Myths + Truths of Everyday Millionaires w/Chris Hogan

we are especially excited about this one. Absolutely, he's an amazing guy. We're going to intro him soon and you'll get to make up your own mind about him. But yes, I am excited. Interviews are always my favorite, especially when we can talk with authors and some well known people in the space of personal finance. I know, because they wouldn't talk to us otherwise. This is the way we get to get in there with the relationships. So that's fun for us. But first our sponsors, we've got the

Frugal Friends workbook. If you're starting to think about how you're going to do better with your finances in the new year, and if you're not you should base or here you go. But you already know you're not going to make a complete one eighty degree change in your life, then check out the Frugal Friends Workbook. It's a digital workbook with six week long challenges that turn improving your finances pretty much into a game. In addition to the challenges,

you'll get sixty pages of teaching and implementation guidance. And while it can be completed on your own, it is created to be gone through in pairs or small groups. That's why every purchase comes with two downloads. You heard that right, That is, buy one, get one free. Right there. Head to Frugal Friends podcast dot com slash Workbook to learn more and use the code taco bell all one word to get ten dollars off the regular price. Yes,

that's special for our listeners. Just for our listeners that would get the Frugal Friends Workbook, not anybody else exactly. Today's episode is also brought to you by Money. Yes, it's what makes the world and this podcast go around. There are a few things Money wants the Frugal Friends to clear up right now. This is more of a p s a for Money. First, Money wants to be your friend. She wants to hang out with you, so please stop sending her away like she's a door to

door salesman on a Saturday morning. Second, Money is looking for you. She knows you want more, and she's trying to bring friends. But when you keep her trap in a checking account or we're sending her away, her friends will follow her and you won't be able to hang out and form that like really great sorority you're planning. So please, for Money's sake, keep her nearby and let her grow. I'm so proud of you. This is so deep. But also, do you get door to door salesman on

Saturday mornings? Okay, so that's not the first thing I wanted to say, But like, who who comes to your door on a Saturday morning? And just picture that person? Yeah, I would send them away most likely. You're right, You're right, Yeah, you would. Yeah, whoever it is, you would send them away? Well done. Don't do that with your money. We love our sponsors. They're so great. Yes, we love money. You know something else that's great and more important is this

interview with Chris Hogan. So you may know Chris Hogan threw a guy named Dave Ramsey over there at Ramsey Solutions. We also had Rachel Cruz on our episode one sixteen, and we're super excited to have Chriss on today because well, he's fun. He's just a lot of fun. He is fun. Yeah, we have had the opportunity to meet him several times over the last few years, so it's a treat to

have him on the show. For those who don't know, Chris Hogan started his career as a debt collector and then became a financial coach because of how many people he saw struggling and that's great seeing a need and then filling it. So he's now cut to today, two time best selling author and one of the most dynamic and enthusiastic speakers I've ever heard. Guaranteed you all will absolutely fall in love with his voice and hopefully the content too. I know one time Chris Hogan was on

Chris Browning's podcast Popcorn Finance. Oh those are two dynamic speakers. I know. You should look up the episode. I'm blanking. I don't know what episode number it is, but you just search for it on Chris's website and it is episode that will blow your mind with like the butteriness of the voices, Popcorn Finance Interviews Chris Hogan, No home man. If you need to pick me up, there you go.

But we're excited to specifically talk to Hogan about millionaires because I imagine right now, more than ever, people are discouraged about their finances and trying to just get stable, not even thinking about becoming a millionaire. But I promise you, when you shift your mindset to believe you're a millionaire waiting to happen, things change. And so we want to help you make that shift today as much as possible. So we're going to talk about what a millionaire is.

We're going to debunk a few myths that might be holding you back from believing wealth is possible for you. And we don't want you to settle like we want you to build wealth because if you're listening to this, you're probably a good person and we need more good people to be wealthy. If on me. So like, we're going to talk about money mindset more in a few weeks, so get comfy with that. But we're starting today with talking about millionaires and and why it is attainable. Let's

do it. Let's get into it. Let's do it. Welcome Chris Hogan to the Frugal Friends podcast. Well, thank you, it's a pleasure to be with you all. We are thrilled to have you. Both John and I have had the opportunity to meet you in person in the past and that's better of course, but you know, in the age of COVID through zoom and through podcast works too, so we are excited to chat more. Well, thank you,

thank you. I'm looking forward to it. We want to talk about millionaires today, this subject that feels unattainable for many people, but we want to kind of shift some mindsets with your help today, Chris, and so to start off, we know that this this is a big area of expertise for you. You talk about being an everyday millionaire and investing and building wealth and all of these things.

