We get alot of Anons on this site where they ask how they are going to divorce, they look for advice and alot of advice has been given. Mostly dealing with the emotional aspects of a divorce.
I divorced twice the same man. Good I finally said it. I was want to say so much that I married him twice. Someone said to me….the point is not that you married him twice, but that you divorced him twice.
That being said the topic of the post is the not emotional side of divorce but the financial side. Of which, I have seen little in the way of down and dirty admitting to what women are living on once they take the plunge and divorce.
Especially at the 50 and on age.
So I am going to fess up and let all see just what a frugal life I now have in numbers.
1. Housing: $850 (rent)
Please do not think that this will be cheaper if you keep the house. You will still pay taxes, maintenance, etc, and where you may have been able to do some of it yourself when you were younger, going forward, shoveling snow, cleaning the gutters, raking the leaves, etc will not be as easy and you will be paying someone else to do.
2. Electric, Water, Sewer: Average $75 and $35
That is the average for the last tenant. I got the average heating bill down to $65 because I use a space heater and turn down the heat at night to 65. I clean one load of wash a week and hang the clothes so I do not have to use the dryer as often.
3. No cable, no flat screen TV, no major music system. I use a small BOSE mini system that sits on my buffet
4. Stream netflix on my computer for $8 a month.
Cell phone (no land line) $45 with a prepaid deal
5. Food: I cook from scratch and cannot remember the last time I went out to eat. All work lunches packed, no StarBucks.
6. Gas, $150-200 a month
Maintenance on car: I have been lucky so far this past year but I would budget at least $50 a month, probably more
Car: $634 a year
Renters: $152 a year
Health: $85 a month (I, because it is not means tested get a subsidy from the government) that is why it is so cheap. But I do have a high deductible $1000 and OOP is $2000 with a %10 co pay for surgeries or hospital stays
Clothing and Misc: $100 mth
Dental and Eyecare: $30 mth
Fun: I volunteer at our Center for the Performing Arts so I get to see the productions for free.
I also volunteer at our Art Center so I get a reduction in price for art classes etc. sometimes some free studio space
Other than that no lunches with the girls and I have to take from something else to do retail therapy and the like
Personal care: $5 mth
I do not get my nails done. I get my hair cut every six months, I trim it myself and I color my own hair
Emergencies: Medical, Car $100 mth I had two crowns done and my breast exam came back showing something and I had to have more tests done $2000
Pet Care: I have three animals that I refuse to send them to the pound. The dog got an infection in her eye (alll better now) but the cost ran $1000 (the ex paid an additional $1000) so it ended up being $2000
I found a place that will give the dog her shots for less than a $100 a year so that is a great deal
So the GRAND TOTAL amounts to about $2000 net a month not counting the medical expense for the dog or for me…that came from the emergency fund that I set up for just this type of purpose. I have also set up a $50,000 emergency fund for my medical emergencies if I have one. I have no problems yet but I am turning 60 this year and my breasts and uterus always has some sort of something going on….
Well, there you have it. I live in a midwest city, not to bad for the cost of living.
Would you, could you live on this little?
I have $390,000 from the settlement but no social security from my ex and my own is minimal $850 a month if I take at 62. But that settlement has to last me till I die.
So what do you think…are you living this life or what is your story?
I would really like to know, so if you have any trick to getting these expenses down I would greatly appreciate your imput and I hope that those that are considering divorce…well, this is the mean reality of a “gray divorce.”
Talk to you soon!
From the divorced road,