New Series: The Frugal Family

Financial straight-talker Dave Ramsey tells people to "live like nobody else (now) so that you can live like nobody else (later)."

The truth is that life is filled with wealthy individuals on meagre income aswell as those households struggling despite bringing in impressive amounts of cash. In most cases, it really isn't a matter of what you have so much as what you do with it.

In a future series, I'll be dealing with creating and managing a household budget - that balance between how much you earn and how much you actually need. For now, I've decided to start with the simple and practical things you can do today to cut back living expenses.

Baby steps can make a difference. A little effort and planning has helped our family cut almost $100 each week off the grocery bill alone. That's a whopping $5,200 saving each year just at the supermarket! I'll be using the frugal Family series to share the everyday hints, tips, recipes and ideas we used to accomplish that goal and others.