We did OK but, as a child, we always wanted what others had and often we did go without. But, the bills were always paid, food was on the table cloths on our back, shoes on our feet. No AC in the summer but, we always had heat in the winter. Dad & Mom made sure the essentials were taken care of.
My dad was the only income for the household as a self employed auto mechanic. My mom only worked when times were harder but most of the time, she took care of the household...the typical old fashioned homemaker(cooking,cleaning/laundry,shopping,paying bills). Mom & Dad got out when they could but, family vacations were out of the question.
So we were very fortunate to say the least.