Speaking of Money

Avatar for rollmops2009
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Registered: 02-24-2009
Speaking of Money
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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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Registered: 09-01-2002
Mon, 03-04-2013 - 8:59am

rosenylund wrote:
Bord-Daddy's "job" is in the national guard making $14,000/year. Isn't that a one weekend a month job? How many hours is full-time school? There is no other time for him to even get a part time job to make more money?

Yes.  Reservists are also known as Weekend Warriors.  They train only one weekend a month.  There was a short time when reservists trained more often, after 9/11.  There was no draft, reservists and National Guardsmen/women worked more often.  That's basically died down with the end of the war in Iraq and soon Afghanistan.

iVillage Member
Registered: 02-04-2009
Mon, 03-04-2013 - 9:12am

thardy2001 wrote:
<p><blockquote class="quote-msg quote-nest-1 odd"><div class="quote-author"><em class="placeholder">rosenylund</em> wrote:</div>Bord-Daddy's "job" is in the national guard making $14,000/year. Isn't that a one weekend a month job? How many hours is full-time school? There is no other time for him to even get a part time job to make more money?</blockquote></p><p>Yes.  Reservists are also known as Weekend Warriors.  They train only one weekend a month.  There was a short time when reservists trained more often, after 9/11.  There was no draft, reservists and National Guardsmen/women worked more often.  That's basically died down with the end of the war in Iraq and soon Afghanistan.</p>

Except weekend reserve pay doesn't even remotely approach $14K/yr. But do continue to pretend that his income comes from a completely different source than that quoted in the article.

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

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 .

Avatar for BeaArthurisMyReligion
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Registered: 02-20-2013
Mon, 03-04-2013 - 9:12am

There are also Guard positions that are full time or part time.. my state has an active guard base here in the city I work in, and I am good friends with a Colonel there, there are absolutely full time staff employed there who are all members of the National Guard.  

I also object to any one who referrs to a member of our armed services as having a "Job" .. really?   Ironic quotations marks to describe the career of someone enlisted in our armed forces?   I don't think so.

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Registered: 09-01-2002
Mon, 03-04-2013 - 9:17am

puss_boo_kay wrote:
<p><blockquote class="quote-msg quote-nest-1 odd"><div class="quote-author"><em class="placeholder">thardy2001</em> wrote:</div>&lt;p&gt;&lt;blockquote class="quote-msg quote-nest-1 odd"&gt;&lt;div class="quote-author"&gt;&lt;em class="placeholder"&gt;rosenylund&lt;/em&gt; wrote:&lt;/div&gt;Bord-Daddy's "job" is in the national guard making $14,000/year. Isn't that a one weekend a month job? How many hours is full-time school? There is no other time for him to even get a part time job to make more money?&lt;/blockquote&gt;&lt;/p&gt;&lt;p&gt;Yes.  Reservists are also known as Weekend Warriors.  They train only one weekend a month.  There was a short time when reservists trained more often, after 9/11.  There was no draft, reservists and National Guardsmen/women worked more often.  That's basically died down with the end of the war in Iraq and soon Afghanistan.&lt;/p&gt;</blockquote></p><p>Except weekend reserve pay doesn't even remotely approach $14K/yr. But do continue to pretend that his income comes from a completely different source than that quoted in the article.</p>

So you think there's more to the story than just what's in the article/blogs?  Me too.  I didn't discuss the $.  I clarified for you that you are wrong about the definition of reservists.  They are Weekend Warriors again.

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Registered: 02-04-2009
Mon, 03-04-2013 - 9:23am

thardy2001 wrote:
So you think there's more to the story than just what's in the article/blogs?  Me too.  I didn't discuss the $.  I clarified for you that you are wrong about the definition of reservists.  They are Weekend Warriors again.</p>

And, as with most everything you've ever said about reservists, you are wrong.  Not all reservists only work one weekend a month.  The overwhelmingly vast number of reservists are part of the IRR and don't drill at all.  MOst of those who are AR (active reserve) work weekends, but all military components have full time reservists.  They have to; it's the only way for a reserve unit to function.

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

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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Registered: 03-01-2013
Mon, 03-04-2013 - 9:29am
Thardy-I have to agree that while we can pick apart this over and over, there are still too many things that seem to be missing from the story. I think it is a good start for people trying to cut down/out things in their life to live a more frugal life but for people who have done most of these things, it is hard to imagine living on that amount (or an amount if you compare their area to your own).
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Registered: 09-01-2002
Mon, 03-04-2013 - 9:39am

rosenylund wrote:
Thardy-I have to agree that while we can pick apart this over and over, there are still too many things that seem to be missing from the story. I think it is a good start for people trying to cut down/out things in their life to live a more frugal life but for people who have done most of these things, it is hard to imagine living on that amount (or an amount if you compare their area to your own).

I agree.  And I'd love to hear how the children are living this lifestyle.  But the blogger gets to pick and choose.

Avatar for BeaArthurisMyReligion
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Registered: 02-20-2013
Mon, 03-04-2013 - 9:40am

Since you seem incapable of understanding that millions and millions of people lead lives different from your own I am not surprised you are struggling with this story.    From all acounts these people lead an interesting full and productive life, they feed and clothe their children, contribute to society and our country and are furthering their education..all without debt or conspicuous consumption.  Yes, it must be quite difficult to grasp this concept...

iVillage Member
Registered: 09-01-2002
Mon, 03-04-2013 - 9:44am

To whom are you posting?

iVillage Member
Registered: 03-01-2013
Mon, 03-04-2013 - 9:54am
I think the children are still young too Thardy. They don't realize what will happen once they get older and the expenses get higher. It also seems she homeschools so they are not aware of a school setting and she can probably get away with not doing and buying things as they don't see what other kids are doing. IMO her menu's are not super healthy and maybe because I am older and have been doing this for 20 years, I found nothing unusual or shocking on how to save money. Some families can save on things that others just can not. One example is the antennae they say they use. We can not do that at all anymore.

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