2010 Frugal Living Guide
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7 steps to living on one family income

Say 'so long' to the Joneses
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Say 'so long' to the Joneses

With most of today's couples pulling in two paychecks, many of the trappings of today's modern family -- the bigger house, new cars, dinners out -- are the result of a two-income lifestyle.

Don't expect to have all of those things if a single-family income is your priority, Gilbert says.

"You need to have an open discussion with your peers and say, 'We really can't afford to go out to restaurants and do these other things because we've chosen to live this one-income lifestyle,'" he says.


 

 

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