Reply to Family budget if your HHI is around 375k

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[quote=Anonymous]I really don't see how someone has this much issues making ends meet with this much money.

I know people who have made ends meet, abit just barely, with only 20k.

I'll share with you some of the secrets of how to live on small amounts of money - While you have a lot of money, I'm sure that most of these can still apply.

1. Don't buy name brand clothing. If you want name brand, then get it at a secondhand store - The clothes are in great condition, and at a fraction of the cost. You could save more money by buying most of your clothes at secondhand shops - All that has to be bought new is undergarments and socks - Realistically, everything else can be bought secondhand.

2. Don't have cars that are more then you require. If your just driving to and from work then you've no need for a fully sized SUV. A regular, basic, car will suffice just fine. Additionally, if you have children who are about to be of driving age, don't buy them new cars - Get a used car instead. While a used car will have some forms of damage, a lot of it is either easily fixed by a mechanic or isn't important enough to bother fixing.

3. Don't spent exorbitant amounts on sending your kids to camp. If it costs more then $500 a kid, look somewhere else.

4. Generic generic generic. When shopping, get generic - storebrand - items instead of the name brand. A lot of the items are exactly the same either way - Your just paying for a name a lot of the times.

You many say that these ideas are crap, because your wealthy and want to be able to use that wealth... But are you really wealthy if you have this much trouble making ends meet? If you have any complaints, at all, over how much money you have left over at the end of the month then it's a sign that you need to cut back somehow.[/quote]

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