Thursday, August 30, 2007

Family of 9 Lives Debt Free on $35K per Year

I just read the article on site (20/20) about America's Cheapest Family. They live on $35,000 per year and there are 2 adults and 7 kids. The most amazing thing is that that they live DEBT FREE. There was a video on this morning as well. As most personal finance blogs seem to re-iterate, it's the small things that add up. This family goes to the store once a month and they literally save hundreds of dollars each trip using coupons. Over the course of a year, that's thousands of dollars. Thousands of dollars adds up to a huge percentage when the total salary is only $35K! They even wrote a book called America's Cheapest Family Gets You Right on the Money: Your Guide to Living Better, Spending Less, and Cashing in on Your Dreams

1 comment:

SteamyKitchen said...

wow. that is amazing. i really need to rethink my spending priorities! i do use coupons, but then negate the savings by buying NICE! SHINY! THINGS! on impulse at the market