So we're excited for your expertise. But to begin, can you describe for us what is a millionaire, what would qualify someone as a millionaire, and why is this a good aim? Well, and looking at it there, you're right, this is a big topic. There's a lot of conversation out about it, and really digging in, I wanted to help people to understand what it was and how you

can get there. And so for me looking at it, it's all boils down to taking what you own, all of the items your four one K, the money in your bank, your cars, the equity in your home, all the things that you own minus what you owe anything that you have that on. And so if you take what you own minus what you owe that in number, if that is a million dollars and more than congratulations, you're an everyday millionaire. So it becomes this thing just

to look and to be able to track. And so you know, for me, it was one of those things and understanding. I grew up in Kentucky in a small town, and so you know, in my mind growing up, it was you had to be a pro athlete or an entertainer or an actress or something in order to be able to hit that. Or you have to be born into money, right, you have to come from wealth in order to be able to establish it. And so we set out just to to to set the record straight

and to help people know the truth. Yeah, it's a simple formula, and I think a lot of complicated concepts can be simplified and then can help us. I think when it feels so unattainable, not that easily understood. That's when we think, well, that's not for me, but just to know, in its simplest form, this is what it is.

Why do you think this is a good aim for somebody? Well, I don't think, you know, I don't think it's necessarily something that someone everyone has to aim for that, right, But I do think it's important for us to be aware of that. At the end of the day, we want to be able to take care of ourselves. We want to also be able to provide for the people that we love the most, and we also want to be able to give, right, giving is the best thing

that you could ever do with money. And so being able to look at this and understand it's not so much that everyone needs to have that as a goal. We're all wired a little bit different, but in looking at it and helping people to understand that it is something that can be obtained and that more regular, everyday people are in this category of a millionaire than people believe.

And so everyone thinks it's got to be the lady that's dressed in the Armani suit, you know, leaning on the fancy car and from the big house, and so we set out to set the record straight. We did the largest study that's ever been done. We talked over ten thousand of them, all across the country because I wanted people to know the truth. And it's not about a high paying job. It's not about being born into it. It's not about an inheritance. It's about hard working people

that are investing and being intentional with their money over time. Yeah, at least not being upside down with your finances. At least being in the red or i'm sorry, in the black. Not in the red. I just like that color. I do too, but not financially right. But but it's possible. And you know, the inside the book that I did, Everyday Millionaires, the stories in there. Now, I love the statistics.

You know, you talked over ten thousand people. It's a serious research project, and I love the information that I provided from that statistics and just in the research. But the stories in the book, these stories are the thing that touched my heart because you're talking about people that were once homeless, people that were born into severe poverty, or people that didn't come from nothing, and so they

worked over time. It was about the dream they had in their heart, about what they wanted to do, and they said, you know, I want to be intentional with my money too. So it's not some mystic cloud or it's not a country club that you have to be invited to join. It has to be a mission and a level of focus that you have for your health.

I think what you're describing is making it attainable for people, and we connect with stories, and we connect with real life experiences and realizing, oh, it's not just the small group of people that I've had in my mind as far as who this describes. It's a lot of different people. It's attainable, and that can really help to shift the mindset to say, oh, this doesn't have to be my life forever. There are steps that I can take to be aimed at even generosity, what a much better aim.

