Photo By: acnatta

Frugal Dad shares the story of an American family that slashed its weekly spending from $660 to under $110. It’s a pretty impressive cut in expenses. In the video (MSNBC), Ellen Roberts, the mother says the key was just knowing where all her money was going:

“You just spend so much money on frivolous things, it adds up. You don’t understand how it adds up until you really see the numbers.”

It seems pretty simple, but even I’ve been surprised by how much more conscious of my spending I’ve become since recording where my pennies go.

Lesson learned: You can’t know how much money you spent, if you don’t write it down.

I’ve still got about a week of recording before I create a proper budget.Judging by my numbers so far, I’m not sure I could live within the budget of the Roberts’. Although Ellen admits she’s going back to getting professional pedicures,  I’m extremely impressed by their ability to spend under $110 for the entire family. As an individual, do you live happily under $100/week? Could you? Could you cut your spending in half?

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