Me & my husband met in our teens, both shared the same dreams --SAVE SAVE SAVE like mad- we wanted an old farmhouse, land, privacy - kids & me to stay at home. But his job sucked, we married anyway .
I worked full time till we had our 1st son. The most my husband ever made at this job was $8.25/hr -he stayed there being a faithful employee for 18 long yrs because the health benefits were killer excellent.
, this paid for my pregnancies & infertility testing. He went to Computer school -but never got anythng from it. We had 3 kids on his 1 income , we never had trouble paying bills or buying what we needed. (Our rent was cheap, landlord his aunt) Luxeries were pretty much forbidden unless it was major important to us . We always had too much $$ saved to get food stamps -but were low income "enough". I did have small side jobs here & there to bring in an extra $2,000 a year generally.
I just want to say... Me & My husband are both very very THRIFTY
, we were able to put down $15,000 on our 1st house 4 yrs after we married -not our dream abode by any means but it was half of the price of the house, had an acre & we saw potential for Profit with some fixing, we installed a wood furnce, built a chimney, laid cement, new roof, worked on that for 2 yrs, turned around & sold it for $13,000 more than we paid for it.
Then bought our Country Farm house we wanted w/acrerage.
We was able to put down $40,000 this time. 2 yrs later he got his current job- MUCH better pay-but not rich, just decent blue collar wages - Starting out at $14/hr ....We went on to have 3 more kids. He is still at this same job (approx $50,000 a year), we cut our 15 year house loan in half , by the time I gave birth to our last child at 40, we were completely DEBT FREE.
We are admittably cheap- or the nicer term is "frugal". I used to own a book called the "Tightwad Gazette" Amazon.com: The Complete Tightwad Gazette (9780375752254): Amy Dacyczyn: Books
Yeah, much of those things were a way of life for us, especially when he had his 1st job. I used cloth diapers on my 1st 3 kids & I hung them on the clothes line too! (in the country, no neighbors). We have always had a nice stash for emergencies. Never had a fight about $$. We refuse to pay interest on anything.
How we live. Could look at this as advice
1. I don't buy my kids expensive cell phones or designer clothes
2. I have a tracfone (averages $7 a month if you buy cards on Ebay, only use mine for emegencies- my older phone has FREE incoming text so I keep it -no bells & whistles at all.
3. I Use Google Voice for free long distance calling.
4. My kids use their ipods for Free texting
5. I clip coupons & do Buy ONe Get ONE free deals
6. I only buy on sale
7. I use ebay for their games & many items
8. Buy my books used online
9. I search anything & everything for competitive pricing from contacts to tires online, call stores
10. I go to Flea markers
11. I buy clothes at Consignment shops
12. I do rebates,
13. We have a rule -only water when eating out
14. We try to do our own home projects
15. Paint & repair our own cars
16. we take the family to the $1 theater on the day is only 75 cents a movie, we skip the popcorn, (of coarse with friends I will let them pay $6 a movie- we just don't do that as a family-too costly).
17. I cook mostly from scratch as boxed & prepared items cost too much
18. We have X amount come directly out of his paycheck every week in savings- helps you save if not slipping through your hands
19. I use Big Crumb.com to earn $$ on some stores online-it adds up !
20. We only buy older cars -have never gotten a car loan in our lives
21. I use CHASE credit cards , always pay in full, they give you perks to earn 2- 5% on every dollar spent , I generally make $300 a year free - just by using my CC on everything from food to gas to bills. (they do not like customers like me) The Best Cash Back Credit Cards, September 2011
22. If I see a killer credit card offer, like a free DISNEY Visa giving away $200 in free disney dallors after your 1st purchase -I jump on that - I plan to use this to deduct $200 from our tickets when we go later this year.
23. I cut all my boy's hair with the buzzer , and my husbands.
I used to enjoy watching Suze Orman internationally acclaimed personal finance expert : The Suze Orman Show : Will & Trust Kit : FICO Kit : Insurance Kit : Women & Money
We are NOT rich by others standars of INCOME -but we feel we are doing pretty darn good.