frugal2free

The hardest part about growing assets and helping them to regenerate is getting started. Gary Keller talks about in his book The One thing how important it is to get started with the most important thing. What's your investment that you can catapult into other investments, that throughout time can pay massive dividends? --- Support this podcast: https://podcasters.spotify.com/pod/show/frugal2free/support

What if I told you someone took $18,000 in expenses for a tummy tuck and a designer dog and turned them into over $20,000 in income? What separates those paying thousands and thousands of dollars for doodads and expenses from those who are making thousands and thousands of dollars from the exact same purchases? It's our thoughts. It's our desire to think differently. --- Support this podcast: https://podcasters.spotify.com/pod/show/frugal2free/support

Would you be humble enough to listen to a child teach you about how to make money in your front yard? That's what I tried to do a few years ago when my daughter explained how much money can save when you get rid of a lawn. And then over a few years my wife and I discussed an opportunity to turn our front lawn into a money making garden. Or at least perhaps a garden that gives us many fruits and vegetables to keep our food budget a little bit lower. And today's episode I explain our strategy and tactics to dreaming and then implementing our ideas for a garden. --- Support this podcast: https://podcasters.spotify.com/pod/show/frugal2free/support

Often in a relationship you need to have a backbone to stand up when a financial decisions going to wreck your relationship. You also need big ears to be able to have a humble disposition when you're told that your financial idea is a flop or will financially ruin you. Are you willing to listen? And are you willing to speak up? If so your relationship with money and with each other will thrive! --- Support this podcast: https://podcasters.spotify.com/pod/show/frugal2free/support

What if everything you paid for actually could be had for free? There are many things we can enjoy in nature and with a relationships that are absolutely free. And then there's things, that we think always come with a price but they don't have to. Changing your mindset will often allow for things that are pricey to become free. --- Support this podcast: https://podcasters.spotify.com/pod/show/frugal2free/support

One suit was free. Another suit cost 120 bucks. And another one $500 with a $250 gift card going towards it. And another suit was about $200. Three needed dry cleaning; one didn't. What can you do differently to afford some of the most important things in your life? --- Support this podcast: https://podcasters.spotify.com/pod/show/frugal2free/support

Did you know you can stock your kitchen with items from a thrift store? What about books? Did you know you can often get books at 80% off of the cost of Amazon just by going to Thrift stores? The real question is what can't you get at a thrift store? Thrift stores can often even beat the price of outlet stores. --- Support this podcast: https://podcasters.spotify.com/pod/show/frugal2free/support

This man had already given so much of his time his money and resources and now someone wanted his oakleys as well? What do you think you did? How about the billionaire who is in college many years before he became a billionaire but gave so much that it actually pinched his finances? Why did he give before he had? --- Support this podcast: https://podcasters.spotify.com/pod/show/frugal2free/support

Bill O'Reilly has a captivating book about Elvis Muhammad Ali and John Lennon. As I listened to his book I realized that all three had broken the faith and confidence of their spouses. They hadn't been true and faithful. Fidelity Faith family and fun are crucial the true success. Using your finances just for fun leads to great despair. Use your finances for things that matter most like your family and faith. --- Support this podcast: https://podcasters.spotify.com/pod/show/frugal2free/support

Warren Buffett has said a lot of things over the last five or six decades. And many of the things he has said ring true. One of my favorite infrequently quoted quotes goes something like this: treat business like an investment and your Investments like a business. I reread that recently and was reminded of Robert Kiyosaki's constant admonition to have all of your assets in the business and investment categories. But what if you combine Kiyosaki and Buffett to make sure that you are improving your businesses and investments so that you always have an increasing net worth and most importantly excellent cash flow. --- Support this podcast: https://anchor.fm/frugal2free/support

Fear often dominates the thinking of pundits during uncertain financial times. Yet you can move forward not with fear but with intelligence and trust. In today's episode I describe some of my thoughts and ideas about the uncertainty of the financial times that we're experiencing. --- Support this podcast: https://anchor.fm/frugal2free/support

