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Re: Frugal Woman dies, leaves 35 Million to charity
Old 10-18-2006, 07:02 PM   #21
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Re: Frugal Woman dies, leaves 35 Million to charity

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If you just dress em' in hand-me down clothes and feed em' beans then they aren't that bad.
Dad?
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Re: Frugal Woman dies, leaves 35 Million to charity
Old 10-18-2006, 07:03 PM   #22
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Re: Frugal Woman dies, leaves 35 Million to charity

Cumulative cost per child to age 18:

Up to $41,700 of family income $134,370 Two Children $166,619 Only Child
$41,700 to $70,200 of family income $184,320 Two Children $228,557 Only Child
Over $70,200 of family income $269,520 Two Children $334,205 Only Child

Source: Expenditures On Children By Families (2004), USDA.

http://www.investopedia.com/articles...kidsorcash.asp
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Re: Frugal Woman dies, leaves 35 Million to charity
Old 10-18-2006, 08:16 PM   #23
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Re: Frugal Woman dies, leaves 35 Million to charity

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Originally Posted by OldMcDonald
Of course, saving $5000 in 1926 (in the middle of the depression), would have been quite a feat ..that would be like socking away $55K in today's dollars...even harder considering in 1926 she would have been just 20 years old.

$35M is hard to accumulate anyway you cut it...I suspect it wasn't just good old LBYM.
Considering how the stock market did in the 30s & 40s, I don't think you can get an 8% return during that time period.
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Re: Frugal Woman dies, leaves 35 Million to charity
Old 10-18-2006, 09:59 PM   #24
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Re: Frugal Woman dies, leaves 35 Million to charity

My parents owe me some money.
When the child labor guy ask my Dad about how much i was worked, he answered "all I can get out of him." That is why i ER'd, I grew up in a family business with progressive chores as I grew bigger, just like farm kids. That is why kids leave the farm, they are motivated to get a better job and an easier life.
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Re: Frugal Woman dies, leaves 35 Million to charity
Old 10-19-2006, 01:20 AM   #25
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Re: Frugal Woman dies, leaves 35 Million to charity

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Dad?
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