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Optimal Finance Daily - Financial Independence and Money Advice

1782: How to Balance Simplicity and Frugality by Julianna Poplin of The Simplicity Habit on Minimalism & Finances

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Business, Education, Self-improvement

4.41.3K Ratings

🗓️ 25 January 2022

⏱️ 11 minutes

🧾️ Download transcript

Summary

Julianna Poplin of The Simplicity Habit teaches you how to balance simplicity and frugality Episode 1782: How to Balance Simplicity and Frugality by Julianna Poplin of The Simplicity Habit on Minimalism & Finances Julianna is a professional declutterer and writer at The Simplicity Habit. She writes to encourage and inspire women who want to simplify their homes and lives The original post is located here: https://www.thesimplicityhabit.com/how-to-balance-simplicity-and-frugality/ Visit Me Online at OLDPodcast.com 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 1782, How to Balance Simplicity and Frugality

0:08.3

by Juliana Poplin of The SimplicityHabbit.com.

0:12.8

And I'm your host and personal finance enthusiast, Diana Mariam.

0:17.8

We're going to get right to today's post as we optimize your life.

0:21.8

How to Balance Simplicity and Frugality by Juliana Poplin of The SimplicityHabbit.com

0:35.6

I've run into some bumps along the way in my journey to simplify.

0:40.3

One of the problems I faced is how to try and balance simplicity and frugality.

0:47.1

For as long as I can recall, I've been a fairly serious bargain hunter.

0:52.2

I pride myself on finding the best deals.

0:55.7

I've gone to great lengths to find sales where I could also combine coupons to achieve the

1:02.4

ultimate deal. I enjoy challenging myself to see how little I could pay for a box of cereal or

1:08.8

a pair of pants. For the record, I've purchased cereal for under a dollar per box often,

1:15.6

and once bought four pairs of pants from Coles for a total of a dollar.

1:20.5

And yes, I save the receipt and even considered framing it.

1:24.8

In other words, I have spent a lot of time looking at sales flyers,

1:29.5

driving to multiple store locations, going to four to six groceries in one week to maximize

1:35.2

savings, and spent countless hours hunting online for the best price or coupon.

1:41.2

I've shopped at many a garage sale and even put on disposable gloves to basically dumpster dive

1:48.1

in a goodwill outlet. As I began examining ways to simplify, I had to look at this area of my life

1:56.4

because being frugal isn't always simple. Look at all the examples I just listed. I would say it

2:02.4

is rarely simple actually. To balance simplicity and frugality, ask yourself these questions.

2:10.2

How much time are you spending on it? Are you stressing yourself out? And what is it costing you?

...

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