Sure he was there to install internet but man did I learn about investing from this Comcast man! Who would have thunk that he had an investment property, food trucks and even a classic car! I picked his brain for anywhere from 15 to 20 minutes to learn what he did to be able to make money outside of his day job. --- Support this podcast: https://anchor.fm/frugal2free/support

Someone couldn't get a job not because he wasn't offered a job but because he refused job after job after job. Why? Well because none of the jobs were perfect. That's when it hit me. There's always more solutions than there are problems. Sure there are plenty of problems in life especially if you're looking for them. Yet there's always always more solutions than problems. --- Support this podcast: https://anchor.fm/frugal2free/support

What if you never had to use coupons again when you went shopping? And what if you could eat any food that you really want and the price was outstanding? Join me in today's episode to go shopping with Melissa Davis, my outstanding wife, who for decades has provided our family wonderful food at a very affordable price. --- Support this podcast: https://anchor.fm/frugal2free/support

What are you going to do with your tax return? Have you put together your team of lawyers, accountants financial partners, and CPAs? And what's even more important than patience when it comes to buying a home? Have you considered creativity? --- Support this podcast: https://anchor.fm/frugal2free/support

There are a lot of interesting financial theories out there currently. Some financial pundits in an attempt to sell their products teach people that financial success is all about how much money you have in savings. Others talk about the only way to build a business is in cash. And some even mention that you need to be very careful with an extra dollar or two that you spend every day. In today's episode I'll explain some alternative realities that help us to build genuine wealth. --- Support this podcast: https://anchor.fm/frugal2free/support

Geographical, political, social, and other trends can help amplify wise financial choices. In the book Smart Cuts we learn about going where large waves are so that surfers can have more success. Likewise knowing what trends are currently happening and what will happen in the future will help you make quite a bit more money than not being cognizant of trends. --- Support this podcast: https://anchor.fm/frugal2free/support

Will your next real estate investment be raw land? Perhaps. Yet could it even be better if there's a already an asset, two or three or four or five on the property? Can you imagine how your large piece of property could have multiple streams of income? --- Support this podcast: https://anchor.fm/frugal2free/support

Often people liking cash flow to pools, rivers, lakes or any other water metaphor. In today's episode I discuss how you can fill up your pool or your net worth with the right amount and the right size of hoses or cash flow. --- Support this podcast: https://anchor.fm/frugal2free/support

What is a spouse? Is he /shr your greatest asset? Or perhaps an MVP? A spouse is an educator, a counselor, and a hedge against silly financial mistakes. A spouse helps make money, preserve money, and expand your money and portfolio. --- Support this podcast: https://anchor.fm/frugal2free/support

Learning from what's going on with Russian's invasion of the Ukraine will teach us on how to be better at emergency preparation. And N. Eldon Tanner, a very successful Canadian businessman, talked about what it means to control our money. And a lesson from gamers, getting good in your current job or business so that you don't necessarily have to take on a second job or start another business. --- Support this podcast: https://anchor.fm/frugal2free/support

From a hat in New York City to sand toys in Mexico, is there a place on this planet Melissa hasn't negotiated and haggled? The key to negotiating bargaining and haggling is to ensure the seller and the buyer are both benefited. In today's episode I go over key principles to getting what you and others want such as being patient, not being too keenly desirous of the item, and inspecting and expecting what you want. --- Support this podcast: https://anchor.fm/frugal2free/support

The CPI or the consumer Price Index has what's called a basket of goods. According to these basket of goods the average cost to live in America has gone up over 7% in the last year which is a high over the last three decades. So what can you do to make sure that you're not paying a ton of money for everything you use? Listen on! --- Support this podcast: https://anchor.fm/frugal2free/support

In today's episode we talk about the Tao of Warren Buffett, the quintessential book summarizing some of the basic beliefs of Warren Buffett. And along the way we sprinkle in some wisdom from Ramsey and Kiyosaki. --- Support this podcast: https://anchor.fm/frugal2free/support

