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How little can one live on?
How little can one live on? What lifestyle or means of
livelihood can one devise that requires an absolute minimum in
cash income? How about the story of Henry. Henry has made his
occupation the care of elderly people. He takes care of the
elderly in return for room and board. He lives with them,
cooks, does housecleaning, runs errands, etc. and his
compensation is a place to stay, food to eat, and some
occasional tips. When he approaches someone for a job he
explains that his needs are few and minimal. His habit is to
sleep on the floor so he doesn't need any special room for
himself (he can lay down his bedroll and sleep anywhere). His
diet is mostly vegetarian and inexpensive --- consisting mostly
of rice, beans and vegetables. He doesn't drink or smoke,
doesn't have any wild friends and isn't the partying type. His
possessions are few, all fitting into his duffle bag. He
explains that he can provide very good references (indeed,
because of his honesty, trustworthiness, dependability, and
upright manner of living, people he has cared for have nothing
but good to say of him). His hobby is gardening and if people
are so inclined he is happy to raise some vegetables and tend
to some flowers. He lets them know that he doesn't like to
work for a salary or to work by the hour but if they are happy
with the things he does for them he is willing to accept an
occasional tip.
Now let us ask a question. What is Henry's cash outgo? He
doesn't have any rent or mortgage payments. He doesn't own a
car and so has no car payments. He has no utilities to pay.
He has no food costs. His dress is very simple, mostly
informal wear such as blue jeans, and he spends very little on
clothes. In fact, the most of the money he gets in tips goes
directly into the bank. He pays no property tax and no income
tax.
Henry likes it. There is job security --- he has no trouble
finding employment. There are millions of elderly people who
need care and would give a lot to have a person such as he.
Actually, Henry is just a figment of my imagination. But I
think he could be real.
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