Speaking of Money

Avatar for rollmops2009
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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: 05-13-2009
Wed, 03-06-2013 - 5:05pm

jamblessedthree wrote:
<p><blockquote class="quote-msg quote-nest-1 odd"><div class="quote-author"><em class="placeholder">sweetsummerdays</em> wrote:</div>PKA-I think this year was because of Hurricane Sandy. Many games had to be made up, changed days, times, places. (h.s. and "little league" football as we had the same thing with my son's games).</blockquote> </p><p>Midwesterns don't understand the effects of hurricanes, Seriously...  How long were your kids out of school again? </p>

I guess that would mean Northeasterners don't understand the effects of tornadoes?

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Registered: 12-07-2003
Wed, 03-06-2013 - 5:05pm

sweetsummmerdays wrote:
I never made a big deal out of any of the issues. Just speaking about them here to say that there are extra expenses and last minute ones when dealing with some things with older children.

Your original argument was that the family in the article would be completely unprepared for all of the very hefty expenses older kids have.  You went on to say that older kids are a lot more expensive than little ones (even factoring in daycare costs), but don't seem to track your kids current expenses to know if they are or not.  And you never did answer if you would have the same opinion about a family making $40,000 with a mortgage, car payments and debt payments.

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Registered: 03-08-2010
Wed, 03-06-2013 - 4:56pm
Over a week Jam they were out of school as I had no work for one week too.
Avatar for savcal2011
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Registered: 10-06-2010
Wed, 03-06-2013 - 4:56pm

The Girl has quite a few unplanned parties with the guard girls, but I don't provide any $$ for those. They're optional; they come out of her money. 

"I don’t mind a banshee, that’s fine. 2 banshees? I HATE you. I actually wish bad things upon you." -- Day[9] Daily #459 P1

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Registered: 03-08-2010
Wed, 03-06-2013 - 4:55pm
Nope not backpedaling lol.
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Registered: 10-23-2001
Wed, 03-06-2013 - 4:55pm
That's strange, What do you know about swim team?

 


 


Avatar for savcal2011
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Registered: 10-06-2010
Wed, 03-06-2013 - 4:54pm

lifespeachy wrote:
Here, parents are required to be at every football practice. Is that not the case where you are?

I don't have kids in sports, but once it becomes school sports - NO!  In fact, regular practices for most sports are during last block of the school day and exten for some time after that. 

"I don’t mind a banshee, that’s fine. 2 banshees? I HATE you. I actually wish bad things upon you." -- Day[9] Daily #459 P1

iVillage Member
Registered: 03-08-2010
Wed, 03-06-2013 - 4:54pm
sweetsummmerdays wrote:My hs child has occasional parties--I'm glad it's not every week, I do prefer she do more learning than having parties in school. Last one she said she'd bring a drink so I paid about $3.50 for a big bottle of juice. That would come from my food budget and it doesn't register as a blip on our screen of life, except to find the time to swing by the store to get the item. -----------These parties were not in school but at someone's home the next before a meet. What do you mean by more learning than having parties in school? In my experience, school parties end in elementary school for the most part, with the exception of foreign language, lol. --------------- I didn't post that. I indicated that parties I was speaking of were not in school.
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Registered: 11-14-2011
Wed, 03-06-2013 - 4:54pm
so unexpected activies and expenses were tied to the weather, not to the age of your children..... That makes sense.
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Registered: 10-23-2001
Wed, 03-06-2013 - 4:53pm

sweetsummerdays wrote:
PKA-I think this year was because of Hurricane Sandy. Many games had to be made up, changed days, times, places. (h.s. and "little league" football as we had the same thing with my son's games).

Midwesterns don't understand the effects of hurricanes, Seriously...  How long were your kids out of school again? 

 


 


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