Extreme Savers or Magicians ? You Decide ..

November 17, 2006 at 12:56 am Leave a comment

 Extreme Savers or Misers Magicians

Ok .. I am not hating but this is incredible . This guy makes $48,000 a year and his wife does not work , that means they are both leaving off the $48k  but the interesting point is that they have over $200 000 in savings and they dont own a home so this is not money from home equity . They save 60% of the $48,000 – I want to know where they learnt to perfom such magic . 60% of $48,000 is $29,000   so they are living off $19,000 before taxes .

My mortgage is over $30k a year and daycare is about $9,000 (for 1 child) a year, so  you see they are performing magic . I did not even add insurance , gas , cable ,cell phones , electricity etc etc etc

See the story here http://money.cnn.com/2006/11/16/pf/saver_black/index.htm?postversion=2006111616


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About Biz News

My Name is Bisi and this is my blog This blog features stories that I have read that I think are interesting . I usually bookmark the stories that I find interesting but they are getting too many . I have decided to catalog and share them on this site . I am not really promoting the site so you might have accidentally stumbled on it . Thanks for visiting .
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