Realworld

Realworld t1_j5j10dw wrote

I used Discretionary income:

Discretionary income = gross income – taxes – all compelled payments (bills)

It's total personal income after subtracting taxes and minimal survival expenses (such as food, medicine, rent or mortgage, utilities, insurance, transportation, property maintenance, child support, etc.) to maintain a certain standard of living. It is the amount of an individual's income available for spending after the essentials have been taken care of.

If you only have $160 left over after paying all your monthly bills & living expenses then you're working for $1/hour discretionary income.

This motivated me to ruthlessly beat down my recurring expenses.

9

Realworld t1_j27uf6z wrote

Built my light work tables of 2x2s and 1/4 inch plywood, assembled with predrilled 1-1/4" drywall screws. No impact or prying work done on these.

My heavy work benches are assembled from commercial steel shelving with 2x8s tops fastened with 5/16" carriage bolts, washer & nut. Vises and grinders mounted on these.

1