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Article: A frugal family: Janice and Mark Blake make sure their family knows how to stick to a budget.(Wealth For Life)
- Article from:
- Black Enterprise
- Article date:
- June 1, 2009
- Author:
CopyrightCOPYRIGHT 2009 Earl G. Graves Publishing Co., Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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[ILLUSTRATION OMITTED]
Principle No. 1
I will live within my means
IN THE MIDST OF THIS "GREAT RECESSION," A good number of Americans have resorted to ignoring money matters, clinging to hopes that they can begin saving, investing, and moving toward prosperity once the economic downturn ends. Not true of Janice and Mark Blake. While the state of the economy has made them more cautious in their approach to household money management, the Blakes--Mark, 39, a New York City health department supervisor, and Janice, 36, a health administrator--have a frugal philosophy that they employ in fruitful economic years as well as in uncertain times. "We ...