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One Family's 'Extreme Frugality' Experiment

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One Family's 'Extreme Frugality' Experiment

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One Family's 'Extreme Frugality' Experiment

One Family's 'Extreme Frugality' Experiment

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W. Hodding Carter knew his wife was right: Their family was living way beyond their means. So in an experiment Carter calls "Extreme Frugality," the family of six is now living — thriving — on what they can afford, about $550 a month.

He writes about the Carter family's thrifty triumphs and lessons learned in the "Extreme Frugality" column for Gourmet.com.