The Economides family of Scottsdale, Ariz., understands what it takes to make it during a recession. Some people struggle with impulse, however the Economides – “America’s Least expensive Family” – uses sound techniques like budgeting, living frugally and preparing for the future. Americans should take notes when the Economides take the time to rap about home economics, writes MSNBC.com.
Avoiding consumer credit is exactly what ‘America’s Cheapest Family’ does
Credit cards, automobile loan and squeezing as much equity as possible out of a home aren’t on the agenda for America’s Least expensive Household. Despite having a costly home in the golf resort community of Scottsdale, the Economides are able to live on $44,000 per year. The family wears designer clothing and eats healthily although you will find seven of them. The Economides explain that without impulse buying and with lots of bargain hunting, it is easy to live this way, although numerous may think otherwise. Anyone who wants to live fugally but doesn’t want to live life cheap nevertheless is encouraged to get their current book called, “Cut Your Grocery Bill in Half – With The United State’s Least expensive Family,” which helps many individuals.
Have strategies
Planning family spending is hard to do a while. One of the biggest parts of this is planning household spending. The Economides always plan for meals. This is done way beforehand. Preparing ahead tends to conserve individuals a lot of money on food. Without it, everybody just decides last minute what to get and ends up spending much more money. And the proof is in the numbers for America’s Cheapest Family. Where other families of similar size might spend as much as $2,000 per week on groceries, the Economides spend $350. It could be done. Part of this is avoiding eating more than necessary.
Dress nice
The Economides really wear some brand names rather than the hand me down clothing you may expect to view them in. However, as they lately told Matt Lauer on “Today,” they keep away from the hook of pricey new trends. Designer jeans may go for $200 in a mall boutique, but if a quality pair of jeans – even one with a designer name – can be had for $10 in a thrift store, it makes sense to purchase for less. The biggest thing to keep in mind is to save. They usually save money. That’s the philosophy that put the “economy” in Economides.
Data from
MSNBC
today.msnbc.msn.com/id/39416868/ns/today-today_people/
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