And thanks for laying that foundation not just to build up my own wealth, but for the purpose of caring for those around me. That's exactly right. Well, I mean, if you even look in the Bible, you know there are so many scriptures over eight hundred about money. Money is a tool, right, and just like any other tool that can be used to hammer or nail, these are things that are used to build, and so money is

that as well. I mean the story of the good Samaritan, right, if this individual didn't have money and didn't have marchin, he doesn't get to become the good Samaria town that steps in to help someone that was in need. And so it's it's just a matter of perspective, and I'm glad you hit on the belief part. It's one of the things that I really hit on. You have to

believe that it's possible for you. And if you think you had to have it handed to you from an inheritance, and if you didn't come from a family of money, then you automatically exclude yourself from even potentially joining that group. Or if you think you have to have a high paying job, you don't, or if you think you had

to go to some fancy school and you didn't. So then you know, I wanted to chop down these myths so people could see the truth and then begin to decide for themselves what do I believe as possible and then what am I going to work to strive to And that's really what it boils down to. We want to actually dive into a few of these myths a little deeper, because I do think that these these mindsets and these myths are a big block to people achieving

this because it prevents them from even starting. Yes, So the smith we want to talk about is that wealthy people get lucky and make risky investments. What have you found to debunk that? Well, first of all, it's not true in reality what these individuals did. They weren't into bitcoin, these millionaires, they weren't doing these No, they were not. No, they didn't. They didn't do these things. They were people that were using employer sponsored retirement plants four one case,

four or three vs. Raw thrase and iras. That's what they used. Almost of them said that was the number one tool that they used to be able to build wealth. I say this because I hear about bitcoin, and I hear about cryptocurrencies and all these things, and people believe that, hey, I've got to take this crazy risk in order to build wealth. And what ends up happening is you take this crazy risk and you end up losing more money or unfortunately, as I've seen people going into debt for

these things. And so it's important for people to understand it's not about the risk investments and Honestly, it's about the boring, typical slow things, using the four oh one K, the four or three B and raw iras. So that's really the secret. It's amazing that you say that I found myself in a lounge at an airport talking with somebody. We we made it there because of our frugal lifestyle. Others made it there because of the debt that they want to wrack up on their credit cards. Either way,

we were there together in this room. And this this gentleman worked for a financial investment firm, a large financial investment firm. He himself was not able to do some of these risky investments. Your typical rath I RA A S and four oh one case was all he could do so that he wasn't getting himself into precarious legal situations. But he said that is the case for the wealthy

millionaires that he worked with. I'm just affirming what you're describing, Chris, that all of those people got there from usually the traditional route. It wasn't a result of these random You've got to be a brain surgeon to understand what you're even looking at. It was this very traditional, slow and steady way of investing and that's what got them to their position of wealth. It really is, and it's so true. So if almost eighty percent of these millionaires you use

those things. Another stat that really jumped out is almost seventy of them utilize an investment professional in their life. So that means they weren't going it alone, right, they were getting with someone that had knowledge that they didn't

have to be able to guide them. And I was so grateful that that's that ring true because that's one of the things I talked about on my show is that I'm wanting people to go sit down with someone, let them review your four oh one K or your four or three B look at the way that you're invested, so you can get some knowledge that you don't have. I found small tweaks can lead to big gains when you have the right knowledge. Yeah, it's the hair and the not the slotor us in the hair. That's yes,

that's what we're talking about. Jill, come out with a boy next book. I think people might buy and you never know, we can sell this thing with some good artwork. So the second myth that a lot of people buy into is that rich people have high paying jobs or high level positions, and that's how they get to their place of wealth. What do you say to that, Chris, all right, I'm getting ready to chop fees two downs as well. Let's start with the high paying job, right.

People believe you've got to have a six figure income and war in order to become a millionaire. One of the guys that I've talked to over the years, his name is Frank. Frank worked his tail off. He never made over sixty eight thousand dollars a year in his life, okay, and by the time that he retired, he was a multimillionaire. Never made over sixty eight thousand. But let me tell you this one. A third we talked over ten thousand. Again, A third of the millionaires that we studied never had

a six figure household income. Hold on a minute, I said household. That meant if they were both working combined together, they didn't make six figures. Okay. This is really important for people to hear, because you'll look at your income and say, well, I'm only making fifty or fifty six or sixty, and then you automatically think, well, it's not available for me to become a millionaire. No, it actually is. It's not about how much you make, it's what you're

doing with the money that you do make. And when we had it tied up to consumer debt, the average person has around thirty five thousand and consumer debt thirty seven five in student loan debt on average. And so if we can free up our money, what it does is that allows us to be able to invest, so we can grow it the right way. Now, let's talk about positions. I was excited to see this that because I wanted to know what are the jobs of these millionaires?

