Via Lifehacker I learnt of this great article that details how one can live on an income of $12000 a year.
Further, Lifehacker says:
Granted, the $12,000 living income is wholly unrealistic for some cities (she’s only paying $525/month in rent), but the idea remains worthwhile…
Dear Lifehacker, living on $12000 a year has another name - “graduate student life”. I have been with the program for over 5 years. All the wisdom of the MSN moneycentral article can be boiled down to this:
Don’t spend what you don’t have in your savings account.