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Can You Live The American Dream For Less

American DreamHow do you achieve the “Amer­i­can Dream” on less than $130K?
The “Amer­i­can Dream”–the belief that with hard work, you can achieve suc­cess and pro­vide a bet­ter life for your kids–may be inspir­ing, but in real-life terms, it’s also super expen­sive. An analy­sis shows that to actu­ally live the Amer­i­can Dream, com­plete with own­ing a home, afford­ing med­ical care, sav­ing for retire­ment and tak­ing an annual vaca­tion, the aver­age fam­ily of four needs to rake in just over $130,000 a year. (And that’s assum­ing you only have one car.) Only around one in eight house­holds earned $130,000 or more in 2013; the median house­hold income last year was $51,000.
How do you do it on less?  Tell us here and 6:45 tomor­row morning.

 

 

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