress obviously 

12 hours ago, perugu_vada said:

Uncle mi bro in law tho business plan cheyinchaleda mi in-laws inka ? Intha swecha ga how u are able to do calculations 

Adi manchike jarigindhi anykovali, 2 weeks okasari 10L worth 5L now we lost our money value please ask money to return Ani mood vachinapudalla torturing 

[FrustratedVuncle]

10 hours ago, Peddayana said:

@FrustratedVuncle

Domestic ga travel/vacations cheyava? everything is so expensive now so add that costs as well

easily runs into thousands assuming at least 1 good vacation per year (7 days) and 2 small vacations (3-4 days)

every year India trips vese vallu untara?

Subscriptions, credit cards (If you farm points and have annual fee cards),

overall I feel misc expense 5k is very less , you buy so many things, costco, sam pother min 500-600 untundi, is that counted against food costs?

eating out/restaurants is also missing

health care costs increase significant more than inflation as you move into upper 30s and 40s, lot of people will be surprised

For me, having 10k income per month net after taxes (outside of job) while house and car being fully paid (with 1M+ net worth) is a decent stable state 

at that stage you do not have to worry about job loss, monthly expenses are taken care off and your life is more or less insulated from normal expenses, tension free life untundi mostly

people who have rental properties and/or dividends/other incomes are truly blessed!

 

Anna job layoff aithe who cares about vacations, eating restaurants. If we were to budget for those then there's no end. Of course evari stress free life meaning is different. I agree with your magic number, it makes sense 

[TuesdayStories]

Mee attha peeka koriki bengu vuncle chevulu mukku vaddule 

[pizzaaddict]

2 minutes ago, TuesdayStories said:

Mee attha peeka koriki bengu vuncle chevulu mukku vaddule 

[ManchamKodi]

On 10/25/2024 at 6:43 PM, FrustratedVuncle said:

No violence. Only peace 🕊️ 

peace lo how ? work kadu anna please plan for murder @Android_Halwa anna tolded

[andhracrazystar]

On 10/25/2024 at 3:22 PM, FrustratedVuncle said:

Kids ki job vache daka major karchulu: Say they get job by 21, 16 yrs to go

Food per month - 1000 - 12000/yr
phone cost - 100 - 1200/yr
Power - 200/mo - 2400/yr
Water&Trash - 200/mo - 2400/yr
Property tax - 16k/yr
home insurance - 3k/yr
health insurance - 1000/mo - 12000/yr
Hospital bills -  200/mo - 2400/yr
internet - 75/mo = 900/yr
car insuracne - 1500/yr
India trips - 6k/yr
Misc - 5000/yr

Per year total = $67,200

With an annual payment of $67,200 adjusted for a 3.5% inflation rate over 16 years, the total amount would be approximately $1,410,676

Remaining Mortage - 323k
2 kids education - 300k (150k per kid)
Car loan - 13k

Total liquid cash I want right now to be stress free =~2M

Me magic number entha?

Good ond