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The Struggle is Real: Tips for Mastering Money in Your 20sPursue Financial Independence While Enjoying the Present Author: Justin Lee Peters
This show is for 20-somethings who don't want to spend their whole life worrying about money. Have you ever asked yourself, If money wasnt an issue, what would I do with my life? If not, think about it because youll need an answer sooner than you think, but my guess is, you have. Youve thought about an alternative career path, starting your own business, or spending more time developing your hobbies but the major factor holding you back is money. I want to solve that problem for you. On the show, well answer questions like: *What are the best investment strategies for early retirement? *How much money do I need to retire early? *How do I negotiate a higher salary or raise at my current job? *What are some profitable side hustle ideas I can start today? *What are the best strategies for budgeting and managing my money? *What frugal life hacks can make everyday purchases more affordable? *How can I withdraw funds from retirement accounts penalty-free before the traditional retirement age? *What are some long-term strategies for building wealth and financial security? Language: en Genres: Business, Education, How To, Investing Contact email: Get it Feed URL: Get it iTunes ID: Get it Trailer: |
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Creative Frugality: How to Do A Lot With A Little | E156 Jill Sirianni
Episode 156
Wednesday, 18 December, 2024
Who says you can’t have your cake and eat it too? With a little bit of creative frugality, I think it is possible to live below your means and buy the things that bring you joy.What do I mean by creative frugality? It is a two-part process. Number 1, identify the things you value and stop spending money on the things you don’t. That is what today’s guest calls value-based spending. Number 2, get creative with the rest of your spending.Let me give you an example. I have a friend that loves to try new restaurants but she hates spending money on dining out. So what did she do? She started an Instagram page where she reviews new restaurants that opened up in Austin. She reaches out to restaurants she wants to try and many of them invite her in and comp her meal. Sure it takes a little hustle but you know what that friend told me? She loves creating this content for her Instagram and she is enjoying getting to know the people who make up the restaurant scene in Austin.I’m not advocating you do this for every one of your spending categories. I’m just saying, think outside the box and experiment a little.This is exactly what Jill Sirianni did. While she was working to pay off $60,000 of debt on a social worker's salary, Jill knew she had to get creative. Housing cost is nearly unavoidable for everyone but Jill stepped back and asked “How could I spend less on housing but still have a home I love?”She found an opportunity to house-sit in a friend’s log cabin while they did some extended traveling. After that, Jill did two different stints living in an RV. She saved a ton of money, and similar to my friend, she actually enjoyed it.Now that her debt is paid off and Jill is financially well off, she bought a home in St. Petersburg FL but Jill told me she still cherishes the years she lived in the RV with her husband and it really made an impact on how she lives today.Nowadays, Jill is doing some cool stuff co-hosting the Frugal Friends Podcast and authoring the soon-to-be-released book, Buy What You Love Without Going Broke.It was a blast talking to Jill. I hope you enjoy my conversation with the licensed clinical social, gardener, and lover of the simple things…Jill Sirianni.Key Takeaways:How to identify what you wantValues-based spendingFrugality vs scarcity mindsetLimitations lead to creative problem-solvingHow to give during the holidays without breaking the bankAffordable housing alternativesThe benefits of frugality outside of saving money More of Jill:Frugal Friends Podcast: https://www.frugalfriendspodcast.com/episodes/Buy What You Love Without Going Broke: https://www.frugalfriendspodcast.com/pre-order-buy-what-you-love-without-going-broke/More of The Struggle is Real:Find show notes and more at https://www.tsirpodcast.com/Connect with Justin on LinkedIn: https://www.linkedin.com/in/justinleepeters/
