View Full Version : How this military family of four lives well on just $14,000 per year

02-28-2013, 10:33 AM

In the years since the recession, the median household income in the U.S. has dropped to just over $50,000, while fixed costs like health care, higher education, and housing have only soared.
Now imagine trying to support a family of four on a fraction of that income.
It's a reality that Danielle Wagasky and her family have lived with for the last four years.

And, perhaps a little surprisingly, they wouldn't have it any other way.
Wagasky, 28, and her husband, Jason, 31, moved with their two young children to a three-bedroom family home in Las Vegas, Nevada in 2009. Jason, a member of the U.S. Army, was fresh off a tour in Iraq and decided to go back to school complete his undergraduate degree.

Her blog: Blissful and Domesticated (http://us.lrd.yahoo.com/_ylt=AiNjSex9SRotBRe4fnNiQzIcTptG;_ylu=X3oDMTFqaTN jbzlmBG1pdANBcnRpY2xlIEJvZHkEcG9zAzMEc2VjA01lZGlhQ XJ0aWNsZUJvZHlBc3NlbWJseQ--;_ylg=X3oDMTM3OG4xcGppBGludGwDY2EEbGFuZwNlbi1jYQRw c3RhaWQDZGNjZmYzY2YtMGYyMy0zZTc2LWE0MjUtMjBiYWM4Nm I0ZDAxBHBzdGNhdANwZXJzb25hbGZpbmFuY2V8cnJzcARwdANz dG9yeXBhZ2U-;_ylv=0/SIG=11np1jslg/EXP=1363278418/**http%3A//www.blissfulanddomestic.com/)

Book that inspired her (check for it at the library!): http://www.amazon.com/gp/product/0307339459/ref=as_li_tf_tl?ie=UTF8&camp=1789&creative=9325&creativeASIN=0307339459&linkCode=as2&tag=blissanddomes-20

Lady's Human
02-28-2013, 06:59 PM
Neat story, but the $14K/year budget started AFTER they bought the house.

Being that that's the major expenditure for most families, the budget is entirely conceivable.

02-28-2013, 08:47 PM
Yes, but their house only cost them $30,000 with the kitchen make-over. A young couple with two small children, a 3 bedroom house costing 30k can be a very tight fit (my sister and her hubby are expecting their first child in May and live in a house that cost maybe $35k, is considered 3 bedroom [one of the rooms is the size of a closet, really] and it is smaller than the condo I currently rent [not by much, but still].). So... I still think, even without a mortgage, living off 14k a year with 2 small children is quite the feat. Even I make more than that (but not by much...) and I have trouble making ends meet with student loans, and I don't have kids!!!