America’s Cheapest Family
I think most American families need help in the finances department, and this book could be a good first start. No offense to my International readers. I am sure International families can look at their budget as well. This book attacks the normal American pastime of “excess” and offers tips that relate to living within the US. I am sure that international families can apply many of the concepts regardless of their context. It is an easy read and not necessarily meant to be read straight through but rather viewed topically depending on what you need most. It will help you think through your financial plan and give you solid tips and really great ideas on how to save money around your home. It is an inspiring read that preaches simplicity and motivates you to make your pennies stretch and learn how to live with less. I found it interesting that many of the ideas, we already implement and many others we have never even thought of.
The books authors (the Economides) actually paid their entire house off in 9 years making only about 35K a year. They started by just paying $2 extra on principle every month and pinching pennies all along the way. Annette (the wife) stayed home the entire time raising their kids, learning how to be an efficient homemaker and making “simplicity” be her overarching goal for their family.
This book is proof that it can be done if you are willing to sacrifice a bit, live within your means, and most of all have discipline with your budget. I was inspired!
