Manage Your Life

Friday, December 4, 2009

Four Reasons Big Families Might Have it Better in This Economy

Posted by Jeanne Sager

If it costs more to feed a bigger family in good times, doesn't it stand to reason that it would cost more in lean times too? Yes, but it's possible bigger families are better prepared for hard times - because they're used to living on a stricter budget. 

Talking with the Chicago Tribune, Don Demaree of the Center for Consumer Credit Counseling says some (not all, he's quick to add) of the larger families have cottoned on long ago to frugality - be it by buying in bulk or finding free entertainment for the family. 

So what else do the big families have on those of us with just one or two kids? 

1. When they buy in bulk, the family actually uses it all. Some things never expire - we bought all our diapers at Sam's Club. But those blocks of government cheese are likely to turn hard before we plow through them in a house of just three, and a giant bag of chips goes stale before we're down to the crumbs - and there goes our money, down the drain.

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