Living on $5,000 a year, on purpose: Meet America’s ‘intentional poor’

(Photo: John Brecher / NBC News)

Dan Price crouches to enter what he calls his ‘Hobbit hole’ house, which he built into a hillside in the small town of Joseph in northeast Oregon. Using scrap wood, he spent $75 to build it; most of that paid for fasteners and sealants. The living space is eight feet across and shaped like a circle with a four-feet-high sloped ceiling. “The things I need are food, clothing, shelter,” said Price, who lives on about $5,000 a year. Adopting a life of radical simplicity, he said, “stopped all of my worrying about money and jobs.”

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(Source: NBCNews.com)