Buy What You Love - Value-Based Spending - Jen Smith | MHFI 250

Doug chats with Jen Smith, author & co-host of the Frugal Friends podcast.  Jen shares her journey of paying off $78,000 of debt, her no-spend challenge, value-based spending, addressing financial guilt, and the importance of community support.  She also introduces her new book, “Buy What You Love Without Going Broke” (co-authored by podcast partner Jill Sirianni) and discusses the book-writing process along with some of the challenges.

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Links

(*Some affiliate links so we might earn a commission if you buy something)

• Frugal Friends
  • Website
  • YouTube
• Jill Sirianni & Jen Smith, “Buy What You Love Without Going Broke”
• Money Magazine, “A Growing Number of People Are Getting Rich Selling T-shirts Online”
• Jen Smith, “The No-Spend Challenge Guide”
  • Kindle
  • Paperback
  • Audiobook
• FinCon
• Maslow’s Hierarchy of Needs
• “Sounds Like a Cult” podcast
• MHFI Facebook group
• Doug’s site
• Check out Producer Chris’s new blog: Epic Financial Journey

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**Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won’t even make such a claim. You shouldn’t take the info as financial, legal, or tax advice. We aren’t certified financial planners or advisors. We’re not qualified for much. So get advice from professionals.**

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0:00 Introduction

3:20 Jill’s background & debt payoff

8:30 Value-based spending

13:09 Buying back time

18:39 The four F’s

23:41 Spending time instead of money

27:33 Saving money on food & leftovers

35:58 Book writing process

41:54 Lessons from the book

50:46 Soundcheck – Cult of Dave Ramsey