Part 7/9:
Living without mortgage payments has drastically transformed their financial landscape. The couple’s monthly living expenses total around $500, which includes property taxes, utilities, and renovations. With further savings from living in a modestly priced home, they estimate their overall monthly expenditure is about $1,500 to $1,700. This budget allows for a comfortable lifestyle, including quality food and occasional dining experiences, all while providing the luxury of work-life balance.