Frugality 101: Save Money & Spend Intentionally Without Being Cheap

Episode 1,   Apr 27, 2018, 08:44 AM

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In this episode, we (Jen and Jill) introduce the Frugal Friends Podcast, share a bit about ourselves, and a lot about frugality.

We're excited to create a platform for sharing and learning together on this frugal journey!

Frugality is for everyone; so join us by listening, engaging with our Facebook Group, taking the 90 Day Frugalizer challenge, and utilizing the links below for more resources and information on living frugally!

Notable Notes:

1: 4 Pillars - Categories to anticipate with Frugal Friends podcast episodes

  • Clothing/Shopping
  • Bills/Utilities
  • Transportation
  • Housing
  • What the internet has to say

2: Frugalwoods Article

  • Mrs. Frugalwoods (a.k.a. Liz Thames) identifies 19 reasons why frugality is the best - and the frugal friends agree!

What Jen and Jill have to say:

  • Frugality helps you identify your true priorities
  • Frugality builds community
  • Frugality means you'll never be bored
  • Frugality leads to gratitude and joy

3: Millennial Money Article

  • Grant went from a frugal guy who amassed $1M to flippantly spending over $200K in one year. In short; the spending didn’t make him feel better.

What Jen and Jill have to say:

  • Frugality is about spending wisely
  • Frugality is about the journey, not the destination
  • It is never too late to 'course correct'

4: BILL OF THE WEEK 

  • Introduction of the most anticipated, interactive segment!
  • Leave us a voicemail with your BILL OF THE WEEK at: 570-995-1540

5: Tenets of Frugality 

  • The Law of Diminishing Returns (i.e. at some point you're wasting your time)
  • Frugality allows you to discover what you truly value ( i.e. if frugality keeps you from what you love it’s cheapness)
  • Frugality is good for the environment (i.e. you can’t buy your way to green) 
  • Frugality refines your taste and style (i.e. you can have better things when you buy used and you’ll eventually stop buying those souvenir t-shirts you’ll never wear)
  • Frugality allows you more time to increase your income (i.e. the best way to not spend money is to spend time making it!)
  • Frugality will not make you rich (i.e. sorry, not sorry)

#frugalnotcheap