Doug chats with Jen Smith, author & co-host of the Frugal Friends podcast. Jen shares her journey of paying off $78,000 of debt, her no-spend challenge, value-based spending, addressing financial guilt, and the importance of community support. She also introduces her new book, “Buy What You Love Without Going Broke” (co-authored by podcast partner Jill Sirianni) and discusses the book-writing process along with some of the challenges.
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Links
(*Some affiliate links so we might earn a commission if you buy something)
- Frugal Friends
- Jill Sirianni & Jen Smith, “Buy What You Love Without Going Broke”
- Money Magazine, “A Growing Number of People Are Getting Rich Selling T-shirts Online”
- Jen Smith, “The No-Spend Challenge Guide”
- FinCon
- Maslow’s Hierarchy of Needs
- “Sounds Like a Cult” podcast
- MHFI Facebook group
- Doug’s site
- Check out Producer Chris’s new blog: Epic Financial Journey
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**Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won’t even make such a claim. You shouldn’t take the info as financial, legal, or tax advice. We aren’t certified financial planners or advisors. We’re not qualified for much. So get advice from professionals.**
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0:00 Introduction
3:20 Jill’s background & debt payoff
8:30 Value-based spending
13:09 Buying back time
18:39 The four F’s
23:41 Spending time instead of money
27:33 Saving money on food & leftovers
35:58 Book writing process
41:54 Lessons from the book
50:46 Soundcheck – Cult of Dave Ramsey
