Tuesday, October 13, 2015

Retiring in Mexico: NO JOB, NO PAYCHECK! LIVE OFF OUR SAVINGS?!!

LEARNING TO BE FRUGAL 

No More Doggie Spa Days? No Problemo!
 More Money Than Time  
      I have to admit that I was pretty spoiled while I was working, earning a relatively good salary as a pharmacist. My philosophy was that while I was working full-time, I had more money than time, so I justified paying others to do the work that I didn't want to do. In my free time I wanted to do the things I enjoyed and I had the money to allow it. I had a cleaning service come every two weeks to clean our home. I had a window washer come every quarter to "do my windows". I pampered myself with a pedicure and a massage every month or two. I took my pharmacist smocks and slacks to be dry-cleaned. I took Bella, our miniature, long-hair dachshund, to the pet groomers to have her nails clipped and her hair bathed. You get the idea...I was spoiled and for many years I liked it that way. I refer to my own pampered life because I don’t like to point fingers at others. But, I believe that in the United States a large percentage of people of all classes pamper themselves, indulging in their own versions of daily indulgences. Ours is a country where if we want something, we buy it and worry about meeting our budget later.
      About a year ago, I started to realize that the paycheck, and my pampered lifestyle, wasn't enough to compensate me for the misery of my job as a pharmacist. (See blog post: #1 REASON FOR EARLY RETIREMENT: I'M BURNED OUT ON MY JOB AS A PHARMACIST ) I desperately wanted to get out of the rat race..... 
Read more at Retirement Before the Age of 59: NO JOB, NO PAYCHECK! LIVE OFF OUR SAVINGS?!!

Live In Mexico

     Our first decision was to save money by living full-time in our Class A Southwind motorhome. We eliminated property taxes, utility bills, home maintenance and landscape maintenance expenses. Some folks think living this way would be too confining. But, with ....
Read more by clicking: No Job, No Paycheck, Live Off Our Savings?!!
Living in Our 32 Ft. Motorhome at Mar Rosa RV Park Mazatlán
    Our next conclusion was that we need to live in Mexico for nine to ten months each year to make that budget work. By most estimates I've read, and from our past experience, it costs about 50 percent less to live in Mexico than in the United States, depending on your lifestyle. Dru Pearson, in his book "Retire in Mexico - Live Better for Less Money", claims you can "Live the American Dream in Mexico for half the price." To view a free sample of his... Read More by clicking: No Job, No Paycheck, Live Off Our Savings!!!?