Can you survive on $35k a year? Try it with 5 kids.
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Can you survive on $35,000 a year? How about if you had 5 children between the ages of 10 and 21?
Apparently, one family in Arizona, known as America's Cheapest Family, is able to do so. By planning carefully, organizing a budget, shopping wisely, making sacrifices, and communicating, the family of seven is able to live well within its means without feeling particularly pressured to make ends meet.
The key is to be determined, persistent, and to prioritize frugal living, because after all, it is a lifestyle choice.
Via [The Digerati Life] -
y hv 5 kids?
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haha i also want 5 kids leh.. fun big family.. but dunoe if can have sufficient income haha.. see how lah.. lol..
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my uncle survived with 7 kids.... with a low supervisor pay....last time...
now.. living in luxury... each of the 7 graduates children pampering him -
ofcourse its possible lah
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why not
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Yeah. But it's like WOW
#35k a year only leh ... -
lets see.........
those age 18-21 can tell them to work for pocket money.......
which would probably leaves us with three kids ages 10-17.......
sch fee for elementary level for some countries are free........
monthly groceries around 6k a year should be sufficient........
power bills limit to 250 is possible.....mines below 200......
sch fees should be cheap.....transportation can always walk.....more healthier though too far no good.....later will get hungry and tends to spend to eat.....hmmm -
WHY NOT??!?!
I think its just sufficient for the whole family to tide it through just nicely. -
In US currency?? Why not??, with such income, u can also apply for credit cards, I believe the income will widen further once the childrens grew up and start to work. I also believe that in such structured mean spending and financial planing, the childrens will also gain from it. Good cultivation.
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in SG, yes
if u are of a certain race -
Originally posted by FireIce:in SG, yes
if u are of a certain race
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In Singapore, why not
35k/yr is about 3k/mth.
Some family don't even had 2.5k and yet they r surviving.
just need to control the budget. -
they can forget about letting their children go to uni?Originally posted by albinoworm:Can you survive on $35,000 a year? How about if you had 5 children between the ages of 10 and 21?
Apparently, one family in Arizona, known as America's Cheapest Family, is able to do so. By planning carefully, organizing a budget, shopping wisely, making sacrifices, and communicating, the family of seven is able to live well within its means without feeling particularly pressured to make ends meet.
The key is to be determined, persistent, and to prioritize frugal living, because after all, it is a lifestyle choice.
Via [The Digerati Life] -
That sounds reasonable. How come 35k + 5kids is such a big deal? They are others with more kids and lower income yet still surviving.
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My family used to survive at less than that... though only family of 5 lah... -
Originally posted by FireIce:in SG, yes
if u are of a certain race -
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nearly 3k per month.. why not?Originally posted by viewquek:In Singapore, why not
35k/yr is about 3k/mth.
Some family don't even had 2.5k and yet they r surviving.
just need to control the budget. -
which race?Originally posted by FireIce:in SG, yes
if u are of a certain race -
Formula one race.Originally posted by Demonight:which race? -
can wad.
my total family (my bro, me, my parents) income of abt 1800, can live in 5 room, use broadband, eat gd stuff, elect bill below 200 still can survive quite well....
it is how u spend and control. -
duh.
my family consist of 7 people. -
35k a year is like 3k a month, that's more than enought o feed a whole family of 8. anyway, if they couldn't afford raising the kids, why bother having so many?
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Did u include your 2 maids?Originally posted by Daisuke-kun:duh.
my family consist of 7 people.