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Two adults, two kids, one part-time job.

How we live on $20,000 a year.

Saturday, June 4, 2011

Learning to Live on Less

When my husband decided he was ready to go back to school to finish his degree, I was elated. As a graduate of Spring Arbor University, I naturally encouraged him to check out my alma-mater which was now 50 miles from our home in Bronson,  Michigan. We quickly realized that commuting 100 miles round trip would take a significant amount of family time away from our two small children (Our daughter Renee was two and our son Jackson was six months at the time).

In a downward market we put our humble two bedroom home up for sale and prepared to move to Spring Arbor. We prayed to break even. A week before classes started in the fall of 2008, we accepted an offer on our house - significantly less than our asking price, we still walked away with $2,000 in our pockets. A huge achievement in the world of real estate!

We loaded a borrowed truck and drove 50 miles to Married Housing on the campus of Spring Arbor University. We crammed our belongings into a three bedroom, 750 sq. ft. apartment. It was the beginning of living on less.

Eric had quit his job in order to finish his education, I had not really worked in two and a half years. Jobs were scarce - I couldn't even get hired at Meijer as a cashier -looking back I thank God! We had no other choice than to live on less. Less space, less groceries, less discretionary spending. It was hard - but it showed me that we (I mean everyone) can really live on a lot less than they think - and be happy. It is a state of mind. It's a way of thinking.

I soon landed a part time job at the University as a secretary. Annual salary: $18, 984. True story.

Two adults, two kids, one part time job. We don't only survive we thrive.

We've never been happier . . . living on less.