Speaking of Money

Avatar for rollmops2009
iVillage Member
Registered: 02-24-2009
Speaking of Money
928
Sat, 03-02-2013 - 3:33pm

Here is a SAHM who takes careful budgeting to new heights. It must, of course, be noted that since her DH is military, the family is probably covered in terms of health insurance. 

http://finance.yahoo.com/news/how-a-family-of-four-manages-to-live-well-on-just--14-000-per-year-174803218.html

"Wagasky, 28, lives with her her husband, Jason, 31, and their two young children in a three-bedroom family home in Las Vegas, Nevada. While Jason, a member of the U.S. Army, completes his undergraduate studies, the family's only source of income is the $14,000 annual cost of living allowance he receives under the G.I. Bill. Despite all odds, the family has barely any credit card debt, no car payment, and no mortgage to speak of."

[...]

"By the time Wagasky's husband came home from Iraq, they had managed to scrape together the $30,000 they needed for a downpayment on a home. 


"But we decided the best option would be not to have a mortgage payment at all," she said. "We found a fixer-upper that didn't have a kitchen ... and we paid cash." "

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iVillage Member
Registered: 05-31-2011
Mon, 03-04-2013 - 6:10pm

reginageorge2005 wrote:
Believe it--my last tenant didn't have hot water for four months. When I called the gas co to get the utilities in my name, they informed me that they had been turned off for non payment 4 months earlier. Fortunately the court kicked her out when they did, I have no idea how the pipes wouldn't have frozen w/o heat in the building and it was getting cold. No hot water. For four months. Try to process that. B/c I'm still struggling w/it six months later.

Typically, assistance programs begin to pay once cold weather hits, but stop funding in the spring, leaving poor people in the position to simply go without. The poor in the US are treated appallingly.

BTW, I believe as a landlord you can call the utility companies and ask that you be notified whenever service is about to be terminated so that you can avoid a situation like frozen pipes.

iVillage Member
Registered: 02-20-2013
Mon, 03-04-2013 - 6:15pm

just_another_marla wrote:
<p><blockquote class="quote-msg quote-nest-1 odd"><div class="quote-author"><em class="placeholder">reginageorge2005</em> wrote:</div>Believe it--my last tenant didn't have hot water for four months. When I called the gas co to get the utilities in my name, they informed me that they had been turned off for non payment 4 months earlier. Fortunately the court kicked her out when they did, I have no idea how the pipes wouldn't have frozen w/o heat in the building and it was getting cold. No hot water. For four months. Try to process that. B/c I'm still struggling w/it six months later.</blockquote></p><p>Typically, assistance programs begin to pay once cold weather hits, but stop funding in the spring, leaving poor people in the position to simply go without. The poor in the US are treated appallingly.</p><p>BTW, I believe as a landlord you can call the utility companies and ask that you be notified whenever service is about to be terminated so that you can avoid a situation like frozen pipes.</p>

Yes, had that conversation with the gas company already. Although frankly, it may have been better for my wallet if the pipes had frozen, b/c then some of the damage caused by the tenant would have been covered by insurance in the pipe busting claim...win some, lose some. Lost this one. Big time.

On Wednesdays we wear pink.

Avatar for jamblessedthree
iVillage Member
Registered: 10-23-2001
Mon, 03-04-2013 - 6:37pm

lifespeachy wrote:
<p>"Many low income/disadvantaged homes do use resources available to them however."</p><p>I don't understand this statement.  Jams, can you clarify it for me?</p>

Nevermind. 

 


 


iVillage Member
Registered: 11-14-2011
Mon, 03-04-2013 - 6:41pm

"Nevermind."

Seriously?  Come on. 

iVillage Member
Registered: 10-01-2010
Mon, 03-04-2013 - 6:49pm
No pissing match Peachy. I guess you don't have an answer for me how you understand more than I do :)
iVillage Member
Registered: 11-14-2011
Mon, 03-04-2013 - 6:53pm

Aaaaah, I can't prove my debate point, so I'm going to bait you instead. It's a tired old tactic.

iVillage Member
Registered: 11-14-2011
Mon, 03-04-2013 - 6:55pm

Oh, and I never made the claim that I know more than you, so I'm not sure how you even got started on that subject.  Nor do I understand why the idea bothers you so much.

iVillage Member
Registered: 10-01-2010
Mon, 03-04-2013 - 7:03pm
So you can't prove that you understand what poor people go through more than me, correct. Thanks. No need to continue this part of the thread then :)
iVillage Member
Registered: 11-14-2011
Mon, 03-04-2013 - 7:17pm

Why do I need to prove that I know more than you?  I thought that you had said you agree that it's not a pissing match.

Besides, I am pretty sure that I have already proven it.  <<smirk>>

iVillage Member
Registered: 02-04-2009
Mon, 03-04-2013 - 7:31pm

jamblessedthree wrote:
<p><blockquote class="quote-msg quote-nest-1 odd"><div class="quote-author"><em class="placeholder">rosenylund</em> wrote:</div>No Savcal, I can NOT use an antenna in my area. Once it switched all over to digital you get NOTHING with an antenna. This was a big complaint a few years ago from people who did not want to pay for cable.</blockquote></p><p>Yep, I don't think rabbit ears suffice anymore, Converter box perhaps?  My sister doesn't have cable (or satellite) but has something to get the local channels.</p>

It's called an HD antenna.  You have to get a new antenna that will pick up signals over new digital spectrum.  And if you don't have digital ready TVs, you have to get a converter box.

************

Kitty

"If you can't annoy somebody with what you write, I think there's little point in writing."-- Kingsley Amis, British novelist, 1971 t .

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