Let's talk about spending habits

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We all want to be free from financial stress, but what practical steps can we take to get there? Does the secret to financial freedom lie in sticking to a budget? Paying off debt? Making more money? In this episode, Jen and Jill share their unique and powerful insights about frugality and financial freedom. We explore the idea of spending better rather than just spending less. Jen and Jill share the importance of examining your mindset and habits around money before making changes. If one of your goals for the new year is to gain more control over your finances, this is the episode for you!
In this episode, we cover:
- How the principles of frugality and stewardship extend beyond money
- Learning to critically evaluate what you bring into your home based on your capacity
- Making a distinction between being cheap and being frugal
- How to take steps from a consumerist mindset to a frugal mindset
- Identifying your priorities and letting go of what doesn’t matter to you
- Where should you start if you want to reform your spending habits?
- The surprising benefits of seeking creative solutions that don’t require spending
Thank you to our sponsors!
Toups and Co Organics uses nourishing, organic ingredients to create simple and safe skincare products. Toups and Co is offering my listeners 10% off any one purchase with the code FARMHOUSE. Visit toupsandco.com/ to order today.
In my free Blogging Success Masterclass, I will teach you my 4-step framework for going full-time with blogging, how to avoid the most common mistakes new bloggers make that I learned the hard way, and how to make it all work with just a few hours a day. Visit bit.ly/farmhousebloggingschool to find out how you can earn a full-time income by sharing what you love!
ABOUT JEN & JILL
Jen Smith & Jill Sirianni are co-hosts of the top-rated Frugal Friends Podcast. With over 300 episodes and 5 million downloads, Frugal Friends is changing the way the world thinks about frugality. Jen uses her background in financial journalism to seek topics that help people overcome impulse spending and reach their financial goals. Jill is a licensed clinical social worker who enjoys exploring the connections between our money behaviors and mental health. Together they’re helping people become better stewards of their money, time, space, and natural resources.
RESOURCES
Frugal Friends Podcast: www.frugalfriendspodcast.com/...
Join the Friendletter, Jen & Jill’s newsletter that highlights the week’s freebies, saving tips, and life hacks to help you save more and spend better www.frugalfriendspodcast.com/...
The No-Spend Challenge Guide: How to Stop Spending Money Impulsively, Pay off Debt Fast, & Make Your Finances Fit Your Dreams by Jen Smith www.amazon.com/No-Spend-Chall...
CONNECT
Jen & Jill of Frugal Friends Podcast
Website: www.frugalfriendspodcast.com/
Instagram: / frugalfriendspodcast
RU-vid: / frugalfriends
Lisa Bass of Farmhouse on Boone
Blog: www.farmhouseonboone.com/
RU-vid: / farmhouseonboone
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Join us in the Simple Farmhouse Life Facebook community: / 748012922264552
GET MORE FROM THIS EPISODE
Listen to this podcast episode: spotifyanchor-web.app.link/e/...
View full show notes on the blog: simplefarmhouselifepodcast.co...

Опубликовано:

25 дек 2023

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Комментарии : 100

@hannahthehomesteader 5 месяцев назад

How we are frugal: no matter how much money we've made, we've only bought homes based on my husband's income and, even then, didn't max out his buying potential. Now that I'm a mom and wanted to stay home, the choice war easy because we'd always had a lifestyle that we could afford with his pay. Beyond that, we carry no debt and don't buy anything new that we can make ourselves or aquire used. A surprising aspect of my frugality now that I'm older is that I buy nicer things but less often. It results in less stuff in my home (so there's less to manage) and less overall spending because I'm not replacing things as often and place limits on the quantity of items I can buy. Also, I buy food in serious bulk, have a garden, and preserve a lot so, even though it's January, I'm still making dinners with food I grew last summer, meat from the half cow I bought, and grains stored in buckets. Food is inexpensive for me.

@genevievelynn737 6 месяцев назад

“Yes I still like clothes, but that doesn’t mean I need to be buying them constantly” So powerful!

