Where to go from here???A while back, last February I posted my case. I got a good reasonable response and have made headway in a couple different areas.
https://forum.mrmoneymustache.com/ask-a-mustachian/case-study-me-frugal-in-life-debt-by-education/Below, I have provided an update of the current financial status today.
Question: What else can I do to live more frugally. I LOVE not spending $. Saving and investing $ is the equivalent of many Unmustacians going out for a nice dinner.... I've recently purchased a house for my little (non-married) family. Son is now 9 months old and it was important to give him a neighborhood/backyard/home to call his. I'm really looking for answers where I can skimp and save anywhere! I wish MMM would address the low income 20-somethings more often so that I can get a read on where I stand.
Any advice is advice!
Stats:Age: 28, unmarried living with significant other and our 9mo. old
Income: 2,200 after tax monthly
MITI:$750, $94k mortgage at 4%
Utilities: $80
Car insurance: $60
Student loan: $200, $7k at 2.1%
Hospital Baby Bill: $62.50/mo, $1,585 at 0%
Grocery:$150
Phone: $40
Gas: aprox $175 (work 25 miles one way, I'm still working on this one! Hopefully down to 5 miles by Feb '14*
Car paid off: still put $175/mo into auto savings account. -2003 Jetta, 140k miles-
AssetsPublic emp retirement fund that I no longer contribute to since I'm in a different job: $10,000
Deferred comp ING account I no longer contribute to since I'm in different job: $3,800 (steady growth w/ market)
Stocks: $4,000 (variety of Large Cap)
HSA: $600
Car Savings Acct: $1,400
Banked: $4,000 (sv/chk negligable %)
Updated Life Info from original post: 9 month healthy boy. Finances are still separate and still good idea since GF not up for the Mustachian lifestyle yet. Major goal has been accomplished to buy a home and start building equity. I've been using the Amex Preferred Blue Cash card to get the 6% back on groceries & 3% back on gas. Paid balance in full every month.
I might be in decent shape, but please light my hair on fire...