I remember Dave Ramsey talking about death by a thousand cuts. There are a thousand ways that you can spend and blow money and feel very frustrated with no matter how much money you make. But what if everything you spent money on didn't take your money but rather grew your money? It became regenerative, multiplicative? What if what you do is more of an investment and asset rather than a liability or a doodad? Is it possible that what you spend money on now won't soak more of your money later but rather will return $10 for every $1 spent? Listen on friend. --- Support this podcast: https://anchor.fm/frugal2free/support

Years ago Warren Buffett's former daughter-in-law Mary Buffett along with David Clark put together an amazing book with about 140 or so thoughts from Warren Buffett's investing style. Let's dive into seven ideas for being an astute investor. --- Support this podcast: https://anchor.fm/frugal2free/support

Once upon a time Richard Paul Evan's daughter asked him if he had ever seen a millionaire. He responded with he saw one in the mirror everyday as he shaved. So what are the lessons we can learn from everyday millionaires? What do they do about clothes, cars, and houses? And are they often flamboyant or ostentatious? --- Support this podcast: https://anchor.fm/frugal2free/support

Vita Dutton Scudder said creation is a better means of self-expression than possession; it is through creating, not possessing, that life is revealed. As we constantly create for ourselves and for others, we will cease becoming mere accumulators. And we will experience much more joy happiness and meaning in life. And as a byproduct you always have enough if you're constantly creating. --- Support this podcast: https://anchor.fm/frugal2free/support

It's fascinating to think what you can do to have a healthy fit body when you use tools that are frugal. Have you ever noticed what Tom Brady and LeBron James do to be able to have 20-year careers at levels that have never been seen before? Does it cost a ton of money? No, not if you use tools that have already been bought and paid for by someone else. Use other people's exercise equipment, pools, massage chairs, and saunas. --- Support this podcast: https://anchor.fm/frugal2free/support

Josh Becker is a thoughtful minimalist. His ideas on simplifying our life so that we can maximize our relationships are profound. In today's episode I share a few of his ideas on maximizing money and minimizing stress. --- Support this podcast: https://anchor.fm/frugal2free/support

Problems turned to money. No ROI kids business turned to new business. And major repairs with level-headedness and generousity. --- Support this podcast: https://anchor.fm/frugal2free/support

What if you wanted to listen to a book each and every day of the year? What's the lowest cost to be able to do something like that? A few years ago I tried to do just that. Browsing Amazon and Barnes & Noble I was able to find some of the best books in many different genres. And then I listened to some of them on my library app called Overdrive and many more on audible. What could you do in life if the initial cost was zero or very low? How much more could you invest and how much would your ROI be? --- Support this podcast: https://anchor.fm/frugal2free/support

If you're a landlord of commercial buildings or duplexes or anything like that take note. Create a waiting list so you always know the next five to 15 people that want to rent from you. And definitely have some high-quality background reports available for each of your prospective tenants. And make sure that the lease money or rent money you're receiving doesn't just cover your mortgage, but it also will provide for major repairs and economic downturns. --- Support this podcast: https://anchor.fm/frugal2free/support

What are the key takeaways from playing a fast version of Monopoly? Have you ever played Cover Your Assets and leared more from your children than from the game? And what version of Acquire is in your closet? The lessons from these iconic games will help you as you buy, sell, merge and acquire businesses. --- Support this podcast: https://anchor.fm/frugal2free/support

Eric Hoffer said "You can never get enough of what you don't need.” Contentment and gratitude alleviate the need to keep a accumulating more and more and more. Affluenza as talked about in the show several years ago doesn't have to attack us like a nasty virus. We can constantly increase our income, decrease our expenses and use the difference to invest and give to others. --- Support this podcast: https://anchor.fm/frugal2free/support