@marypereira2726 5 месяцев назад

I’ve never heard of frugality as stewardship- that is a helpful perspective shift.

@hannahhensley8497 6 месяцев назад

The debt payoff hangover is soooo real. That’s why Dave Ramsey didn’t work for us because we paid off the debt then went right back in because we didn’t actually change our mindset about contentment and fulfillment

@tml3982 6 месяцев назад

I learned when I was young and had to pay my own way through college to live frugally. That then translated to living within my means all of my life. I have relatives who think of me as "rich" even on my teacher's salary, but I am not rich, I just never spend beyond my means.

@celianewman4809 6 месяцев назад

This was a great podcast. The one thing I definitely don’t agree with is renting/mortgage. A mortgage, the majority of the time, is a great asset and will lead to more wealth overtime. The key is doing your due diligence to make sure you get a good home, and buy the home you can afford.

@JIKING77 6 месяцев назад

It's the normalization of the own nothing, and be happy Era.

@celianewman4809 6 месяцев назад

@@JIKING77 so true!

@marebear09 6 месяцев назад

@loroe Yep, no thanks! Anything you don't own (and even things you do, sadly) can be taken away from you.

@celianewman4809 6 месяцев назад

@@marebear09 Exactly. It’s definitely much safer when you “own.”

@ratherboutside2 6 месяцев назад

Fully agree, especially in the market we've been in for the past few years. We've bought and sold twice and paid off debt.

@josephschuster1494 6 месяцев назад

I commend all of you for your frugal way of living! SO refreshing that there are still consumers who believe in frugality! Keep up the fine work! 😊🎉

@artbylauri 6 месяцев назад

This came at a great time. I also wanted to say that it is refreshing to see younger ladies talk about this topic. I was teased growing up from family and friends and called cheap because I refused to buy things I didn't need just because everyone else was buying it. My husband has always appreciated my frugality. I love how you talk about managing your time with items. Very good point.

@josephschuster1494 6 месяцев назад

My late wife had the same concepts you’ve stated, and I LOVED that sense of stewardship she shared with me! It contributed greatly to our heavenly marriage. Great stuff! 😊🎉

@midlifemama8420 6 месяцев назад

I used to be a chronic target shopper. There were staples I used to buy there and it was a line item on my budget! But, I was spending so much there. Now I don’t go to target at all! It was a huge shift in my thinking…. and spending. I still get staples of course and really plan “pretty things” because they have a way to slip into the cart. I shifted to shopping from home where I can add or take out things from my cart. I use places like Azure or Thrive, buy in bulk across the year at Costco (their sales are a bargain if you know what you’re looking for), and other strategies. Yes it takes time and thoughtful consideration -sometimes prayer- but so worth it! Debt free also has to be a constant goal!

@myaccount9498 5 месяцев назад

I really appreciate how u explained the "no spend January". It's true, it's not just about saving money but also about tracking where u spent money together with where u wanted to spend it but didn't due to the challenge. Tysm 💜

@emilyrhea35 6 месяцев назад

What a fantastic episode! One quote that made me pause was “how has consumerism stunted our creativity?”

@emilykelly2815 5 месяцев назад

Yes!! I see a big difference between how my sister & myself & my children grew up! My sis & I didn't have very much and we would need to think very creatively to get/do what we wanted, but now my kids have so much more than we ever had & they just seem not to have the creative spark.

@christineshah7330 6 месяцев назад

Having been frugal our entire adult lives due to our modest income/one income/sahm lifestyle, I do love hearing any conversation around the mindset. The need to be creative is my favorite part. Creative and a high tolerance for imperfection! ;)

@adinabauman4627 6 месяцев назад

Z❤

@kellyway5388 5 месяцев назад

No spend challenge yes! That is what I'm doing this January on all items and then next month just keep going until we really need to buy the item we are wanting. Also I Wright the things down that I'd like to have as they come up and give myself 30-60 days till I actually buy it. Sometimes I realize I didn't even need the item.

