Financial Freedom on Less than $40k w/ Hope Ware #1034
How to Money
iHeartPodcasts
4.6 • 3.2K Ratings
🗓️ 10 September 2025
⏱️ 59 minutes
🧾️ Download transcript
Summary
Want to live joyfully and abundantly on a shoestring budget? Is it even possible or is it something from a bygone era?! With headlines shouting that even high income earners making $300,000 are living paycheck, achieving financial freedom on a $40,000 salary sounds like a pipe dream. But our guest today is proof that it’s possible and that you can have a good time along the way, too. Hope Ware runs the site & YouTube channel Under the Median along with her husband Larry, to instruct and inspire others to spend less, save more, and live joyfully on a mid five-figure income. She emphasizes the importance of proactively prioritizing, tracking expenses, and setting financial goals. Hope discusses the mindset shifts necessary for effective money management, the significance of teaching kids about money and the emotional aspects of spending, the importance of balancing frugality with building wealth, e-bikes, and plenty more!
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Transcript
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| 0:00.0 | This is an IHeart podcast. |
| 0:04.4 | Creativity is personal. |
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| 0:25.9 | Shop now at Lenovo.com slash back to school. Bold ideas brought to life wherever inspiration strikes. |
| 0:35.0 | What I told people, I was making a podcast about Benghazi. |
| 0:39.0 | Nine times out of ten, they called me a masochist, rolled their eyes, or just asked, why? |
| 0:45.6 | Benghazi, the truth became a web of lies. |
| 0:49.0 | From prologue projects and Pushkin Industries, this is Fiasco, Benghazi. |
| 0:54.4 | What difference at this point does it make? |
| 0:57.6 | Listen to Fiasco, Benghazi, in the IHeart Radio app, Apple Podcasts, or wherever you get your podcasts. |
| 1:04.6 | Welcome to How to Money. I'm Joel, and today we're talking financial freedom on less than 40,000 with Hopeware. |
| 1:35.0 | All right. Do you want to live joyfully and abundantly on a shoestring budget? |
| 1:36.3 | Is it even possible? |
| 1:38.6 | Or is that something from a bygone era? |
| 1:42.3 | With headlines shouting that a million dollars isn't what it used to be and folks making $300,000 living paycheck to |
| 1:46.2 | paycheck as they exist far above their means. Achieving financial independence on a $40,000 |
| 1:52.6 | salary kind of sounds like a pipe dream, right? But my guest today is proof that it's possible |
| 1:59.0 | and that you can have a good time along the way too. |
| 2:01.8 | You don't have to like have no fun. |
... |
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