I have written before about the Economides family. They are a family of seven that live on on $44,000 a year and have written a book called "America's Cheapest Family". They are a sort of "Tightwad Gazzette" family for the 21st Century. Their total bill for Christmas shopping this year was less than $100. Impressive! They appeared on the "Today" show to talk about their frugal lifestyle.

3 comments

  1. Lamar // December 19, 2008 at 1:22 PM  

    I grew up in a family of 4 on $10K/year. Millions of families live on even less. No biggie.

  2. Frugaller // December 20, 2008 at 6:43 AM  

    Brilliant

    I'm going to go and check out there website.

  3. SavvyFrugality // December 20, 2008 at 11:07 AM  

    My wife grew up in a family of 8, and I know they lived on far less than $44,000 per year, even when adjusted for inflation. However, I know they also lived a very tough life and there were times they didn't have enough food to eat. Frugal living isn't just about living cheap, it's about actually having a decent life while living cheap, which is what Savvy Frugality is all about. Anybody can be poor and forced to live on less money; but many people make a decent living and are still broke.

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