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Old 03-06-2007, 09:39 AM   #1
Default America's Cheapest Family
Em's Mom
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Has anyone read this book? It sounds pretty interesting. They have seven kids and paid off their first house in nine years on an income of $35,000!

From Booklist
There's no doubt that today's families can use some help in balancing the household finances, and the Economides family, headed by a former ad sales exec and his homemaker wife, deliver the goods here. To an extreme. As founders of the HomeEconomiser newsletter, the couple offers plenty of helpful tips on shopping and menu planning, saving, reducing debt, and cutting back on utilities. Most of Middle America, however, will probably find their habits overly harsh. Take, for instance, their shopping routine: they make one monthly trip to the grocery store, which takes up to five hours but costs them only $350. By freezing such items as milk, bread, and cheese for later in the month and using the more perishable fruits and veggies early in the month (saving such things as apples and carrots for the latter weeks), the Economideses feed themselves and their five children based on this one trip. Even though some tips advocate what others might consider garbage picking and mooching, any family with money issues will find useful information here. Especially helpful are their household budgeting techniques, adaptable to any home. Mary Frances Wilkens
Copyright © American Library Association. All rights reserved

Review
“Of all the how-to-do-it books ever written, the best and most constructively useful are the Bible, Voltaire’s Candide- and this one. The time is right, right now, for somebody to give us all a top sergeant lesson in practical economics: ‘There is no free lunch.’ Congratulations, Annette and Steve Economides: I pray your readers will practice what you teach.”
- PAUL HARVEY, legendary American radio broadcaster and host of The Rest of the Story on the ABC Radio Network

“If your family is struggling with debt or you find yourself spending more money than you can legitimately afford, pick up and READ this book today! Implement the strategies you find and enjoy a lifetime free of financial anxiety!”
- Glinda Bridgforth, financial coach, Oprah Debt Diet consultant, and bestselling author of Girl, Make Your Money Grow! and Girl, Get Your Credit Straight!
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Old 03-06-2007, 09:50 AM   #2
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I haven't read it but it has definately peaked my interest!
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Old 03-06-2007, 09:53 AM   #3
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Is their last name really :Economides? lol, how fitting. Sounds interesting though, almost alot like the Tightwad Gazette's founder.
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Old 03-06-2007, 09:55 AM   #4
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I haven't read this book, but I want too. I saw them on 20/20 a few weeks ago and I was amazed at how they run the household on $35,000 a year. I have been to their website and you can subscribe to their newsletter. I think it's $12 a year. They seem to know what they are doing, so it's worth taking a look!
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Old 03-06-2007, 09:57 AM   #5
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I have not read it but I saw them on 20/20 awhile ago when they were doing a show on debt. I think I may borrow it from the library if they happen to get it in- I try not to buy books if I don't need to!

If you should happen to read it- let us know if it is any good and if they give extra tips that we have not really been over before!
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Old 03-06-2007, 10:05 AM   #6
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I called just called the library, they do not have it but they will order it for me. Sounds like an interesting read.
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Old 03-06-2007, 10:38 AM   #7
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I also saw them on 20/20 a while back. They even take walkie-talkies to the grocery store to talk to each other, making sure they are getting the best deals! I wish I could only be so disciplined!
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Old 03-06-2007, 10:51 AM   #8
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I just ordered it from Amazon for $6. I usually get my books from the library, but I want to lend this one to my sisters.
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Old 03-06-2007, 01:16 PM   #9
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I own this book. She has an interesting way of setting up a budget I am going to try. Other than that I knew most everthing else. It's not a bad book though, I will read it again I'm sure. They have 5 kids, though, not 7.
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Old 03-06-2007, 01:35 PM   #10
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Quote:
Originally Posted by Momma2L&H
I haven't read this book, but I want too. I saw them on 20/20 a few weeks ago and I was amazed at how they run the household on $35,000 a year. I have been to their website and you can subscribe to their newsletter. I think it's $12 a year. They seem to know what they are doing, so it's worth taking a look!
Sounds like they are going to be making more than $35,000 a year now if they are charging $12 for their newsletter and they have a book out. The book sounds interesting though.
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