Bill Earle said “If your outgo exceeds your income, then your upkeep will be your downfall.” The original Biltmore Estate bleed a millionaire dry. George Washington Vanderbilt built an estate near Asheville, North Carolina. It's beautiful to tour the gardens, the massive estate, but it's also a testament that when our wants exceed our income then no matter our income are upkeep will be our downfall. What expenses can you systematize and trim today so no matter your income you can live in such a way as to be a huge giver? --- Support this podcast: https://anchor.fm/frugal2free/support

Ben Franklin taught "a fool and his money will soon part." So how can we be more wise with the money we have? In three states three grandmas taught me what it means to be frugal with the money that we've been afforded. Whether buying for birthday parties or buying the essentials a dollar store is a great metaphor for using money wisely so that it extends. Wholesale not retail, search and scour don't just buy at full mark-up. --- Support this podcast: https://anchor.fm/frugal2free/support

One of the best practices to understand financial intelligence is to learn about your place in the Cash Flow Quadrant. In what ways are you currently earning money? And what is the best, most enjoyable way for you to have your money work for you? --- Support this podcast: https://anchor.fm/frugal2free/support

Using a second car to make income through Uber or Lyft. Renting out a portion of your home as an Airbnb or as a rental. Maybe taking a single family residence and turning it into a fourplex. What can you parlay, take from making some money or no money and make into a massive asset? --- Support this podcast: https://anchor.fm/frugal2free/support

Last week in Boston, Massachusetts I went fishing off the coast near Cape Cod. My brothers-in-law and I had a wonderful opportunity to see how a Tuna business is conducted. In today's episode I compare and contrast those who had residual ongoing income to offset their expenses to those who relied solely upon big scores. --- Support this podcast: https://anchor.fm/frugal2free/support

Spending a few hours with a newfound friend taught me quite a few lessons about frugality. Perhaps a hotel or an Airbnb is not always in order, but rather maybe you could camp in the back of a covered truck. Or perhaps keeping a vehicle for several years and then buying one at an auction could save you tens of thousands of dollars. --- Support this podcast: https://anchor.fm/frugal2free/support

Looking at someone's budget recently I realized that the budget was focused on decreasing expenses instead of eliminating expenses and converting expenses into assets. How could your house become an asset? Your vehicle? In today's episode I share a few ideas on taking some of your highest cost liabilities and converting them to assets. --- Support this podcast: https://anchor.fm/frugal2free/support

Who controls your spending? The limbic, lizard brain or your non-emotional self? How often do you pause before moving forward? And are you comfortable backing away from poor financial deals? --- Support this podcast: https://anchor.fm/frugal2free/support

We often hear about the dramatic and the extreme,the quantum leaps in real estate investing. We're inundated with 1-800 numbers about getting rich in real estate. So it was with great delight that I talked to an ordinary person who taught me how he is about ready to take purchase of his third home. Him and his wife bought one home, and very pedestrian like began to pay it down before using some equity to buy another home. And now they're about ready to buy their third home. The homes are collectively worth over $1,000,000 and yet my friend is the sole income owner in his family and just recently became a citizen. What is your family doing daily to achieve your financial goals? --- Support this podcast: https://anchor.fm/frugal2free/support

There's a fun TV show that my family absolutely loves. It's called Hunted. The show is about a group a former experts who search for about 10 teams of two people hiding in three southeastern states. The teams stand to earn over $200,000 if they avoid being caught for 30 days. As I watched the show I realized that the best teams have a couple things in common: they play great offense and defense and they openly confront each other and challenge each other not only to find a good solution but the best solution. Interestingly some teams use technology while other teams eschewed technology, but they often sought discussion to make ideas even better and to eliminate poor ideas. --- Support this podcast: https://anchor.fm/frugal2free/support

In financial circles it's cool to talk about how much money you can save by DIY. But there's also a cost to DIY. Sometimes DIY means you're saving money but blowing time. If you hired your next project out so you can spend more time with your family would that be the frugal and right thing to do? Always question how much your time with your family is worth. Your most valuable asset is your family. And being frugal is commendable, well being cheap is silly. --- Support this podcast: https://anchor.fm/frugal2free/support