There are folks living on one income right now.
Whether by choice or not, living on one income requires proper preparation, both financially and personally. Find our tips on how to live off one income.
www.incharge.org
"Almost 33% of families with children are single-income households. And 23% of married couples without children rely on only one breadwinner."
"Also, try to find less expensive alternatives for the items you do need. Some ways to do that include:
- Canceling subscriptions
- Reducing electricity use
- Buy generic products
- Consolidate debt
- Use coupons
- Eat at home
- Order water when you eat out instead of paying $3.79 for a soft drink
- Stop smoking
- Take shorter showers
- Cancel gym memberships
- Drink homemade coffee on the morning commute to work
Sure, it’s easier (and probably tastier) to drive through Starbucks to pick up a $10.25 Churro Frappuccino. But the aftertaste of that expense will leave a bad taste in your bank account."
I know you'll dis all this but, the truth is that it can be done.