3156: [Part 2] 5 Ways We Avoided Lifestyle Inflation to Reach Financial Freedom by Lisa Harrison of Mad Money Monster

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Optimal Living Daily LLC

Investing, Business, Education, Self-improvement

4.4 • 1.3K Ratings

🗓️ 26 May 2025

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

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Summary

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3156: Lisa Harrison shares how she and her husband sidestepped lifestyle inflation to build wealth and achieve financial freedom, without sacrificing joy or connection. Through mindful home buying, curbing consumer habits, and consistently increasing their savings rate, they created a life of intentionality and long-term fulfillment. Read along with the original article(s) here: https://madmoneymonster.com/2021/03/22/5-ways-we-avoided-lifestyle-inflation-to-reach-financial-freedom/ Quotes to ponder: "We didn’t buy more house than we needed, although I really wanted to, and we bought the crappiest house in a nice neighborhood." "We will go without a want before we pay for anything with a credit card that can’t be immediately paid off at the end of the month." "Investing extra money gives us a bigger rush than spending it." Episode references: 401(k) and 403(b) plan basics - Investopedia: https://www.investopedia.com/terms/1/401kplan.asp The Minimalists: https://www.theminimalists.com Learn more about your ad choices. Visit megaphone.fm/adchoices

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1:06.1	Five ways we avoided lifestyle inflation to reach financial freedom
1:07.6	by Lisa Harrison of Mad Money Monster.com.
1:14.8	Number two, our home is the right size.
1:21.4	After we pulled the contract on that lifestyle inflated home, we hunkered down in the house I bought as a single parent for the next four years. During that time, we focused only on debt
1:26.3	repayment and investing. When we reached financial
	...

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