What do they do? Number one, the number one job of these everyday millionaires was engineer. Okay, and I didn't surprise me because engineers planned things. I was like, okay, that makes sense. Number two were accountants. Well, okay, then you know how money works. They know how to count, they know how to plan. That's great. The third one shocked me. The third one was teachers. What Yeah, school teachers, college professors, teachers, now YouTube, and I know these are

the that teachers are the most underpaid profession out there. Right, they're dealing with these kids. I mean, that's a lot going on. Social work just got to make my plug. That's exactly right as well. And so you look at this and you go, well, how how in the world are teachers on there? You know, doctors and attorneys they were in the top ten, but they didn't make the top five. And so after teachers, you had managers of all types, whether you're a manager in a department store,

you're a manager in a grocery store. So in it's not about some high salutant job with some super high income. And so I want people to know this because it helps them to understand that it's possible for them to and I think that was the thing that I really loved about the book, is helping people to debunk these myths so you can see the truth and then you make a decision for yourself. Chris, I've got to be honest. I think a lot of what you're saying is scary.

And let me explain, because if you take away my excuses to not do better and aim higher with my finances, it's that the devil that you know is better than the devil that you don't know. I'm comfortable having my excuses and living the way that I want to live, imagining that this is not attainable for me. But then to hear your words and saying there are a good

portion of people. There is a third of people out of the people that you have interviewed who are everyday millionaires, who don't make six figure salaries within their household and are not in high level positions. I mean, what does that mean for me? That calls me to a higher level of accountability with my finances, and there's a little bit of of concern. It's scary to then say, well, now what does this mean? And now that I know not knowledge is power, but there's also responsibility with it,

then well, you're exactly right. And I would want people as they hear it, I don't want it to be scary. I do want it to be startling, right. I want you to go, well, wait a minute, if they can do it, right, if Frank who had never made more than sixty eight thousand, can do it, then what's my excuse? And you're absolutely right. I want to take the excuses off the table, right. And I'm a former athlete, and so I'll never forget one of my coaches obviously young.

I'm seventeen years old on a college campus in college and we were doing a scrimmage and I missed the tackle and he called me over and he got my name wrong. For the first six months I was there, he called me Curtis. Okay, people, my name is Chris. Funny about it is. It happened so much that I started answering to it, right if I Curtis get over here. And I was like, good lord, here he goes again, right, and he goes, why didn't you make that tackle? And

I was like, coach, the man was holding me. The referee didn't throw the flag, and he just looked at me with disgust. After I rambled for like two minutes with my excuses, and he looked at me and he said, an excuse is the skin of a lie wrapped with a reason. He said, I'll go over there and sit down, and I went over and he came over a few minutes later, he goes, Curtis, remember what I told you? And I laughed and I go, Coach, you said something

about skin lies. I don't know, dude. He said, an excuses the skin of a lie wrapped with the reason. Then he bent down and looked an eye and he said, son, don't make excuses, make place right. It was a grow up moment. For me and in looking at it too often times we can make excuses. And I don't mean that people don't have some tough things to overcome. I'm not saying that we all have different start points, some people have some legs up over others. The goal is, though,

is we're running the same race. And it's like in the Tortoise and the Hair, you get an opportunity to determine your speed and what you're running towards. And so it's a matter of us making a decision. We have to let go of some things. We have to let

go of victim thinking. Right, this is something that's prevalent in our society right now that if I hadn't done something or read something, that I gotta find somebody to blame because it's gonna make me feel better, right, Or or I can talk about the family that I came from and and that you know, well they didn't teach me and I didn't know. Okay, that's great, But now you can as an adult I talked about in the book,

you don't need your parents permission slip anymore. You don't need them to sign it for you to go on the field trip like you did in fourth and fifth grade. As an adult, you get to sign that permission slip with your effort every day. So guess what the balls in your court? Now, make a decision. And if you guys have my book, if you don't have it, I'll send it to you. But I want you to do something.

