Episode 408: Frugality as a Superpower: Aligning Money with Your Values with Jen Smith & Jill Sirianni

Journey To Launch

Jamila Souffrant

Finances, Business, Realestateinvesting, Entrepreneurship, Earlyretirement, Investing, Budgeting, Wealth

5 • 1.7K Ratings

🗓️ 8 January 2025

⏱️ 51 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

This week on the Journey to Launch Podcast, I’m joined by Jen Smith and Jill Sirianni, co-hosts of the Frugal Friends podcast and authors of Buy What You Love Without Going Broke. We dive into the true meaning of frugality, breaking away from the common perception of it being about deprivation or cheapness. Instead, Jen and Jill frame frugality as intentional, value-driven spending that supports your goals and priorities. They share insights on understanding spending habits, using a 90-day transaction inventory to uncover patterns, and how dopamine fasting can reprogram spending behaviors. Tune in for practical tips and strategies to help you spend with purpose, align your money with what truly matters, and find joy on your path to financial freedom.

In this episode you’ll learn:

That frugality is not about wanting less but wanting different and embracing the desire for big things in life. It’s about good stewardship of all resources.
The need for flexibility and fluidity in spending decisions, especially during different life stages.
How a no spend challenge can be a way to pause non-essential spending and give the brain space to ask important questions about spending behaviors.
How to align spending with deeper values such as faith, family, friends, and fulfilling work.

Transcript

Click on a timestamp to play from that location

0:00.0	We are conditioned to say wanting is bad. You should only spend money on things you need. And if you want something you can't afford it, you're irresponsible with money. And the truth is that that causes us to overspend because we don't stop spending because some affluent person on a podcast or radio show tells us we should.
0:23.9	We just rationalize it in a different way that it becomes a need. And then when we do spend money
0:29.9	on things we want, we feel guilty.
0:33.7	Welcome to the Journey to Launch podcast with your host, Jamila Sufran.
0:38.5	As a money expert who walks her talk, she helps brave journeyers like you, get out of debt, save, invest, and build real wealth.
0:48.3	Join her on the journey to launch to financial freedom in five, four, three, two, one.
1:00.6	If you want the episode show notes for this episode, go to journey to launch.com or click
1:06.4	the description of wherever you're listening to this episode.
1:09.7	In the show notes, you'll get the
1:11.5	transcribed version of the conversation, the links that we mentioned, and so much more.
1:17.0	Also, whether you are an OG journeyer or brand new to the podcast, I've created a free
1:22.2	jumpstart guide to help you on your financial freedom journey. It includes the top episodes to listen to stages to go through to reach financial freedom,
1:31.0	resources, and so much more.
1:32.5	You can go to journey tolaunch.com slash jumpstart to get your guide right now.
1:38.2	Okay, let's hop into the episode.
1:41.9	Hey, hey, hey, journeyers.
1:43.3	Welcome to the Journey to Launch podcast. Today I have on Jen Smith and Jill Siriani, their co-host of the top rated Frugal Friends podcast. They have over 400 episodes and 7 million downloads. Jen, you've been on the podcast before. I looked it up. Of course, I just forgot the number, but I'm going to put in the episode show notes so people can check back there.
2:03.6	But you guys talk all about frugality, but making frugality cool, making it a superpower that we can use towards our journey to financial freedom.
2:14.2	Jen Smith is a personal finance expert who, along with her husband, paid off $78,000 worth of debt while facing unemployment and buying a house. We did talk about that in that Journey's Launch episode that I'll link in the show notes. And Jill is a licensed clinical social worker who enjoys exploring the connections between our money, behaviors, and mental health. They are now
2:35.0	authors of the brand new book, Buy What You Love Without Going Broke. And I'm happy to have them on the
2:40.3	podcast. So welcome. Thanks for having us. Yeah, so excited to be here, Jamila. I just love
2:46.0	getting to chat with you. Yeah. So listen, we're talking about the F word, as my kids will say. I think I have my kids
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Jamila Souffrant, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Jamila Souffrant and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.