COST OF
LIFE

What is this? CostOf.Life is an experiment in personal finance management loosely based on the boots theory .

The idea is simple, whenever you have an expense that is constant or recurring or when you make a purchase for something that has a substantial lifespan, you can split the cost of it over its lifetime and calculate a per diem .

The sum of all per diem gives your CostOf.Life baseline. That gives you an idea about how much you need to earn to make your life costs sustainable and can help you decide whenever an expense is worth making.