Comments on: 5 Ways to Survive on One Income http://www.rather-be-shopping.com/blog/2008/04/02/survive-on-one-income/ Coupons, Frugal Living Tips, and Personal Finance Tips to Make Life A Little Easier Thu, 12 Nov 2009 00:45:59 -0800 http://wordpress.org/?v=2.8.6 hourly 1 By: Monique Rowe http://www.rather-be-shopping.com/blog/2008/04/02/survive-on-one-income/comment-page-1/#comment-2536 Monique Rowe Wed, 04 Nov 2009 04:57:06 +0000 http://www.rather-be-shopping.com/blog/2008/04/02/survive-on-one-income/#comment-2536 Book is done...also have the web site- we try to live on one income- it's tought for sure, but can be done. Book is done…also have the web site- we try to live on one income- it’s tought for sure, but can be done.

]]> By: Monique Rowe http://www.rather-be-shopping.com/blog/2008/04/02/survive-on-one-income/comment-page-1/#comment-2480 Monique Rowe Sun, 02 Aug 2009 20:23:54 +0000 http://www.rather-be-shopping.com/blog/2008/04/02/survive-on-one-income/#comment-2480 I am writing a book on one income living families or singles and would love to hear from anyone interested in having their say - looking for half to full page write ups and your name is witheld on request. If you have a related web site, it can be listed in the book. Thank you. I do look forward to your emails. leo7@sasktel.net I am writing a book on one income living families or singles and would love to hear from anyone interested in having their say – looking for half to full page write ups and your name is witheld on request. If you have a related web site, it can be listed in the book.
Thank you. I do look forward to your emails.
leo7@sasktel.net

]]> By: foreclosurefish http://www.rather-be-shopping.com/blog/2008/04/02/survive-on-one-income/comment-page-1/#comment-1888 foreclosurefish Mon, 21 Apr 2008 15:56:23 +0000 http://www.rather-be-shopping.com/blog/2008/04/02/survive-on-one-income/#comment-1888 Great post, surviving and prospering with just one income is quite possible. Sometimes, it's probably preferable, depending on the family conditions. Financing a life of debt, huge houses, larger cars, and impulse purchases is not quite possible with just one income, of course, but you're spot-on discussing having to sacrifice some things. Budgeting and taking up the deals that other profligate spenders pass up definitely help avoid the credit traps. And downsizing seems to be one of those taboo words in American culture right now, what with larger SUVs, larger fast food meals, bigger box stores, and so on. But cutting expenses is one of the easiest ways to live happily with less. Great post, surviving and prospering with just one income is quite possible. Sometimes, it’s probably preferable, depending on the family conditions.

Financing a life of debt, huge houses, larger cars, and impulse purchases is not quite possible with just one income, of course, but you’re spot-on discussing having to sacrifice some things. Budgeting and taking up the deals that other profligate spenders pass up definitely help avoid the credit traps.

And downsizing seems to be one of those taboo words in American culture right now, what with larger SUVs, larger fast food meals, bigger box stores, and so on. But cutting expenses is one of the easiest ways to live happily with less.

]]> By: Momma http://www.rather-be-shopping.com/blog/2008/04/02/survive-on-one-income/comment-page-1/#comment-1887 Momma Mon, 21 Apr 2008 15:04:23 +0000 http://www.rather-be-shopping.com/blog/2008/04/02/survive-on-one-income/#comment-1887 Great tips! I'm always amazed at how much we can tighten our belts when we need to. Of course, when we don't need to is when we slip. Great tips! I’m always amazed at how much we can tighten our belts when we need to. Of course, when we don’t need to is when we slip.

]]> By: Jenny http://www.rather-be-shopping.com/blog/2008/04/02/survive-on-one-income/comment-page-1/#comment-1864 Jenny Wed, 16 Apr 2008 17:15:48 +0000 http://www.rather-be-shopping.com/blog/2008/04/02/survive-on-one-income/#comment-1864 My husband made me wait until all of our credit card/student loan debts/car loans were paid off before I could get pregnant. We spent the first fours years of our marriage working and buying small things here and there ( a piece of real furniture- a vacation- a starter home) and the rest went to debt payments. I'm so glad he had that much foresight and patience with me. Now that I have my children and I'm not going to a 8-5 job- I'm so glad we had those early years to enjoy each other, mature, and become more financially stable. We're both naturally thrifty so we haven't felt the need to budget for everything. But, with the economy going the way it is I feel the urge to really tighten the belt. My husband made me wait until all of our credit card/student loan debts/car loans were paid off before I could get pregnant. We spent the first fours years of our marriage working and buying small things here and there ( a piece of real furniture- a vacation- a starter home) and the rest went to debt payments. I’m so glad he had that much foresight and patience with me. Now that I have my children and I’m not going to a 8-5 job- I’m so glad we had those early years to enjoy each other, mature, and become more financially stable. We’re both naturally thrifty so we haven’t felt the need to budget for everything. But, with the economy going the way it is I feel the urge to really tighten the belt.

