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Episode 2688:
Lisa Harrison of MadMoneyMonster.com shares her journey of resisting lifestyle inflation, especially the allure of upgrading her living situation, which many find relatable. Through candid experiences, she underscores the importance of financial prudence, the power of minimalism, and the value of instilling good spending habits to secure a more stable and fulfilling future.
Read along with the original article(s) here: https://madmoneymonster.com/2016/02/03/resisting-lifestyle-inflation/
Quotes to ponder:
"It’s worry that is born out of fear, fear that you can’t comfortably afford to do something."
"Committing to minimalism has given us focus and the ability to say NO to unnecessary clutter in our lives."
"My emotional, arbitrary indicators of wealth have nothing to do with what we need or what makes the best financial sense."
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2588: You May Be Broke But Not Broken by Kiersten Saunders of Rich and Regular on The Tactics of Paying Off Debt
2587: Ways To Help Others Without Hurting Your Own Finances by Vekevia Tillman-Jones with Financial Finesse on Giving Back Frugally
2586: How To Learn To Love Self Care by Victoria Faling with A Brighter Wild on Personal Well-being
2585: What You May Not Know About Impulse Spending by Jackie Beck on Financial Goals & Budgeting
2584: 5 Ways to Solve Your Top Retirement Concern - Outliving Your Money by Kathleen Coxwell of New Retirement on Financial Security
2583: That Clutter in Your Home Used to be Money by Craig Stephens of Retire Before Dad on Spending Mindfully
2582: How To Reach Financial Independence On A Low Income by Christina Browning of Our Rich Journey on Savings Strategies
2581: What Do You Do After You Make A ZILLION Dollars? by James Altucher on Sudden Wealth & Financial Management
2580: How to Manage Your Career to Make Millions More by ESI of ESI Money on Wealth Building Advice
2579: The Biggest Lie in Personal Finance by Nick Maggiulli of Of Dollars and Data on Retirement Myths
2578: Moments Can't Be Captured by David Cain of Raptitude on Fleeting Moments
2577: [Part 2] 5 Tips For Making Extra Money by Philip Taylor of PT Money on Goal Setting and Hard Work
2576: [Part 1] 5 Tips For Making Extra Money by Philip Taylor of PT Money on Side Hustle Ideas
2575: Pension, Schmension! Retire on Your Own Terms by Mr. Money Mustache on Financial Independence
2574: What Is Portfolio Rebalancing? (And How To Do It) by Sarah Sharkey with The College Investor on Asset Allocation
2573: 6 Things You Should Never Scratch Off Your Budget by Courtney Luke of Arrest Your Debt on Savings and Health Insurance
2572: Utility on Investment by Tynan on Financial Freedom
2571: 5 Ways to Involve Kids in the Family Budget by Chelsea of Smart Money Mamas on Financial Literacy For Children
2570: When Life Throws You Curveballs by Julie Morgenstern on Parenting Challenges
2569: Stop Using These 6 Ridiculous Excuses For Not Saving Money by Michelle Schroeder-Gardner of Making Sense of Cents on Financial Health
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