QUOTE(mirocu @ Jan 12 2016, 04:14 AM)

Oh, such fun it is

As I somehow happened to become a bit serious just now, I realized how fortunate I am, circumstances being what they are. Two and a half year of unemployment and with no job in sight, I still sleep well at night. Oh, a bit of a rhyme there. Classy

Having no debts is key to this. I´ve never borrowed money and although I have been using the money I have a bit too much lately on unnecessary things (like hiring a guy to fix up my car cosmetically and getting a new gun just to plink with) I´m still with my head above the water line. I´m not trying to brag here like I have tons of cash just laying around, but the concept of no loans and staying at home playing Oblivion instead of going to the pub cannot be exaggerated!
I'm with you on this one! I too live on very little and have done so for a goodly number of years. Admittedly, I've long had a meager military pension to rely on, recently augmented by yet more meager Social Security payments. Even pre Social Security I was able to live within my means provided I watched every penny. It helps that I own my home outright with no mortgage payments to worry about. No car payments either, not at the moment, hopefully never. No debts. Heck, I don't even have, and don't want, a credit card. No costly 'bad' habits such as smoking, drugs or booze. When it comes to it, my normal mandatory monthly expenses boil down to utilities, insurance payments, food (budgeted at $200), enough fuel to get me to and from town (20 miles round trip) once or twice a week, taxes due, and occasional things like car tag and drivers license renewal.
The potential bear in the closet is my decrepit health. I've been lucky thus far in that health insurance has covered the vast bulk of the cost for treating my various ailments. Sooner or later I'm apt to be diagnosed with something no adequately covered, and have to shell out big bucks in medical expenses. In fact I was diagnosed with one such condition late last year. Treatment ain't gonna be cheap, not by my standards, but it's not super expensive either. Maybe 5k US tops, which hurts but won't break me.
Provided I live within my means and squirrel away whatever I can whenever I can, I can afford occasional luxury spending, like assembling a new computer every four or so years, occasional CD/DVD/book/game purchases, and so on.