Is living within ones income a thing of the past, an oddity in todays world?Between me and the wife we have 7 kids of the 7 only 2 seem to live within their income level.I have a daughter that bearly scraps by and a stepson that is doing ok.All the others lurch from crisis to crisis and are always broke and borrowing payday to payday.I do not help like I have in the past I don't have it but for some reason the kids ( the 5 idiots) think we do.My wife is the more tender hearted and would hand them what they were crying they need.
I have looked at some spending habits of the kids and myself and have found its the small stuff that makes the biggest difference in having money.
When I leave to do anything I take a cooler with water and can drinks sandwiches crackers . If someone is with me I pack for them to . Maybe cost 3.50 for both
The kids stop at gas stations get 20oz sodas ,junk food , then they leave go to Mc D for a big Mc Meal . For 2 they will spend 20$ or more plus gas.
Ok this may seem trivial but they do this 5 days a week its around a 100$ for a week difference.
The 5 kids all have car payments me and the other 2 kids drive used and payed for cars and only carry liability . The difference is 350 to 400 a month.
Now I am not cheap we love to camp we like to eat out(got to love Logan;s 2 for 14.99) once a week . Here is another big difference they eat out 3 to 4 times or more a week 30 to40 a meal.
Now just what I have listed can make 800 to 1000$ a month difference in budget.It blows my mind when they are talking about how broke they are .
If I am broke we skip camping we eat at home and eat cheaper at the house , If something breaks we tighten our spending (washer craped out Monday).The cars stay parked unless its a have to .There is an old saying "Watch the pennies The dollars will take care of themselves".
I once lived beyond my income level and can tell anyone the stress is unbelievable. I had to have 2 full time jobs at one point now I prefer having less and more time.