1608: 10 Things You Shouldn't Buy When You're Broke by Jen Hayes on Making Smart Financial Decisions

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Business, Education, Self-improvement

4.4 • 1.3K Ratings

🗓️ 4 August 2021

⏱️ 9 minutes

🔗️ Recording | iTunes | RSS

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Summary

Jen Hayes shares 10 things you shouldn't buy when you're broke Episode 1608: 10 Things You Shouldn't Buy When You're Broke by Jen Hayes on Making Smart Financial Decisions A few years ago, Jen and her husband were buried in $117,000 of student loan debt. Now, they've paid off over $100k of debt, and they're on track to have the rest paid off by the end of this year. Join their email list to get exclusive tips on how to save money, earn more, and live like no one else. The original post is located here: https://www.jenhayes.me//10-things-shouldnt-buy-youre-broke/ Exit Planning Institute provides professional advisors with the training, knowledge, tools, and network needed to help business owners build more valuable and transferable companies. Will you be prepared to help when a business owner turns to you as their advisor? Register today at EarnCEPA.com. Please Rate & Review the Show! Visit Me Online at OLDPodcast.com and in The O.L.D. Facebook Group Join the Ol' Family to get your Free Gifts and join our online community: OLDPodcast.com/group Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is Optimal Finance Daily, Episode 1608.
0:03.4	10 Things You Shouldn't Buy When You're Broke
0:06.0	by Jen Hayes of JenHayes.me.
0:08.7	And I'm your host and personal finance enthusiast, Diana Mariam.
0:12.8	This is the show where I narrate posts from thought leaders and personal finance
0:16.7	every single day of the year, in 10 minutes or less.
0:19.9	And before we get to it, I wanted to make sure that you know
0:23.0	that we have a weekly newsletter sharing tips, tricks, advice, inspirational quotes, and more.
0:28.5	It's a great way to show your support and totally free.
0:32.0	Just enter your email address at oldpodcast.com to join.
0:36.6	But for now, let's get right to it and continue optimizing your life.
0:44.8	10 Things You Shouldn't Buy When You're Broke
0:47.0	by JenHayes of JenHayes.me
0:50.6	Personal finance is about choices.
0:53.3	Many frugal people continue to splurge on a couple of things that are truly
0:57.6	important to them. Because they're frugal in most areas,
1:00.9	they can afford to splurge on things that they value.
1:04.3	Frugality doesn't have to mean giving up everything you love.
1:07.3	If, and only if, you can afford to buy those things.
1:11.7	If you're a buried in massive debt or living paycheck to paycheck,
1:15.8	that's a different situation.
1:17.7	This article is for those people.
	...

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