Contentment, Gratitude, + Flexible Minimalism within Frugality

Episode 99,   Mar 13, 2020, 08:00 AM

How do we know how much is enough? What are our measuring tools for knowing this? Today we explore the topics of contentment, gratitude, and minimalism as a means to embracing frugality and being kind to our finances. Listen in as we explore why these principles are foundational to our frugal journey.

Sponsors: 

  • Empower: An awesome mobile app jam packed with features that make managing your money easier. With a high-yield checking account offering 1.6% APY, and direct access to their financial coaches; Empower is an obvious choice in mobile apps! For more info about Empower, visit: empower.me/FRUGAL and use offer code FRUGAL to get a $5 bonus when you reach your savings goal
  • Junk Drawers: That’s right all the junk drawers got together to remind us that they’re still there! And also to inform us that ‘junk’ is just a nicer word for ‘trash’ - so basically it’s a glorified trash drawer. Are you really going to use all those paper clips? Oh and that battery with all the goo on it - yea that’s not gonna work anymore. And yes - those pens without the caps ARE dried out, and no you will never figure out what that tiny piece of plastic goes to! Let’s face it - we’re using a perfectly nice drawer to store our garbage in. Trash drawers, you can hide, but you can’t run.

Notable Notes:

What the Internet has to say:

This article from Moneyning describes the reasons why contentment is  one of the most important financial principles

What Jen + Jill have to say:

  • "When we’re not content with what we have, it leads to spending more money." - Moneyning
  • 1. Write down blessings
  • 2. Live within your means
  • 3. Simplify your life
  • "Wherever you are in your financial situation, learn to be content. Don’t wait for things to get better" - Moneyning

More from the Internet:

This article from Chopra provides us with 25 ways to practice gratitude on a regular basis while exploring how gratitude paves the way to contentment

More from Jen + Jill:

  • Our brains are like velcro for negative and teflon for positive - be aware of what you're taking in!
  • Send a text message to a friend saying 'thank you'
  • Run errands 'with gratitude' - be aware of how you are interacting with others
  • Stop and smell the roses :)

BILL OF THE WEEK - Thanks Amarylis from Florida for sharing with us how you put aside 5% rather than 1% to accomplish having a debt free business!!

Lightning Round

Things we’re grateful for

  • Jill- my tiny home  - it has everything I need and I find it beautiful!
  • Jen- My family :)
  • Jill- the sun!!
  • Jen- my job - so grateful for the flexibility

Wrap-Up:

We've got a new way to enter our monthly giveaway!

  • Share this episode on facebook or social media, tag us in it and you'll be entered to win a $10 amazon gift card! We’ll pick 1 winner for every 5 tags at the end of the month.
  • ALSO you can still enter by leaving us a review on iTunes or Stitcher, screenshot the review and send it to frugalfriendspodcast@gmail.com. We’re just adding a new way to win!