How a Family of Four Manages to Live Well on Just $14,000 Per Year
Terry and Jo said
03:04 AM Feb 27, 2013
I ran across this story today on Yahoo! News. It is actually a story from Business Insider that tells of a family of four that are living off of $14,000 per year. He is a military veteran going to school and the four of them are living off of his GI benefits for schooling. They became aware of a book (mentioned within the story) and after reading it, they began to live that way, plus Danielle Wagasky (the wife) also keeps a blog. She states in the story that many of her ideas come from folks commenting on that blog.
Since we all want to live as frugally as possible so as to extend the time we could live the RV'ing lifestyle, I thought I would share it with all of you. Obviously, not everything that they can do are options for us. For instance, they four of them live off of $400 worth of groceries, obviously showing the need for a freezer or two. (She freezes 8 gallons of milk a month.) However, either some of what she writes in her blog or what is written of in the book the speaks of may be of interest to some of us. She even makes her own laundry detergent.
Because I like to "squirrel" money away (got that from Grandpa), that just isn't very much money for groceries especially to provide healthy foods for the kids. Nutrition is number 1 for us and always has been. I think the most to be gained by their "experience" is that a budget is necessary because you must know where the money goes in order to have control. It used to be that if a big expense came up, because I knew where the money went, I was able to see where cuts had to be made. It worked out well.
Grams said
05:49 AM Mar 2, 2013
I enjoyed this reply to the article you referenced:
"My husband and I, retired, live frugally and have NO debt at all. My daughter-in-law complained that we don't give large (read expensive) enough gifts to which I replied, "We can, but then we'd have to live with you." The gift bit wasn't mentioned again."
I ran across this story today on Yahoo! News. It is actually a story from Business Insider that tells of a family of four that are living off of $14,000 per year. He is a military veteran going to school and the four of them are living off of his GI benefits for schooling. They became aware of a book (mentioned within the story) and after reading it, they began to live that way, plus Danielle Wagasky (the wife) also keeps a blog. She states in the story that many of her ideas come from folks commenting on that blog.
Since we all want to live as frugally as possible so as to extend the time we could live the RV'ing lifestyle, I thought I would share it with all of you. Obviously, not everything that they can do are options for us. For instance, they four of them live off of $400 worth of groceries, obviously showing the need for a freezer or two. (She freezes 8 gallons of milk a month.) However, either some of what she writes in her blog or what is written of in the book the speaks of may be of interest to some of us. She even makes her own laundry detergent.
How a Family of Four Manages to Live Well on Just $14,000 Per Year
Terry
"My husband and I, retired, live frugally and have NO debt at all. My daughter-in-law complained that we don't give large (read expensive) enough gifts to which I replied, "We can, but then we'd have to live with you." The gift bit wasn't mentioned again."