Ask the Economides household what it takes to make it through the economic recession without sacrificing quality. The Scottsdale, Ariz., household knows what they’re doing. While most people struggle to make ends meet and scratch for emergency money, “America’s Cheapest Family” (the Economides’ trademarked title) lives well by the simple principles of making a budget and frugal living. MSNBC.com reports the Economides are the really model of a modern American household, except that they have a handle on their finances.
Staying away from credit when it’s possible is exactly what ‘America’s Cheapest Family’ is known for.
America’s Cheapest Household is not interested in credit cards, automotive loans or even getting a ton of equity out of a home. The family has a very expensive home off of Scottsdale which is renowned for being a golf resort community. Probably the most interesting part is that they only live life off of $44,000 a year. The family wears designer clothing and eats healthily although there are seven of them. The Economides explain that without impulse buying and with lots of bargain hunting, it is easy to live life this way, although numerous may think otherwise. Their current book, “Cut Your Grocery Bill in Half – With America’s Cheapest Family,” is promoted as a game-changer for people who want to embrace frugal living without sacrificing quality.
Prepare yourself
Preparing meals is essential to preparing the family spending. The Economides usually plan for meals. This is done way beforehand. Most individuals spend more on cash because they make food decisions really quickly instead of preparing ahead which saves money. It is possible to do and works. America’s Least expensive Family shows us this. Up to $2,000 a week is spent on groceries for numerous families. On the other hand, the Economides only spend $350 a week. It does not take too much effort to do. Part of this is avoiding eating more than necessary.
Still in a position to dress nicely
Many expect that the Economides wear nasty clothing that’s been through a million people. In truth, they dress fairly fashionably. The pricey new trends are things they keep away from nevertheless, Matt Lauer said on “Today.”. They would never go get designer jeans in a mall for $200. Instead, they check out thrift stores and discover jeans on sale for much less, like $10. The biggest thing to keep in mind is to conserve. They always save money. That’s the philosophy that put the “economy” in Economides.
Citations
MSNBC
today.msnbc.msn.com/id/39416868/ns/today-today_people/