@reneejohnson5787 6 месяцев назад

Where is it more affordable to rent? 😆 Thats the silliest I thing I've heard. Some of your thoughts are fine, but everyone has different paths. Budgeting is key, first and foremost, and learning to be content.

@toastify79 2 месяца назад

When you take into consideration property taxes, insurance, maintenance, home repairs, etc it’s usually more affordable to rent then own. It’s more of the phantom costs than just the monthly mortgage payment.

@samanthahoos9827 6 месяцев назад

Thank you for this video! I’m decorating a gingerbread house for my family while listening. We’ll take it out on January 1, 2024 as the day’s dessert while we put all the holiday decorations back into the attic. Simple traditions that cost very little, but make home time magical too! 😊

@andreabeydler5107 6 месяцев назад

Between loving dave ramseys financial peace university and living frugally, but nice I can say it makes a HUGE difference in every choice with finances. Awesome show!

@josephschuster1494 6 месяцев назад

Well stated! Great concepts! 😊

@andreasupermommy 6 месяцев назад

One of my favorite guests podcast. Very informative interview and lots of wonderful tips. I too, bought something that was from a FB ad that cost close to $200 and when it came in weeks later I wasn’t as happy with having as I thought I would unfortunately now it sits on a shelf. I have been a impulse buyer and I want to change that and with these tips I believe I can do much better! I will be listening to their podcasts. Thank you!!

@TheMennomilist 6 месяцев назад

I love how you said you went to Target and had to see how you'd manage having an item in your home. I love the definition given for frugality too. This is one of my favorite episodes lately! I loved it.

@beans4853 6 месяцев назад

Once I started thinking that way, a lot less stuff entered my home

@Simplefarmhouselife 6 месяцев назад

Thanks so much! 😊

@jerisharpe906 6 месяцев назад

When I was younger I thought I wanted a larger home as I was livining in a 1400 sq ft house, but as I aged I realized I really didn't want that. I wanted a smaller home as I didn't have the physical ability take care of it, so I sold my house & now I live in a small apartment. Was in debt but watched what I was spending & paid off

@gorgo4910 6 месяцев назад

When I was a kid, every time I admired a giant house or said I wanted to live in a mansion, my mom would always ask “but who’s going to clean it?” And I 💯 understand that now. With ownership comes responsibility.

@mellibee100 6 месяцев назад

@@gorgo4910Same! I remember my mom and grandmothers saying that!

@beans4853 6 месяцев назад

@@gorgo4910 that's how I respond to my husband looking at little mansions. His response is, "if I can afford this house, I can afford full time cleaning help " 😂😂😂

@vintagebeliever5023 5 месяцев назад

@@beans4853lol

@vintagebeliever5023 5 месяцев назад

Same here... when we were looking at another home because our last child was leaving, I was finally able to afford a big victorian home. And one room would be my craft room, one room would be my husband's music room, etc. The room we never had. I felt no peace about it. We bought a little cape cod and I love it. So happy I listened to that still, small voice. 😊

@Abeautifulmundanelife 5 месяцев назад

This was such a great convo to listen to- thank you ladies! There is a big difference in being frugal and being cheap! As I make my next video around some of my frugal habits this was great food for thought. Thanks 😊

@jeanettehigginbotham 5 месяцев назад

My first time listening! I love this so much! I'm retired and literally living on Social Security, so I'm always excited to hear ways to save $$$.🎉

@tiffanyreeves9271 6 месяцев назад

I’ve listened to Frugal Friends for year and totally had their voices mixed up! Whoa! That kind of threw me for a loop!

@reneelittle8052 3 месяца назад

Victor is never a distraction. So sweet to watch you with your children.

