Especially a young single income family that have never earned more than 30,000 a year.
Yet in just under six years, they saved enough money to buy the home of their dreams with more than half down. They plan to finish paying it off in five years.
How did they do it? By always spending less than they earned.
John Mark began his job making minimum wage. They saved then. When his income rose, they saved more.
Pulling up into the driveway of their home filled me with inspiration. If they can do it, so can the rest of us.
They gave up expensive meals, date nights, new clothes and all the extras that we come to consider necessities. For years they went without cell phones and even internet.
Crystal is an avid garage saler and few things in her home (that weren’t gifts) cost more than a tenth of the retail value.
Packing a lunch for work is the obvious frugal thing to do, but when John Mark learned that a meat and cheese sandwich cost 25 cents compared to 10 cents for a pb&j, he said he didn’t need the meat sandwiches. He wanted to save the 15 cents.
15 cents a day won’t buy you a home, but radical frugality in all areas will.
They are radically frugal and have already reaped radical rewards.
photo by Oliver Gruener