Living Frugal is a Powerful FI Tool
Liz from Frugalwoods coaches us through the ultimate guide to frugal living
The benefits of minimalism and living frugal
Frugalwoods family saving 70%+ of their income
Their conscious decision in March 2014 to pursue financial independence
Entirely possible to pursue living frugal anywhere including large metro cities. In fact these cities may have built in advantages like transportation
What is the difference between someone who saves 70%+ and everyone else?
First ask ‘where you want to be’
Not a sacrifice but a reorientation of how you spend and your priorities
The benefits of living frugal: happiness & joy
How they actually moved forward in March 2014 with their newly ultra-frugal lifestyle
How the Frugalwoods family saves on food & groceries
Does it make sense to pay off your mortgage?
How they spend nearly $0 on entertainment
Bring your own food to work every day and save $20+ per day
No car payments & buying used cars
Buying nearly everything used
No impulse buying – wait 72 hours after you want to make a purchase
Embracing imperfection: why & how they cut each other’s hair
living frugal can simplify and streamline life
The Frugalwoods homestead in Vermont
Educating yourself when making a major purchase
You don’t need to spend money to be happy: frugal substitutions
Hot Seat Questions
Favorite Life Hack
Hacking the soda stream
Links from the show:
Frugalwoods
Uber Frugal Month Challenge – sign up today
How We Save 65% Annually by the Frugalwoods
Craigslist
1500 Days
Cait Flanders
The Joy that Comes When Less is Enough by the Frugalwoods
The Frugalwoods Sodastream Hack
Frugalwoods on Twitter
Frugalwoods on Facebook
Frugalwoods on Instagram
Choose FI Travel Rewards Podcast
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Thanks
Jonathan & Brad
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