I want you to take the cover of the book off, and I want you to see the secret message in there, so right on the front, and it firmly affirms what I'm talking about that I believe people can do this. I just think with the right information, the right belief system, and then taking the right actions starting today. Don't look back to five and six years ago. We can't go back and do anything about that. But I can't control this day. And it's called a present for a reason,

because it's a gift. We have to be able to make decisions for ourselves and our future. Right now, Can I just get a pep talk from you about every week? Ultimately, what I'm hearing from your mouth, Chris, is hope that yes, there's a calling up to a higher standard. There is adult thinking and living and behaving that we need to implement with our finances. But ultimately you're describing hope and we all need that. We all need that right now.

You know, as a company, I've been a part of Ramsey Solutions for fifteen years now and so I've had the opportunity to work side by side with Dave and

this company. That's what our company is about, is and whether it's helping people bring hope into their financial situation, helping young people with our foundations curriculum begin to learn this stuff early, whether it's with our smart Dollar program, helping people have hope inside of the job market the place where their work, or if it's us given hope

inside of leadership with Entree Leadership. That's what we're about, and we feel like if we can put that message out for people and you hear it enough, hopefully as I travel across the country and speak or I used to I'm doing a whole lot of zooms now, ladies, but traveling across the country, that you can get people to hear it and say I can do this, and and that's really our goal. Absolutely, let's touch a little bit on our last minute about that starting one that

people start from. So the third one is that millionaires come from wealthy families. What do you have to say about that. We found that almost of the millionaires didn't inherit a nine. You know, you look at that and you realize these are all people that were first generation millionaires. It wasn't handed to them, like I said, the people that were homeless, or the people that came from really tough backgrounds growing up. One gentleman lived in several different

foster care homes growing up. His mom had some mental issues, his dad was an alcoholic. But this young man still pushed himself and went to the army, came out when and got his degree and as a teacher, and retired with the net worth of three point five million dollars. And so it's not about it being handed to you. It's not. It's about you making a decision about what

do you want. And I'm the father of three boys, and I know what I want from my boys, and I know what I want from my great great great grandkids. One day is that it started with me. I'm the one that's responsible for this. And just like the Vanderbilts, the Roosevelts, the Rockefeller's, the Marriott's, the Hilton's, someone had to have a dream big enough right and have to be willing to make the sacrifices to chase it, and I want more and more people doing that. I firmly

believe that's the way we heal this nation. Get enough of us on a firm foundation that we can reach back and be able to help people that are in need, and we can continue to do that without strings attached, because we don't have debts trapped around our hearts. All of these are yes, and that that maybe wealthy people did get lucky. Maybe there are some people who are millionaires who do make six figures every year, and maybe there are millionaires who come from wealthy families, but that

is not only the people who represent millionaires. That does not have to limit us in our thinking and in the way that we manage our finances. That this is possible for us. Yes, yes, you know what else is possible, something that is amazing and we get to do every week. It's the bill that's right. It's time for the best men your entire week. Maybe a baby was born and his name is William. Maybe you paid off your mortgage, maybe your car died, and you're happy to not have

to pay that bill anymore. That bill, Bill, Bill Clinton, This is the bill of the week. Where are all right, I'm a little nervous right now. So what is this bill of the week thing? Alright, Chris, So every week we invite a listener or our guest onto the show to give us their favorite bill, so our intro music that you didn't sadly not get to hear. Give some examples, you know, like the Buffalo bills or duck bills. Baby's named Bill, you know whatever, anything bill related. It can

be a bill you paid off. Alright, alright, so my favorite bill, all right, I'm gonna change this up. I'm gonna go with a person. My favorite bill is Bill Cronin. Bill Cronin was one of my foot ball coaches from back in college. Was an incredible encourager, was a gentleman that didn't let you make excuses. He wanted you to be a part of a team and understand your role.