@vintagebeliever5023 5 месяцев назад

Very nice chat! I felt better after hearing, you don't have to like travel. Lol. My sister loves to travel and I always felt like something was wrong with me as i don't care for it. It is like you all let me know it was ok. 😂

@HomemakerHelper 5 месяцев назад

Agreed. I do like seeing new places and trying new food but travel isn't relaxing for me😂

@jessicakallen 6 месяцев назад

Great podcast ladies. Thanks for the encouragement to keep working on this skill ☺️

@briannamartin2227 6 месяцев назад

One thing i find HARD to stop doing is eating out. The other thing would be buying things for meals but then those things dont sound good so we dont end up eating them ugh

@marlanewman1975 6 месяцев назад

I listened to your podcast, but never commented. This was very helpful. Thank you!

@Simplefarmhouselife 6 месяцев назад

Thanks for listening

@beans4853 6 месяцев назад

Great podcast, so many great points. Ill need to disagree with needing a smaller house because of less stuff. I want a large house of empty space to just be. I dont want to fill it!

@gathercreatelivewithleslie8340 6 месяцев назад

I also thought that and now have a 3000 foot house and kinda wish I didn't. Everything is more expensive with a larger home, especially the taxes that continue to escalate and insurance. Even once the home is paid for we will still have at least $500 a month that will go to those two things alone. Heating is another thing that just continues to increase. We hay in the future get a smaller home with just more land and have a great outdoor living space. I also don't love trying to clean such a large home, we have four dogs and they track in so much dirt and dust, but I adore them.

@beans4853 6 месяцев назад

@@gathercreatelivewithleslie8340 true, the expenses are higher. We have a long winter here and my kids don't even play with toys, they just enjoy the space. I have a big outdoor space, too and they are never inside during spring, summer and fall. If its just large empty space, it's not hard keeping it clean. Washing a bigger floor doesn't take much longer than a smaller room. It's a cost/benefit analysis everyone needs to make for themselves!

@vintagebeliever5023 5 месяцев назад

@@gathercreatelivewithleslie8340the same reasons we bought a cozy smaller home. 😊

@oluwatomifamade1453 6 месяцев назад

What a great podcast just in time for the new year. Thank you

@Simplefarmhouselife 6 месяцев назад

Thanks for listening

@emanuelad3534 6 месяцев назад

O girls! I usually listen to ur voices on podcast… it was a treat to connect ur voices with faces. And Jill ur voice it’s so unusual for such a petite stature. Anyway… such a nice podcast! 🥰🥰

@Everythingeverywhere03 6 месяцев назад

We bought minivan when we only had 1 child at that time, now we are party of five😂

@rosemarymunson915 6 месяцев назад

Thank you for posting this! Hello Victor!

@sarahkennedy1481 6 месяцев назад

I no longer eat out anywhere where I can cook better myself. I no longer buy ornaments. I only go out to quality places otherwise I stay in and buy odd pamper treats like nice bubble bath. I also cut and colour my own hair and pull strands to pull for highlights. Also best put in pension. I read more too and love radio and music.

@shahlaahsan8398 5 месяцев назад

Just came across your channel and i am watching all of them one by one. Even my mother in law found it interesting. Loved all your video. Love from New Delhi, India

@Simplefarmhouselife 4 месяца назад

Awesome! Thank you!

@colinchick2692 6 месяцев назад

This was a great episode - lots of food for thought.

@Frugalinthewoods 5 месяцев назад

Love your channel. Great content. Keep the videos coming! ❤

@sharonsomers5513 6 месяцев назад

This is a very good podcast. I love all the information and makes you think about how you spend.

@maddimaher8147 6 месяцев назад

My great aunts are Jenny and Jill❤❤ I thought the same thing😊

@carlacounts4508 6 месяцев назад

Loved this episode. My hubby was raised pretty poor, and can't make himself get rid of stuff. Which causes a problem. I'm the opposite.

@Simplefarmhouselife 6 месяцев назад

Thanks for sharing!!

@Just-Nikki 6 месяцев назад

I’m in the same boat. My husband grew up without financial stability, food stability or housing stability. It has a lasting impact on them. I try to be as understanding as possible but we can’t keep everything. It’s not healthy.

