Poety said:
I just wanted to say thanks to everyone for all these informative posts, I'm finding them really useful as I'm sure the OP is too!
Living cheaply:
I cook nearly all my meals in, they're generally healthier than the enormous restaurant portions or the supersizit lardglobules. Food budget/groceries around $150/month (this will change as truckers charge fuel surcharges for $3/gal diesel)
I live with border $540/month housing plus 150-300 for heating in winter.
My cars are old. Some would say ancient, and I plan on throwing them away when they breakdown. For 23-30 k you can buy a nice new car, pay $1100/year for insurance, end up having to repair them when they break, and these repairs can be expensive, or you can buy a reasonable car for around $3k, spend another $1k or less getting tires, brakes, detailing, tune up (or save even more by learning to twist a wrench and do it yourself) changing your own oil (oil and filters cost $10, a wrench to do the job is another $10 and it takes less than 15 minutes to do, especially if you wear exam gloves to keep you hands clean). The $3k car is "disposable" so you don't need collision insurance saving $800 or more in insurance, and it'll probably last you 2-3 years, or about 1300/year.
The new car will last 10 years cost about 500-800/year in repairs and maintenance over its lifetime, so your yearly cost would be 3500, not counting fuel and insurance. If you dump your car every three years, you spend even more, since they lose most of their value in the first three years.
It can be done, but you have to be clever about it. I have a little vegetable plot in the summer, so all those juicy tomatos, lettuce, green peppers, beans and herbs are free. And I gave up Breyers when they doubled the price and made a half-gallon only 56 oz. My little protest. I also live near the water, and there's nothing like sitting on a pier with a fishing pole, filling the freezer with HDL bearing seafood.
Now(since you love the smell of jet-fuel), if I could only figure out how to keep gas in the the airplane....I always fly with passengers who help out with the gas, and it's paid for, so all I have to come up with is inspections and insurance, and I pay less for insurance on it than on the ancient cars.