But he always was pushing us to get better. And I'm so grateful for men like him, and teachers that I had, and my family members that saw more in this little country boy than maybe I saw it myself. And so he is, without a doubt my favorite bill that as an encourager and an educator and a coach. He strived to help us young people get better. That's amazing. I love that and I think so much we see this when it comes to finances. We are whole people

and we need to be in relationship. We need those encouragers. We need community around us to be able to aim at these things of generosity and being in the black and our finances. And it sounds like Bill was one of those people for you who really invested. It's amazing, without a doubt. No, you're right. We we definitely don't need to do this stuff alone. Life is about community, and I know this pandemic has been extremely challenging for a lot of people right now. I just want to

encourage people to reach out and ask for help. If you're struggling with something, don't let our Western mentality of just grinning and bearing it or pulling ourselves up our bootstraps on your own and just throwing your shoulders back and fixing it. No, reach out and get some help. And if it's financial, reach out, if it's with marital situations or relationships, get some help or mental issues. You know,

we got to reach out. Let's become the best version of ourselves that we can because that means we get a chance to help someone else, either with the story of what we've overcome or what we've battled, or us chasing down our dreams. Either way, we're writing a story. So pick up your pen and keep writing. Right, We're gonna have obstacles, We're gonna have challenges in life. It's not that we stopped. That's how we got through it, over it or under it. That's where we show that

we survived and thrived. Amen. Yes, we need to have like Chris Hogan like inspirational phrase of the week starting well, I appreciate it. I just I have been the recipient of so many people pouring into me that I feel that that's the call on my life is to encourage other people. And you know, I want your listeners out there to know, regardless of where you are today, it doesn't have to be where you end up. Right where you are right now doesn't have to be where you

end up unless you stop. So do yourself a favor. Don't stop, like keep pushing forward because better is available. And now it's time for the lightning round. Yes, that's my favorite Lightning Round introductions we've ever had. Usually I try to make my own noises into the microphone, but always yeah, it's always uncomfortable for me. Well, today's lightning round is called if I were a rich girl. So we are all going to take turns and say one thing that you can't You just can't justify buying now,

but you definitely get it. If money were no object, Okay, I don't have to be a girl, do it? No, No, have might be a little bit of a stretch for you. Yeah, yeah, so you YouTube, Okay, I get to ask. I'm gonna flip the thing, Jill, if you were a rich girl in money were no object. Hopefully this can count. It's something that my husband wanted to buy. This is a very recent, very raw example. My husband found a used water feature originally from restoration hardware this past weekend on

Facebook Marketplace. We just bought a new home and he's been talking about wanting to have a massive water feature inside in our living room. He's amazing and he has visions and usually I support them, but this time it was a hard note and it took no thought for me. If money were no object, if I were a rich girl, I definitely would have said, of course. It took no thought that is not what we're spending three fifty dollars on it. Of course, then led to some marital tension,

so we you know, we moved through it. But I do think if I were a rich girl, it could have saved some marital tension from happening. All right, very good, very good? Okay, Jan, if you were a rich girl in money were no object. What are you buying? I'm buying the Aldi Wine Advent Calendar. It's twenty four half bottles of wine in an advent calendar, yes, and it's like seventy bucks. And I can't say I drink enough

wine to actually get through it. And my husband doesn't drink wine at all, so I can't feel right about buying it. But if I were a rich girl and had all the money in the world, I would get that Aldi Wine calendar every year. So we got water feature for Jill and an Advent calendar for Gin that has wine involved. We could just pair of it too, and we could turn the water into wine and we're done. And if we put those two together, we're not at five.

I'm disappointed in you. I'm disappointed. So listen, all right, why did you ask me the question? Chris? If you were a rich girl and money were no object, what would you buy? All right? If I was a rich dude, we're gonna change, money was no object. I am buying a Harley Davidson road King we're talking about. It's around twenty four thou dollars. That's what I would buy. I outdid you both? The difference between Chris Hogan and us is that he has class. But I can't justify that.

But in my mind when I see them riding around, I picture my hair blowing. Well, I don't have hair, my beard blowing in the If you were a rich girl though, hair too? Yeah? Goodbye hair? Oh amazing. Thank you so much, Chris for hanging out, having some fun with us talent debunking these myths. Where can people get more from you? Because we know they want your content and your voice, let's be honest. Well, I appreciate it. This has been a blast, you too. Thank you for

having me. If people want more information about dealing with money, retiring with dignity, or wanting to build wealth, you can learn more by going to my website Chris Hogan three dot com. That's Chris Hogan three zero dot com. Awesome, amazing, thanks so much, thanks for being here. Absolutely, thank you

