2788: 10 Things You Shouldn't Buy When You're Broke by Jen Hayes on Personal Finance Habits

Published: July 8, 2024, 7 a.m.

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com.\nEpisode 2788:\nJen Hayes emphasizes the importance of cutting unnecessary expenses when living paycheck to paycheck or dealing with debt. She suggests practical alternatives to common expenditures like coffee shop visits, gym memberships, and dining out, advocating for self-sufficiency and resourcefulness as pathways to financial stability and increased self-confidence.\nRead along with the original article(s) here: https://www.jenhayes.me//10-things-shouldnt-buy-youre-broke/\nQuotes to ponder:\n"It amazes me that so many people who are broke treat themselves to Starbucks every day. You could make your coffee or tea at home for a fraction of the price."\n"If you\u2019re broke, you shouldn\u2019t be throwing away money at the salon. If those things are truly important to you, you can spend money on those items after you pay off your debt and/or become more financially secure."\n"Giving is one of the greatest joys in life, and you can be generous after you\u2019ve become financially secure. Anyone who genuinely cares about you will understand that you are giving all that you can afford."\nEpisode references:\nPlanet Fitness: https://www.planetfitness.com\nNational Park Service (for free outdoor activities): https://www.nps.gov \nYoga with Adriene (free yoga resources): https://www.youtube.com/user/yogawithadriene\nThe Keurig website: https://www.keurig.com\nLearn more about your ad choices. Visit megaphone.fm/adchoices