Personal Development for Smart People Forums - View Single Post - How much money do you need for your ideal lifestyle?

Scipio · 09-24-2009, 08:00 PM

As for me, $1000 USD after tax per month would be perfectly fine if it was passive income. But I like the goal of earning $100 per day in passive income, or $3000 per month. I would probably give the extra money to a charity I'm really fond of, the Ayn Rand Institute, and help my Mom pay off her mortgage. Note that last month in Korea I was making more than this, after taxes, but I was working as an employee and the job was not exactly fun.

Having $1000 per month in Thailand would be enough for a great apartment for me, as a single guy, as well as a maid to come in twice a week, have all my laundry done for me, travel all around South East Asia, eat delicious food cooked for me by other people at every meal, have 1 on 1 private lessons with Thai language teachers, etc. I already did this as a 19 year old when I lived in Thailand to train Muay Thai. I bought all sorts of luxuries such as custom made suits, designer clothes, and went to restaurants with world renowned chefs. So I would say yes I like luxuries, but getting a good deal is fun for me. Good food is what I spend most of my money on (fresh vegetables and free range meats).

I don't have a car now and probably still would not want one then. They're a big waste of money.

09-24-2009, 08:00 PM	#9 (permalink)
Scipio Senior Member Join Date: Nov 2006 Posts: 369	As for me, $1000 USD after tax per month would be perfectly fine if it was passive income. But I like the goal of earning $100 per day in passive income, or $3000 per month. I would probably give the extra money to a charity I'm really fond of, the Ayn Rand Institute, and help my Mom pay off her mortgage. Note that last month in Korea I was making more than this, after taxes, but I was working as an employee and the job was not exactly fun. Having $1000 per month in Thailand would be enough for a great apartment for me, as a single guy, as well as a maid to come in twice a week, have all my laundry done for me, travel all around South East Asia, eat delicious food cooked for me by other people at every meal, have 1 on 1 private lessons with Thai language teachers, etc. I already did this as a 19 year old when I lived in Thailand to train Muay Thai. I bought all sorts of luxuries such as custom made suits, designer clothes, and went to restaurants with world renowned chefs. So I would say yes I like luxuries, but getting a good deal is fun for me. Good food is what I spend most of my money on (fresh vegetables and free range meats). I don't have a car now and probably still would not want one then. They're a big waste of money. Last edited by Scipio; 09-24-2009 at 08:04 PM.