Earlier quoted context omitted.
Thanks for the insight Omar. I moved to Hungary, so not really a third world country. I've only been living here for ~3 months so my estimate might be of by a bit. 1) I don't really need a car since public transport here is ok. However I do own one. I cut my car costs to a minimum by changing from a sports car to a 10 year old Ford Focus. 2) I have an accountant that costs about 300 euros per month right now, is one…
Thanks for the feedback. Hungary might not be a top developed country, but there is a huge divide between a developed and a chaotic country. 1- Public transport is really huge. A car is a very expensive thing (especially a new one). 2- Car prices are two times higher than in developed countries. This is due to importing restrictions. Old cars are crazy expensive. My car appreciate just one week after I bought it by 8…
I see how all of those things would drastically alter your needed income, especially the cost of a car and inflation.
I'm certainly not well informed on the cost of rent here, but I guess that 300-400€ per month should get you a more than decent place to live and work.
I checked the blog on your profile and seems like you're working on some cool things and doing well for yourself, congrats on overcoming the odds like that.