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Frugal Friends Podcast

Got Extra Cash? Here's What to do With It

Frugal Friends Podcast

Jen Smith & Jill Sirianni | Backyard Ventures

Leisure, Business, Home & Garden, Investing

4.61.2K Ratings

🗓️ 10 April 2026

⏱️ 50 minutes

🧾️ Download transcript

Summary

Windfalls come once in a blue moon. When they do, it feels like hitting the jackpot—suddenly anything seems possible. But if we don’t use them wisely, they can disappear just as fast as they arrived. In this episode, we’re walking through exactly what to do with extra cash so it actually improves your life!


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https://www.frugalfriendspodcast.com/order-buy-what-you-love-without-going-broke/

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Transcript

Click on a timestamp to play from that location

0:00.0

Ready to launch your business? Get started with the commerce platform made for entrepreneurs.

0:04.8

Shopify is specially designed to help you start, run and grow your business with easy customizable themes that let you build your brand.

0:12.5

Marketing tools that get your products out there. Integrated shipping solutions that actually save you time.

0:17.5

From startups to scaleups, online, in person, and on the go. Shopify is made for

0:22.9

entrepreneurs like you. Sign up for your $1 a month trial at Shopify.com slash setup.

0:29.8

Got extra cash? Here's what to do with it.

0:36.9

Welcome to the Frugal Friends podcast, where you'll learn to save money,

0:41.1

embrace simplicity, and live a rich in your life.

0:46.5

Here are your host, Jen and Jill.

0:53.8

Welcome, Frugal Friends. I'm Jen. I'm Jill. And according to a study I read on Yahoo Finance,

1:01.9

the average tax refund this year is about 10% bigger than last year. And so this might be the time

1:09.2

some of you just got a tax refund. Maybe you were expecting

1:12.3

a tax refund pretty soon. Or if you just have extra cash from a bonus or, I mean, congratulations

1:21.1

if you got a bonus, or just any, maybe won the lottery. I don't know. We are going to walk you through this step-by-step

1:30.1

ladder on what you should do with extra cash, whether it is a one-time extra cash, or if it's like

1:36.6

you don't have to pay for daycare anymore and you have a thousand extra dollars a month or more

1:42.5

to do something with, we're going to walk you through how to spend

1:46.6

that extra cash. Whether it's $200 to $5,000 or like you said, extra money every month. Yeah,

1:53.1

one of the options is just to spend it. And that is on the list. Yeah, don't worry. We've got that

1:59.3

here. It's somewhere there. But here's a quick

2:01.2

framework for you. But first, mugs. We have a mug that we don't sell. We just give away.

2:08.5

We only give this mug away. And here it is. I've had it for in a huge box. Literally,

...

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