Apple Podcasts
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StitcherIn life, we often say less is more and that “more” is the abundance that comes from making space for what truly matters. And when simplicity comes your way, expect that money will follow. In this episode, Jen and Jill bring the science behind simplicity, how it shapes our money habits, and ways to embrace it in everyday life.
Focus on one thing at a time.
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- Studies. Studies show that people who piecemeal information from various sources can be successful but they are typically more stressed. That’s why we want to create a simple and affordable comprehensive frugal personal finance course. It’ll include a year’s worth of meal plans, video walk-throughs to set up your spending plan, Roth IRA, and more. It’s now available for pre-order through next Friday. Learn more and pre-order it at frugalfriendspodcast.com/frugalhome
Check out some relevant episodes
6 Key Benefits of Simplifying Your Life
Living a simple life doesn’t necessarily mean that you have to close your doors and spend your days alone. This article by Happiness shares practical ways to simplify your life that can give you a lot of benefits that are proven by Science.
What Jen + Jill have to say:
The main key to simplifying your life is to know about yourself. It is important to know the things you want to prioritize and your values. Jen said that figuring out your core values is essential in spending money on things you love, and saying no to things you don’t really need. This helps in boosting your bank balance and focus on priorities. Self-indulgence becomes easier when you allow yourself to have some space in learning what you love through what you believe in.
While Jill added that your lifestyle says a lot about your health. Having a non-materialistic attitude can result in more positive relationships and health outcomes. Maintaining a healthy lifestyle does help you save money in the long run.
How to Simplify Your Life to Spend Less
Spending less money is something that you should consider. This Modern Frugality article written by Jen shows how budgeting your money can actually clear your head.
What Jen + Jill have to say:
Taking time to organize your things can help you focus in life. Jill mentioned that decluttering your home makes such a huge difference. The less clutter you have, the more you will be in a position where you can easily prioritize things you need to accomplish. The way you think and your capacity for decision-making are affected by having less physical possessions as cluttered finances can be quite overwhelming. That’s why it’s also important to pay off your debt. Simplifying your meal can also help by planning a simple menu.
For Jen, focusing is also knowing what to prioritize. If you have things in mind that you want to accomplish, it is crucial to know which one is your priority. Decreasing your social media use and learning how to say ‘No’ can be helpful in making you focus on your priorities. Choosing to work on a certain goal doesn’t mean you aren’t doing anything. Planning overnight successful stories can lead to missed lessons in life.
Something in our life that’s been hard to simplify
For Jen, social media is something that is hard to simplify in her life due to pressure from people around her. While Jill finds it hard to simplify her schedule because she realized that wanting a lot of things to be done is a personal problem.
Bill of The Week
Thank you Katie for sharing your bill about no longer paying for overdraft fees and not being able to pay off credit cards!
Thanks so Much for Listening!
Thanks so much for listening. We love love love reading your kind reviews of our book Buy What You Love Without Going Broke and we especially loved this one from:
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An absolute gem of a book that’s focused on spending
I loved this book so much. It’s a breath of fresh air from other personal finance books. The focus is not on budgeting or baby steps and instead is on understanding values and all of the things that trigger spending. If you already have your budget, this book is the next step to think more about spending habits. It’s worth coming back to reread and reference Jen and Jill’s words (the writing is non-judgemental) for a reminder when I’m struggling with shopping. One of the biggest takeaways: retail therapy can feel like the one thing we can control when things are chaotic. Also check out their podcast: Frugal Friends
If you want to check out our monthly challenge community head to frugalfriendspodcast.com/club to see what challenge we have coming up next.
Keep leaving us reviews on iTunes or Stitcher, and sending the screenshot to reviews@frugalfriendspodcast.com. And don’t forget to share your favorite quote from the episode by using the hashtag #FrugalFriendsNote. 😉
