Today Show: Frugal Family Lives on $14,000 a Year & Top Clicks 3/8/13

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Today Show: Top Clicks Of the Week March 8 2013

It is Friday again which means it is time for the Top Clicks of the Week. The following clips are the top clicks from March 4 2013 to March 8 2013.

Let us know which one is your favorite by leaving a comment below.

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Today Show: Frugal Family Lives On $14,000 a Year

Do you think you could live on $14,000 a year? According to the government, a family of four making under $23,000 is considered poor, which means the Wagasky family is about $9,000 below the poverty line. But for Jason and Danielle Wagasky, $14,000 is all they say they need to live happy and debt free each year.

Today Show: Frugal Family Lives on $14,000 a Year & Top Clicks 3/8/13

The Today Show met a frugal family in Nevada living on only $14,000 a year, they give some tips for living simply and had Top Clicks of the Week March 8.

The couple, along with their two children, live just outside Las Vegas where they have been living on $14,000 a year for over four years. It all started when Jason came home from a tour in Iraq and decided he wanted to go back to school. The GI Bill would pay for his school but it would only leave $14,000 for the family to live off of during the year. They knew it was not going to help them pay back any of their debt, so the two decided to dip into their savings, pay off their mortgage and car payments and tighten their financial belts.

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Danielle said it was hard at first but then she read America’s Cheapest Family, a book that reveals the secrets to living well below your means. She said the book taught her how to transform her family’s finances and it taught her the key to living on a tight budget is planning. Danielle said she plans her meals each month, only buys groceries on her shopping list, only pays for items in cash, she makes her own laundry detergent, she gets recipes and her children’s school books from the library and she has a clothes line instead of a dryer. And those are only a few of the small changes she made to accommodate her family’s new lifestyle.

Danielle said it is “blissful” living on such little money. And it may never change. Although her husband is trying to get a job as a police officer, Danielle said even with more money, nothing is going to change.

“In America bigger is never enough,” she said. “That is where we are different.”

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