Video: See how this family of 6 cut spending by $79,000 a year

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  • Floyd Johnson Broken Arrow, OK
    Jan. 31, 2013 8:51 p.m.

    It is good to see that his family is supportive. But how does one acquire $800,000 in excess of one's income to spend frivolouly? Is he spending through an inheritance? Multiple mortgages on his property? Recent bancrupcy?

    I have done the math on hens, it is difficult to come out ahead financially, great experience for the kids though. Rabbits make sense if you do your own butchering. Hogs, the most amazing machine ever developed. They transform garbage into bacon.

  • Diligent Dave Logan, UT
    Jan. 30, 2013 10:06 p.m.

    My personal preference is the husband/father should lose his earring. But, that aside, he's getting on the right track. Thing is, most of us don't have 40 acres (but would LOVE to)! I went in September for the first time to New England (NH) to help a daughter drive out to Utah with her 3 children. New Hampshire seems to be mostly ALL trees, at least the narrow corridor I saw on the West end of the state.

    I think clearing the trees for his garden is going to be a HUGE challenge. Nothing beats a chainsaw for mass tree and bush removal. Purely hand tools would genuinely (healthwise) be foolish. Pencil pushers, like most of us, can heart our hands, arms, shoulders and backs by suddenly trying to do too much manual labor, where we're not use to it much at all.

    Along the Wasatch Front, 40 acres would cost a fortune. Might have been able to do it 50 years ago, and maybe 40 years ago. But when I bought the home I live in now, my first, 33-1/2 years ago, real estate had jumped by about 1/3 in one year!

  • DN Subscriber 2 SLC, UT
    Jan. 30, 2013 12:19 p.m.

    "After spending $100,000 more per year than they made...?"

    Who do they think they are, the federal government?

    Maybe we need to go back to an all cash economy. No money- you don't get it. And the concept of being in debt is shameful, not admirable.

    Or, the old "Use it up, wear it out, make it do, or do without." instead of instant gratification of every material desire.

    These folks (and everyone in Congress) just need to turn on Dave Ramsey or Clark Howard on the radio and follow their advice.