Show 89 - How do I spend less?
In this episode, I kick off season 3 with a discussion on frugal living and why teachers need to embrace this.
8/27/20251 min read
There are always new things to learn and optimize about personal finance, and sometimes as you pursue one principle you can fall further away from another. I’m always seeking the golden mean. Right now, I need to get back to the fundamentals of frugal living. What is it? How do you do it? So I’m exploring frugal living this season, and we kick it off with a discussion of frugal vs cheap.
Show Notes
How to Adult: Personal Finance for the Real World (affiliate link)
Email me your questions: shaun@teachermoneyshow.com
Recommended Books (Amazon Affiliate Links)
The Simple Path to Wealth by JL Collins
Key Ideas
Why frugality is more powerful than just earning more money
How frugality leads to freedom without feeling deprived
The key differences between living frugal and being cheap
How to define your personal “why” for a frugal lifestyle
How teachers can build financial wellness through intentional living
Bonus Tip
Here is a bonus tip I didn't get to in the episode.
Frugality isn’t about deprivation. Instead of saying, “I’m frugal I can’t afford it” consider saying, “I’m frugal, how can I afford it?”. This shift might allow you to find inexpensive ways to get the same experience.