all so much. Man, that was good. He's such a joy to talk to, not only in his amazing soundbites that we could probably in calligraphy on some signs in our house, but also yeah, just his down to earth nature. And I mean I've already said it. I just I really enjoy his radio voice. So yeah, it's just all around a win win win win win. So but he's not just a pretty voice, Chill, I know that. That's why I highlighted the other things. First, he's not just

a rich girl. He's not a rich girl, Chill. I know. He's a rich dude, a wealthy dude aimed at generosity, which is amazing. So we hope that this episode was encouraging for you all, that you feel one step closer to shifting your mindset about what might be attainable for you. And it's scary, and that's why we're here for you. The Frugal Friends community. Join us in our Frugal Friends

community group on Facebook. Chat more about this topic. Let's talk about our wise behind even aiming at being at in the black and our finances how we might be able to get there even on some of those smaller salaries like Chris was describing, so thanks so much for listening. We want to thank you for your kind reviews on iTunes and Stitcher like this one. It comes from Underscore The Alligator. That's awesome. Alligator like that. Titled practical and fun,

it happens to be five stars they usually are. I never thought I would say this, but this budget podcast is fun. They make tough issues that are often stressful for me so lighthearted and fun. I also love that all of their suggestions are practical. So many budget blogs and podcasts make suggestions like growing your own food, harvesting your own eggs from pet chickens, and making your own laundry detergent as money saving tips. The ideas are nice,

but they're not practical for our fast paced life. Frugal Friends gives practical tips and view time as money, which it is so thankful. I found this podcast and I can't wait to keep listening. Yes, the Alligator, you know us. We are so glad to have you part of this community. Looks like I'm taking that grow your own food episode out of the lineup. Pet chickens might be fun, but I'm also taking the pet chicken episode out whatever. I am impressed by people that can keep pets, especially pets

that lay eggs that you can eat. That's that's cool for them. It's cool, it's awesome. One day I would love to be one of those people. I would absolutely love to be one of those people, but I cannot, So thank you so much, Alligator. We also want to thank our friends who share these episodes on social media. So when you share the latest episode and tag us on Facebook or Instagram, we're adding you to our monthly rying.

For every five tags and reviews we get every month, we're giving away a copy of the Frugal Friends workbook. You heard us mention it at the top of the episode. It's really great. Yep, yep. You want that. So whether you buy it or you win it, it's going to be great. So keep leaving us reviews on iTunes or Stitcher, send us a screenshot of that review to our email Frugal Friends podcast at gmail dot com. That will enter

you into that monthly drawing. And still don't forget to tag the latest episode on social Yes and we will see you next week. By Frugal Friends is produced, edited and mixed by Eric Sirian Jill, how did it make you feel when um our rich life purchases, you don't go less than five dollars? Think about it. It was no object. I would buy a box of wine for seven a whole box of wine with like forty eight glasses of wine, which is like, yeah, a few bottles

of wine for dollars is amazing. That I think goes to show the type of it's not sacrifice is a bit dramatic, but how we have tempered ourselves in the areas that we choose to cut so that we can spend in other areas. And I think ultimately the reason I shared mine, which is even still like ten times the amount that yours was not really four times. I can do maths. That's still a decent amount of money. But ultimately it would have been great because I wouldn't

have had to um experience tension with my husband over that. Yeah, Eric is a rich girl and he has all the answers for you on what er, So there's still tension when there's money. There's actually probably more attention when there's money. So I'm not trying to act like that would solve all of our problems. I just thought it was so funny, like, yeah, I just completely shut the poor guy down, and he's

just trying to make our home beautiful. I mean, in your defense, every time I go to your house, there's something else there that he has purchased from Facebook marketplace. There's something to be fair, it's from Facebook marketplace, and that's good. And we are still setting up. We did not bring much from Pennsylvania to Florida, and most of it's necessary or we're not going into debt for it,

which is great. But then in that process, we've got to be pretty vigilant on where are we spending and we don't Sky is not the limit over at the Siriani house. We don't have money for a three water feature at this juncture. But why why if your water feature inside your home, why don't you, well, why don't you just drink a half glass of wine every night from your advent calendar? Because it's just not the best thing for us. We've learned to be adults and say

no to either ourselves or our spouses. Yeah, adulthood, whatever,