It takes discipline to navigate the financial waters of the economic recession, and the Economides of Scottsdale, Ariz., appear to have what it takes. While most people struggle to pay bills and scratch for emergency money, “America’s Least expensive Family” (the Economides’ trademarked title) lives well by the simple principles of making a spending budget and frugal living. MSNBC.com reports that the Economides are the very model of a modern American household, except that they have a handle on their finances.
Consumer credit averted by ‘America’s Cheapest Family’
Credit cards, auto car loans and squeezing as much equity as possible out of a home aren’t on the agenda for America’s Cheapest Family. Despite having an expensive home in the golf resort community of Scottsdale, the Economides are able to live life 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 purchasing and with a lot of bargain hunting, it is easy to live this way, although many may think otherwise. You will find lots of people interested in their book called, “Cut Your Grocery Bill in Half – With The United State’s Least expensive Household.” It is something that helps individuals to figure out how to live life a quality life nevertheless without paying for it all.
You’ll need for making an agenda
Planning spending is vital for any family, and that includes planning meals. The Economides always plan for meals. This is done way beforehand. Preparing ahead tends to save individuals lots 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 The United State’s Cheapest Household. The Economides spend only $350 a week on groceries, while many other families spend $2,000 a week. It is possible. Reasonable portion sizes play a significant part.
It isn’t hard to get nice clothes
Numerous expect that the Economides wear nasty clothes that’s been through a million people. In truth, they dress quite fashionably. Matt Lauer was asked about this on “Today.” He said that they do not wear the most cutting edge clothing still. 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 buy for less. They save all the money they can. The Economides use that philosophy in anything they do.
Citations
MSNBC
today.msnbc.msn.com/id/39416868/ns/today-today_people/
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