The document summarizes a desired cheap lifestyle for a registered nurse in Fremont, CA. It outlines monthly expenses including $950 rent, $413 for transportation, $370 for insurance, $150 for student loans, and $100 for other expenses. It calculates that with a $50,000 salary, even a very cheap lifestyle is not enough as expenses total $48,442.28 annually and salary is only $50,000. The document concludes that for this individual, a $50,000 salary is not enough even for a very cheap lifestyle.