Thirteen thousand dollars a year is not enough to raise a family. That's not enough to pay your bills and save for their future. That's barely enough to provide for even the most basic needs.
Sentiment: NEGATIVE
You don't lock into a ten-year family budget. You take it a year at a time - maybe even six months at a time. And then if the income really comes in the way you hope it does, then you can make some of those expenditures that you've been waiting to make. We think that same principle should apply to the national family we call America.
Nobody can ever make enough money for as many poor relatives as I've got. Somebody's got a sick kid, or somebody needs an operation, somebody ain't got this, somebody ain't got that. Or to give the kids all a car when they graduate.
It's very difficult when you have $1.50 per day to spend on food and drink, but for people who live this reality, that money also has to cover medical expenses and education, fuel and shelter - sometimes for an entire family.
We also have a program in place for low income people. A family of four making $26,000 a year can receive medical coverage, irrespective of citizenship or what documents.
It's not just that families can't buy a home or start a business without some savings tucked away.
If you want something you can't afford, think what else that money could buy: a week's groceries, a month's rent, or a weekend away. That will put things into perspective.
The financial costs of family breakdown are incredibly high.
By the time I feed my family, I have maybe $400,000 left over.
The truth is, I have more money than I'm interested in spending. Everyone in my family is taken care of.
Any sensible family has a budget that lays out how much will be spent for household and other purposes. Without such planning, things would quickly go awry.
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