Do you know how to live on 1/4 of what you do now? EVEN if you are in debt?

by Sandi Krakowski on November 2, 2009

I am curious….. would you permit me to take a tiny survey?

When our family was over $ 500k in debt ( included mortgage) and over 6-figures in medical bills- this was after I finally got well, we had to trim the excess out of our budget. Being the organic mommy who eats and treats her family well- let me just say I didn’t feed the junk from Sav A Lot.

My questions:

Do you know how to feed a family of 5 people on $ 50? Do you know how to stretch a food budget and STILL eat healthy? Do you know how to trim $ 500 out of your current budget?

What would you do if tomorrow, your income went from $ 15,000 per month to $ 2500? Could you survive or would you crash?

Some of you are at $ 2500 and believe (falsely!) that making $ 15,000 per month would solve all of your problems. NO it wouldn’t because your spending habits would follow you. I know millionaires who are in debt over $3 million dollars and I know people who earn $ 35,000 per year who have a net worth over $ 1 million dollars.

Can you help me out some? I am truly curious how I might be able to help the market with this…. without alot of negative condemnation and illogical expectations.

We’ve been debt free now for 18 months and my monthly expenses are $ 3,000. :) I can spend whatever I want, whenever I want- but that is what it costs me to provide for our family of 4…. well my husband is the provider ( wink) I am the cream maker… and lets just say, I make ALOT of cream each month! :)

I’d love your input! Sandi

{ 2 comments }

1 Tom Ivey November 3, 2009 at 5:46 pm

Wow…great stuff! That article fits me to a “T”. I went from making about $20,000 a month owning a mortgage brokerage, to bankruptcy. After hitting rock bottom, I had a good job that paid me well, only to get laid off due to the economy. At this point, we have no clue how we’re going to pay the mortgage this month.

2 sandi November 3, 2009 at 5:57 pm

Tom, walk by faith… as well unplug, disconnect and go without everything that doesn’t bring in a profit for the family. Be willing to work anywhere until you can find work that is better. Sell your services, write an ebook about what you did in Mortgages and how to apply it to other online businesses. Don’t lose hope, when you least expect it, the answer will come. But SHOW your intention by being willing to live on pancakes, beans, smoothies, potatoes, oatmeal, without TV, phones, etc that are unnecessary. We were there- when I made the shift the profits started coming, and so did the belief! Blessings!

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