1. The Topic of the Month for May 2017 is "Motivationals." Please join the discussion on the Survival Topic of the Month forum.

The Jones family budget

Discussion in 'Financial Cents' started by TnAndy, Aug 8, 2011.

  1. TnAndy

    TnAndy Senior Member Founding Member

    Ran into this reading around this morning. It's a parody on the federal budget with the zeros removed to simplify it. The whole article is well worth a read, but here is a snip:

    * Total annual income for the Jones family: $21,700
    * Amount of money the Jones family spent: $38,200
    * Amount of new debt added to the credit card: $16,500
    * Outstanding balance on the credit card: $142,710
    * Amount cut from the budget: $385

    So in effect last month Congress, or in this example the Jones family, sat down at the kitchen table and agreed to cut $385 from its annual budget. What family would cut $385 of spending in order to solve $16,500 in deficit spending?

    This REALLY puts the federal problem in terms most of us can understand !

    Whole article: The Silver Bear Cafe
    Sapper John, dystopia and BTPost like this.
survivalmonkey SSL seal        survivalmonkey.com warrant canary