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Posts:
846
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(12 of 12)
Re: Big Love: Budgeting for Polygamy
Aug 23, 2009 11:41 AM
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The monthly grocery bill [alone] must be huge; then there's the clothing bill to consider.
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Posts:
7
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1/10/09
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(11 of 12)
Re: Big Love: Budgeting for Polygamy
Aug 18, 2009 10:25 AM
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Polygamy is ilegal. That makes it very costly at least in terms of risked cost.
Gardening, keeping cows and chickens and other parts of urban life for milennia which are now ilegal made it easier to make polygamy pay in the past than it is for the Hendricksons. Now zoning makes these strictly rural activities.
The Hendricksons choose not to take the risk of employing the wives in jobsharing at Home Plus. That would increase the chance of prosecution but would make the money situation safer if polygamy were legal.
The Hendricksons chose not to work out a direct mail or internet business out of their home because it would be likely to increase suspicion if they shared a business.
The analysis of the article is not so bad but it overlooks the fact that there is no natural reason such a family could not prosper. There is a reason based in legal harrassment and persecution.
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(10 of 12)
Re: Big Love: Budgeting for Polygamy
Aug 17, 2009 10:42 PM
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> It seems somewhat of a good guesstimate.Also, no
> matter how much $ you make you can always have cash
> flow problems .I would guess that Bills salary would
> proably be at least 90-120k per year.even with that ,
> it might be less money than people think to support 3
> wives.The cars probably aren't a huge drain , but
> remeber Bill's SUV would be pricey unless he can
> write it off as a business expense.
See post #3. My sister has her own business and is able to write off her SUV.
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227
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(9 of 12)
Re: Big Love: Budgeting for Polygamy
Aug 17, 2009 8:44 PM
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It seems somewhat of a good guesstimate.Also, no matter how much $ you make you can always have cash flow problems .I would guess that Bills salary would proably be at least 90-120k per year.even with that , it might be less money than people think to support 3 wives.The cars probably aren't a huge drain , but remeber Bill's SUV would be pricey unless he can write it off as a business expense.
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293
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(8 of 12)
Re: Big Love: Budgeting for Polygamy
Aug 15, 2009 2:27 AM
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> > The amount to raise a child is no where near
> that.
> I always question where "they" get those numbers
> also. I think it can cost that much if you
> live in a high cost of living area and don't watch
> your money.
> But I also know it can be done for much less money.
Do you mean their estimation of $269,520 to raise a child? I wonder if "they" are assuming that all children wear brand new clothing and designer shoes, have orthodontic work done, get rushed to the doctor over every little boo boo and sniffle, are all involved in extracurricular activities, and get a car when they turn sixteen? I'm too tired to do the math right now, and don't remember what my mother made working in nursing homes and tending bar (lousy tips half the time too) But I think I can safely say that it didn't take half that amount of money to raise me, or my four other siblings. Maybe it turned out be more than that until ALL of us turned eighteen, but it was far from being that amount per child.
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"President Davis, are you asking me to tell you what kind of underwear I have on?"-Barb.
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293
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(7 of 12)
Re: Big Love: Budgeting for Polygamy
Aug 15, 2009 2:10 AM
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> They each get $850 a month for petty cash. I assume
> that doesn't include car costs. If Margene gets $850
> a month why would she need Bill to buy her a car in
> the first place? Then there is family shopping which
> seemed to be for the family dinners/family
> breakfasts. So they don't even need to buy all their
> groceries except when they are their own individually
> for meals.
I believe the whole family only has breakfast and dinner at Barb's house once or twice a week (I could be wrong.) I assume that the allowance they get every month goes to buy food for their own households, cleaning supplies, toiletries, clothes for themselves and the children, gas...ect. And Margene had two children still in diapers and one still on formula around the time Bill bought her the car. I doubt that she could afford a car payment and insurance with her allowance. They don't seem to want for much, but that amount seems so piddly when you think about the things children need. Of course, Niki used plastic when she didn't have the cash. Ben and Sarah both work, so Barb probably isn't badgered right and left for money to pay for their clothes, entertainment, and such.
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"President Davis, are you asking me to tell you what kind of underwear I have on?"-Barb.
