Hi!
I'm 29 y/o, living in Belgium, Europe. My revenue is 1.500 EUR/month (net 1.230 EUR / month after taxes).
I have a small company-car, fuel is paid by company. I live in the city I work in, commute is about 10 minutes.
ATM, I still live with my parents, so I don't have any food or rent costs.
I've saved up around 25.000 EUR during the two years I have been working. I don't have any debts.
I save almost everything I earn, but have set myself 200 EUR 'allowance' for discretionary spending (books, hobby, socialising, etc). I rarely use it all.
I have ca 6.000 EUR in the Vanguard 500, however as it is in $USD, I don't know if it is prudent in the long run.
I have 4.000 EUR in gold bullion coins.
The remaining 15.000 EUR is on my bank-account, not earning more than 1% in interest. (Ouch).
I don't have any higher education or particular skills, I'm lucky to be working in the company that I am, but I do not have any career prospects of earning much more than I do now.
The only other way would be to find something I can do as self-employed (web bizz, etc), but I am not sure if and what I could do.
I'm looking to move out from my parents, and this will change the equation a lot.
The projected costs are:
Small studios or apartments are around 5-600EUR / month, utilities will be around 100 EUR/month, and food probably 450 EUR / month (I am a powerlifter, I eat more than average).
Total: 1050-1150 EUR/ month costs. This leaves only 80-180 EUR for saving AND any other kind of spending.
This is the reason I've been living with my parents, I can save much much more.
Now, I'm also looking to go my own way, but as you can see, there is barely anything left in that scenario.
Unless I can find something that I'm good at, that I can do on my own, I do not see how I can do anything more than either live at parents, or living from paycheck to paycheck.
I'm very interested in hearing your input in what I can change, or other ideas in becoming more independent in the long run.