]]> By: The Happy Housewife http://www.rather-be-shopping.com/blog/2008/04/02/survive-on-one-income/comment-page-1/#comment-1803 The Happy Housewife Tue, 08 Apr 2008 02:24:21 +0000 http://www.rather-be-shopping.com/blog/2008/04/02/survive-on-one-income/#comment-1803 Great post... I have always been a SAM but there were some lean years. We lived with one car, no tv, and no meals out for over a year, until my husband was promoted and received a raise. It can be done! Toni Great post… I have always been a SAM but there were some lean years. We lived with one car, no tv, and no meals out for over a year, until my husband was promoted and received a raise. It can be done!
Toni

]]> By: Katie http://www.rather-be-shopping.com/blog/2008/04/02/survive-on-one-income/comment-page-1/#comment-1795 Katie Sun, 06 Apr 2008 16:41:54 +0000 http://www.rather-be-shopping.com/blog/2008/04/02/survive-on-one-income/#comment-1795 I love this post. My husband and I too are on a budget! Althought it was tough at first, we are loving it now! We know where all of our money goes! What a concept! I love this post. My husband and I too are on a budget! Althought it was tough at first, we are loving it now! We know where all of our money goes! What a concept!

]]> By: Kyle http://www.rather-be-shopping.com/blog/2008/04/02/survive-on-one-income/comment-page-1/#comment-1788 Kyle Fri, 04 Apr 2008 06:09:51 +0000 http://www.rather-be-shopping.com/blog/2008/04/02/survive-on-one-income/#comment-1788 Brip Blap, Good point on the importance of buying sensibly. That is great that it works for you that way. The power of the budget for us is the way it shows us visually money in, money out. We know where it is ALL going and brings up red flags on things we can cut back on or eliminate, and what we should have left over at the end of the month. Brip Blap, Good point on the importance of buying sensibly. That is great that it works for you that way. The power of the budget for us is the way it shows us visually money in, money out. We know where it is ALL going and brings up red flags on things we can cut back on or eliminate, and what we should have left over at the end of the month.

]]> By: Aaron Stroud http://www.rather-be-shopping.com/blog/2008/04/02/survive-on-one-income/comment-page-1/#comment-1782 Aaron Stroud Thu, 03 Apr 2008 05:02:08 +0000 http://www.rather-be-shopping.com/blog/2008/04/02/survive-on-one-income/#comment-1782 Sticking to one vehicle is working well for us. Our only debt is student loans, consolidated at a rate approximating inflation and a reasonable mortgage. And once our mortgage is eliminated, we'll be able to cut back even further, leaving even more time for the kids. Sticking to one vehicle is working well for us. Our only debt is student loans, consolidated at a rate approximating inflation and a reasonable mortgage.

And once our mortgage is eliminated, we’ll be able to cut back even further, leaving even more time for the kids.

]]> By: Brip Blap http://www.rather-be-shopping.com/blog/2008/04/02/survive-on-one-income/comment-page-1/#comment-1781 Brip Blap Thu, 03 Apr 2008 03:22:55 +0000 http://www.rather-be-shopping.com/blog/2008/04/02/survive-on-one-income/#comment-1781 We switched to one income a few years ago, too, and I think the key is preparing ahead of time for the switch. I still wear my corporate uniform of Ralph Lauren shirts, but I buy them from Marshalls, not Macys or Nordstroms. I am not a big fan of budgeting, though. I think buying sensibly doesn't really require a budget. I buy instant coffee instead of Starbucks, but we don't have a coffee budget (since I can drink 120 cups for $5). We buy items on sale at the supermarket, etc. Great list! Too many people think having a one-income family is impossible and it is not - it is very, very possible, you just have to decide whether you have the discipline for it before you do it! We switched to one income a few years ago, too, and I think the key is preparing ahead of time for the switch. I still wear my corporate uniform of Ralph Lauren shirts, but I buy them from Marshalls, not Macys or Nordstroms.

I am not a big fan of budgeting, though. I think buying sensibly doesn’t really require a budget. I buy instant coffee instead of Starbucks, but we don’t have a coffee budget (since I can drink 120 cups for $5). We buy items on sale at the supermarket, etc.

Great list! Too many people think having a one-income family is impossible and it is not – it is very, very possible, you just have to decide whether you have the discipline for it before you do it!

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