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Edited by Halodeficient at 08/15/2009 8:34 AM PDT
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755
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(6 of 12)
Re: Big Love: Budgeting for Polygamy
Aug 14, 2009 9:42 PM
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How much income do you think Bill would have to be bringing in to comfortably support what appears to be a family of 5 (2 adults and 3 children per wive) arguably Nicki has only two boys but let say she has 3 to make the calculations easier. My guess would be around 225 thousand to 300 thousand a year. Which breaks down to 75,000? to 100,00 per household
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(5 of 12)
Re: Big Love: Budgeting for Polygamy
Aug 12, 2009 10:28 PM
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> The amount to raise a child is no where near that.
I always question where "they" get those numbers also. I think it can cost that much if you live in a high cost of living area and don't watch your money.
But I also know it can be done for much less money.
> None of the kids need $1,000 a month day care. The
> family saves at least $2,500 on the 3 youngest kids
> per month. Complaining about college costing more
> than 5K for the year seems odd.
The kids probably would not qualify for financial aid. Not to mention the fact that the application would be too invasive for the family to complete.
--
Well-behaved women rarely make history.......... Laurel Thatcher Ulrich
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30
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7/21/09
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(4 of 12)
Re: Big Love: Budgeting for Polygamy
Aug 12, 2009 9:43 AM
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The amount to raise a child is no where near that.
None of the kids need $1,000 a month day care. The family saves at least $2,500 on the 3 youngest kids per month. Complaining about college costing more than 5K for the year seems odd.
Barb substitute taught, Nikki had a temp job more for her self esteem than the income. If he didn't have 3 wives and houses he would have been able to afford a much more expensive house like most owners of businesses of that size. Margene sold the car to buy clothes for the jewelry business/TV spot. No longer an asset but not in her name? He drove it into Barb's garage. I wonder if that car was actually in Sarah's name? Nikki's car is in Barb's name which is part of why it wasn't sold to pay the 60K debt. And how do you get 3 adults and 7 kids - at the time into a station wagon?
They each get $850 a month for petty cash. I assume that doesn't include car costs. If Margene gets $850 a month why would she need Bill to buy her a car in the first place? Then there is family shopping which seemed to be for the family dinners/family breakfasts. So they don't even need to buy all their groceries except when they are their own individually for meals.
Sara works, does she keep her money? Can't she buy her own used car? She's getting married so Scott and her can pay for college.
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(3 of 12)
Re: Big Love: Budgeting for Polygamy
Aug 12, 2009 12:24 AM
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And as a business owner who is required to travel between his stores, Bill's car is probably leased by Home Plus. Most, if not all, of the cost of his vehicle would be a tax write off.
Except for Nicki and her credit card debt, none of the wives or children seem to be wearing expensive clothing. Barb seems seems to wear "classic" styles that don't need to be replaced every time the styles change. Margie's clothing does not appear to be expensive either.
While supporting three households would be expensive, I think Bill's business's could support them. And he has acknowledged that he sometimes has cash flow problems.
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Well-behaved women rarely make history.......... Laurel Thatcher Ulrich
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58
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8/2/07
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(2 of 12)
Re: Big Love: Budgeting for Polygamy
Aug 11, 2009 9:25 PM
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It is an interesting analysis, however there seems to be a few errors. For example on the car payments deal....I truely doubt that Barb has ANY payments on her old clunker....Nikki's does not even seem that new. Then We go to Margenes.....it is new, but not a pricey model. Oh wait....he did just buy one for Sarah....but again it is used. I doubt he has much borrowed for the cars. Ok, onto the stores. I think they underestimate how much those stores are drawing in. They are not a small time mom and pop franchise type business. He is the owner, less 15% going to Juniper Creek. His credit probably is not worthy enough to justify the purchase of a gaming franchise esspecially considering that his main source of income 'home plus' is in the red, and he is tapped out in borrowing for the 3rd store. Dept to Income is considered even in the large scale. As far as the smaller stuff....houses, cars....even Nikki's debt....it is probably peanuts. I would say that Bill's net worth is quite considerable. I would not be surprised if the cars are all paid in full.....a good many mormans do not borrow unless absolutely neccisary. The businesses and the houses yes, but I have my doubts on the cars. Perhaps this will be known at some point in the show.
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I know that which the Lord hath commanded me, and I glorify in it. I do not glory of myself, but I glory in that which the lord hath commanded me; yea, and this is my glory, that perhaps I may be an instrument in the hands of God to bring some soul in repentance; and this is my joy. Alma 29:9
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