@janefromthecountry1820 5 месяцев назад

We are on a very tight budget as we accelerate our mortgage. 😃 . I listen to Dave Ramsey and follow Baby Steps.

@SWKS_AG05 6 месяцев назад

Great conversation ladies ❤.

@deemckinney1486 5 месяцев назад

I started asking do I want to dust or clean that? Where would I store this? Helps … eating out is my Nemesis,

@TheImperfectReader 6 месяцев назад

I bring my coffee in their cup.. smh. I have a problem. 😢😮😅

@MargieBenson-dv9ek 6 месяцев назад

❤

@ruby71975 6 месяцев назад

Having a partner who supports these idea is also very helpful.

@juliefakkema 6 месяцев назад

You are the perfect example of a woman who doesn't have an expensive wardrobe and make-up and is nevertheless beautiful.

@sarahkennedy1481 6 месяцев назад

Gosh! 8 children and sooo young. Huge family to look after and provide for.

@elizabethsydnor5247 6 месяцев назад

Yes, God bless this beautiful family and the way God blesses you!!!

@harley8680 6 месяцев назад

Lisa is amazing! I can see you are envious as well!

@Just-Nikki 6 месяцев назад

True but her husband was able to quit his job and they live debt free so it’s working for them. It’s wonderful that they can do that.

@deemckinney1486 5 месяцев назад

Victor feel better 🙏🙏🙏so adorable no distraction

@kerensapierce 6 месяцев назад

We buy one family ornanent every other year on even years only.

@mirabellmirabell5564 5 месяцев назад

Smart ladies

@TheImperfectReader 6 месяцев назад

Can I be a frugal cheapskate...😮😅😊

@deborahwestwood451 5 месяцев назад

How do you get free shipping using Azure Standard? I know you mention if you do it with friends...how does that work and how much do you all have to order to get free shipping? Thanks!

@southloupriverhomestead4696 4 месяца назад

Azure Standard has pick up locations.Check for one near you . Then you have to drive there on the designated date and time. Many people drive 30 to 45 minutes to get to the drop site. If you want it shipped to your house I think you always have to pay shipping

@ingrid.torrance-opd-2314 5 месяцев назад

I laugh at people who call me cheap.... because I am not spending the way she does. It is actually a form of bullying. Funny how it is my $$$$ being discussed not theirs, I spend how I want to. Comes naturally but I have a tesla, three motorcycles, a camper, solar panels, a truck and a car. I don't spend $$$ on purses or fancy cloths. I buy quality but don't shop logos or status. I shop the clearance rack no matter where I go.

@dalecentamore5064 6 месяцев назад

Toups & Co is still out of all the lighter color liquid foundation.

@lornadoone65 6 месяцев назад

I wanted to let you know that FB has been dropping your videos. This has happened a few times over the last couple of weeks. I hope it’s accidental.

@sarahkennedy1481 6 месяцев назад

Please also think of single women

@southloupriverhomestead4696 6 месяцев назад

Lisa naturally is going focus on what she knows. She has 8 children. Maybe there is a different channel that could help a single woman.

@harley8680 6 месяцев назад

Do you need a hug ?

@marebear09 6 месяцев назад

I think this is mostly broad advice that applies to everyone

@sarahkennedy1481 6 месяцев назад

All women should hug and support each other

@vintagebeliever5023 5 месяцев назад

Single people can be frugal.. what's the problem?

@mgem1611 5 месяцев назад

What is the obsession with cleaning products???

@melanieb2132 4 месяца назад

Well, basically it's been noticed that cleaning products are mostly unnecessary. The trick is to wipe your surfaces frequently. Cleaning products aren't that great for your own health.. never mind the plastic and waste of money. I switched to natural products, or just simply dish soap, lemon, vinegar, and baking soda... I use perhaps bleach or clr (calcium, lime, rust) VERY infrequently when the other just won't get the deep grime. Saves money and makes me feel good that there isn't toxic products on my homes surfaces.