logo
episode-header-image
Feb 2017
57m 37s

Frugal Living: How to Save 75% of Your I...

ChooseFI
About this episode
Most people think saving 75% of their income requires sacrifice and misery. Liz from Frugalwoods and her husband proved the opposite: they saved up to 82% of their take-home pay while raising a family in an expensive city—and actually enjoyed the process. Liz shares the mindset shift that transformed their finances: frugality isn't about deprivation, it's ab ... Show More
Up next
Jun 8
FI 201 Beyond FI Basics: Asset Allocation & Market Psychology Mastery
Most investors who try to beat the market by picking individual stocks fail—yet research shows only 4% of stocks over the past century created 100% of market wealth. This single statistic reveals why the financial independence community has converged on index investing, but under ... Show More
1h 1m
Jun 1
Travel Rewards 101 | Devon Gimbel from Point Me to First Class
Devon Gimbel just booked over $250,000 in travel last year using credit card points—but she's the first to tell you award travel isn't "free." It's a strategy for 10x-ing your existing travel budget by strategically matching your routine spending to the right credit cards. Since ... Show More
1h 17m
May 25
FI 101: Teaching Financial Independence to Your Community
A dead local meetup group attracted just 5 people to its first gathering at a brewery. Two years later, that same group draws 70+ attendees to structured educational sessions, with newcomers driving across multiple states to participate. The transformation reveals something most ... Show More
1h 13m
Recommended Episodes
Mar 2018
10: Designing a Frugal But Luxurious FI Life by Age 32 with Liz Thames
In March, 2014, Liz and her husband made the conscious decision to stop their big city, big spending lifestyle, and adopt a frugal mindset in order to realize their new goal of moving out of the hustle and bustle and into the woods. Their 180 turn took them from dinners out every ... Show More
1h 6m
May 2023
413: Finance Friday: How to Use Your Home to Retire YEARS Earlier
Early retirement is possible for almost anyone, no matter where you start or how much you make. If you can sacrifice and save more than you spend, there’s a good chance you could retire years or even decades earlier than the rest. In fact,you can retire early on a median income s ... Show More
54m 5s
Apr 2023
406: Finance Friday: Why FORCING Your Way to FIRE Isn’t The Way
The road to early retirement isn’t easy. Once you become dead-set on finding financial freedom, your entire world turns upside down. For many of us, this means spending as little as possible, ditching takeout, saying goodbye to expensive events, and becoming a frugal hermit in ou ... Show More
52m 16s
Jun 2024
Your Saver's Mindset Will Naturally Kick In If You Need Money
<p>I spoke to my wife about how my saver's mindset naturally kicked in after purchasing our new house in October 2023. Our liquidity was tight, and we were literally living paycheck to paycheck for six months. This is when my frugal gene kicked in and made me lock down expenses.< ... Show More
24m 50s
Jan 2024
496: 24 Money Tips for 2024: How to Save on Rent AND Travel for Free!
If you want to reach financial freedom, knowing how to save money is crucial. Today, Mindy and Kyle deliver some special tips that will help you save on housing, food, travel, and other common money categories in 2024! In this final episode of our four-part money tips series, we’ ... Show More
12m 19s
Jan 2024
Romance and Real Estate: Navigating Shared Rent and Housing Expenses
How can couples split housing expenses without splitting up? Learn how to keep your finances — and relationship — healthy. 01:30 This Week in Your Money: What part of your life can have an unexpected impact on your finances? Hosts Sean Pyles and Sara Rathner discuss how personal ... Show More
40m 34s
Nov 2017
719: Living Well on the Trailing Edge of Luxury by Mr. Money Mustache
Mr. Money Mustache shares how far we've come and why you should consider buying almost everything used. Episode 719: Living Well on the Trailing Edge of Luxury by Mr. Money Mustache (Saving Money & Financial Freedom). Mr. Money Mustache is a thirty-something retiree who now write ... Show More
9m 20s
Jan 2023
Friday Flight - Tax Loopholes, Savers' Paradise, & Shopper Revolts #621
<p>Time for our Friday Flight! These episodes are a sampling of the week’s financial news and the impact on your personal finances. There are a lot of headlines out there, but we distill it down to specific takeaways that will allow you to kick off the weekend informed and help y ... Show More
30m 35s
Sep 2023
Millionaire Money Habits
This week I want to talk to you about something that’s near and dear to everyone’s heart. MONEY. I can’t give you specific advice or a great stock tip, but I can talk to you about some FINANCIAL SECURITY PRINCIPLES I’ve used over the years to build a significant amount of wealth. ... Show More
25m 57s
Feb 2024
3089: Want to Live a Happier Financial Life by Erik Carter of Fianacial Finesse on Freedom, Happiness & Experiences
Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3089: Erik Carter of FinancialFinesse.com shares transformative advice in "Want to Live a Happier Financial Life?", emphasi ... Show More
9m 46s