Follow us on...
Follow us on Twitter Follow us on Facebook Watch us on YouTube
Register
Results 1 to 5 of 5
  1. #1
    Atomic Punk
    Join Date
    01.29.02
    Age
    49
    Location
    somewhere over the rainbow
    Posts
    22,946
    Last Online

    12.11.17 @ 04:37 PM
    Likes
    842
    Liked 1,229 Times in 448 Posts

    Default America's Cheapest Family Lives Debt Free


    The Economides family are aptly named -- the family of seven lives a comfortable lifestyle on $35,000 a year, without credit. They've written a New York Times best-selling book called "America's Cheapest Family Gets You Right on the Money." (The Economides)

    Credit card debt in the U.S. is soaring -- almost tripling since 1989, according to the Federal Reserve Board. Today, American consumer debt is over a trillion dollars.

    More than half of all cardholders don't pay their bill off each month and carry an average balance of around $2,000. But despite the fact that many Americans seem mired in debt, there is one family who has managed to live debt-free and credit card free.

    The aptly named Economides family pays for a nice house, two cars, furniture, clothes, and food for a family of seven and everything else they need on an average income of less than $35,000. They are America's Cheapest Family.

    In their book "America's Cheapest Family Gets You Right on the Money," a New York Times bestseller, they explain their system for staying debt free. It takes meticulous planning and a willingness to truly accept the one rule of debt free living: if you don't have the money, don't buy it. They stick to a budget, buy clothes at thrift and consignment stores and shop for used furniture and other household items on the Internet.

    But it is in the supermarket where America's Cheapest Family has really made a name for themselves. Annette Economides calls herself "the Warren Buffet of Groceries." Annette preplans 30 days worth of meals before they launch their monthly trip to the grocery store. Annette says that over time those few pennies saved can add up. "Hundreds of dollars on a monthly basis add up to thousands of dollars in a year."

    The Economides have been called all sorts of names: cheapskates, the first family of frugal, and tightwads. But they wear those names with a badge of honor. Following their plan is certainly not easy, but the Economides say they are happy living a debt free life.

    "What do you need to be happy? I think more people need to sit back and think about that. Do you need every gizmo and gadget and name brand? I don't think so."
    Last edited by voivod; 08.30.07 at 07:49 AM.
    "Watch what people are cynical about, and one can often discover what they lack. -- Gen. George S. Patton

  2. #2
    Romeo Delight omarbratley's Avatar
    Join Date
    06.22.02
    Age
    50
    Location
    Lodi
    Posts
    54
    Favorite VH Album

    Fair Warning
    Favorite VH Song

    In a Simple Rhyme
    Last Online

    02.25.12 @ 06:53 AM
    Likes
    0
    Liked 0 Times in 0 Posts

    Default

    Looks like condoms were never on sale.
    "your incompetence is not my emergency"

  3. #3
    Eruption Wolfgang_'99's Avatar
    Join Date
    10.29.06
    Age
    24
    Location
    Edmonton
    Posts
    1,019
    Favorite VH Album

    II, 1984, OU812, Fuck, Balance
    Favorite VH Song

    Umm...
    Last Online

    06.18.10 @ 10:55 PM
    Likes
    0
    Liked 7 Times in 7 Posts

    Default

    Quote Originally Posted by omarbratley View Post
    Looks like condoms were never on sale.
    lol.
    VAN HALEN FOR LIFE

    Bands I've seen:

    VAN HALEN X2
    Rose Hill Drv.
    Aerosmith X2
    Cheap Trick
    Motley Cru
    The Who
    BB King
    Velvet Revolver
    Three Days Grace
    Robert Plant
    The trews
    Heaven and Hell
    Megadeth
    Roger Waters/ Best concert EVER
    Ozzy
    Rob Zombie
    In This Moment

    Proud Threetard

    5150

  4. #4
    Atomic Punk ZeoBandit's Avatar
    Join Date
    01.29.02
    Age
    41
    Location
    Chicago
    Posts
    17,830
    Favorite VH Album

    F.U.C.K.
    Favorite VH Song

    Humans Being
    Last Online

    12.14.17 @ 05:57 AM
    Likes
    54
    Liked 40 Times in 29 Posts


    Donor

    Default

    LMAO
    "What we are dealing with here, is a complete lack of respect for the law" - Jackie Gleason, Smokey and the Bandit

    www.geocaching.com - The site where you are the search engine.

  5. #5
    Good Enough wham bam will rock's Avatar
    Join Date
    01.30.02
    Location
    Hell and beyond
    Posts
    2,261
    Favorite VH Album

    Bark Like A Dog
    Favorite VH Song

    Act Like It Hurts
    Last Online

    06.26.17 @ 04:51 PM
    Likes
    1,264
    Liked 643 Times in 328 Posts

    Quote Originally Posted by omarbratley View Post
    Looks like condoms were never on sale.

    LOL!

    Yep! Condoms are the Devil's tool.
    "Never is just reven spelled backwards." -House

    "Did I listen to pop music because I was miserable or was I miserable because I listened to pop music?" -THE Rob Gordon

 

 

Similar Threads

  1. Replies: 10
    Last Post: 11.20.14, 03:34 PM
  2. Question regarding credit/old debt...
    By chefcraig in forum VH Fans Meeting Place (Non-Music)
    Replies: 11
    Last Post: 09.02.06, 06:25 AM
  3. Woman leaves $1.1M estate to pay down national debt
    By Phatie in forum VH Fans Meeting Place (Non-Music)
    Replies: 13
    Last Post: 01.22.06, 10:38 AM
  4. The Debt To the Penny
    By voivod in forum VH Fans Meeting Place (Non-Music)
    Replies: 1
    Last Post: 05.26.05, 07:06 PM
  5. Where's the cheapest place to buy a Floyd Trem?
    By austxdan in forum Guitar Room
    Replies: 2
    Last Post: 01.05.03, 11:38 AM

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •