It was all new. They had the families that were on the debt diet back a year later to see how they all did. Interesting to see who did well and who didn't and why.

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I thought the show was great, very inspiring. Just what I needed to stay on track I really like Jean Chatzky.

I missed the last part with the revisit to the last family. What happened with them?

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~Missy~Mommy
Meghan8.Samantha7,Cameron4

SAVE HANDMADE TOYS!!

http://www.change.org/ideas/view/sav...from_the_cpsia

The last family didn't follow the plan the ENTIRE way their financial advisor told them to, and they ended up $37,000 MORE in debt They just didn't seem committed enough. They started to see some results, which in turn led them to think they could spend again. I was glad they showed a family that didn't make it this year, it shows what a long term, life time choice money is!

I thought I saw it say under the guys name "$37,000 in debt" or something like that but couldn't hear and didn't get it! Thanks for that. And it is so true. YOu can never let your guard down with this stuff. Its never ending and requires committment.

__________________
~Missy~Mommy
Meghan8.Samantha7,Cameron4

SAVE HANDMADE TOYS!!

http://www.change.org/ideas/view/sav...from_the_cpsia

I missed it and forgot to tivo it! oh well

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A woman is like a teabag. You never know how strong she is until she gets into hot water.-Eleanor Roosevelt

It was a good show...

The family that got MORE into debt...was amazing...they just weren't/aren't ready to make the hard choices necessary. They didn't seem all that committed from the beginning...from what I remember, they had a hard time saying "no" to their two daughters.

The part that I really took something from was when they said "its a myth that if you don't work, you can't put money away to save". I guess its common sense, but when I thought about it, my dh has a 401k that he contributes to, but where's my retirement plan? I mean I hope to be w/ him when we retire, but will he have saved enough for both of us? I'm thinking of opening an ira when we get our tax refund this year.

I read somewhere that in order to open a Roth Ira, you had to have an income. Has that changed. What Ira can SAHM's open? I'd like to know if anyone knows. Thanks.

If you are married and only one of you is working, you can still contribute the maximum amount to two IRAs. One for you and one for your spouse.

The 2006 max for a Roth is $4,000.00, so it would be $8,000.00 total between the two IRAs.

I am a SAHM and DH and I contribute the maximum every year for both of us.

HTH!