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Radical Personal Finance

The Benefits of Minimalism as a Financial Plan: Interview about Living Car-Free and in Tiny Houses with Tammy Strobel from Rowdy Kittens RPF0105

Radical Personal Finance

Joshua J. Sheats, MSFS, CFP, CLU, ChFC, CASL, RHU, REBC, CAP

Self-improvement, Business, Education, Investing

4.21.9K Ratings

🗓️ 18 November 2014

⏱️ 67 minutes

🧾️ Download transcript

Summary

What can you do if you're feeling a bit stuck financially? Basically stuck in the rat race? Expenses about equal to income and some debt hanging on?

Well, one strategy you could pursue would be to dramatically reduce your expenses by getting rid of your stuff, downsizing into a "tiny house," and getting rid of your cars.

Today's guest did that! And it ultimately led to her being able to build a lifestyle of financial freedom through entrepreneurship.

Tammy Strobel has a Bachelors of Arts in Economics, a Masters degree in Public Administration, and a Masters of Arts in Education. 

Before starting her micro-business in January of 2010, she worked in the investment management industry and in the social service sector as a peer counselor. 

As an entrepreneur, she sustains herself through writing, photography, and teaching. Over the last two years, hundreds of students have taken her e-courses to explore photography, writing, and what it means to make time and space for what matters. 

Enjoy the show!

Joshua

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Transcript

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0:00.0

What could you do if you're basically stuck in a cycle that you're not very happy with?

0:05.2

I guess the so-called rat race.

0:08.4

Don't have a lot of money, have some bills, but have some debt and don't have enough money to really make progress.

0:15.0

Well you could keep doing it or you could little by little radically transform your life,

0:21.0

sell your car, get rid of all your stuff, and move into a tiny house. Would that help you achieve

0:26.1

financial independence? Well, it worked for today's guest. Welcome to the Radical Personal Finance Podcast. Thank you for being here. My name is Joshua Sheets and today is Tuesday November our interview days on the show and today I am thrilled to bring you

0:59.4

an interview with Tammy Strobel who is author of the blog Rowdy kittens.com.

1:05.0

She's going to share with us her story toward financial freedom and how minimalism played

1:09.9

a major role. One of the themes that I've explored a couple times in the show is basically the theme of

1:23.7

requiring less and to me that's a powerful theme that we don't talk about enough

1:29.2

in modern society. There's a famous quote at the moment I can't place who it was that that originated

1:35.3

it but this simply said you know he is wealthiest not who has the most but who needs the least.

1:41.1

And so I've always been intrigued by minimalism and that's why I've done an interview with Joshua Becker

1:49.4

on the show and then now today I'm thrilled to bring an interview with Tammy

1:53.2

strobel. Tammy has a really great blog that I've read for years at Rowdy kittens

1:57.0

dot com. My favorite thing she just has beautiful photographs and I'm always

2:00.6

amazed at the photographs she takes and she takes these days all of them with her cell phone

2:04.8

So it just blows my mind how she does it. So that's what I enjoy but she also has a really neat story

2:09.6

about her transition and her financial plan and the thing her

2:13.6

financial plan and the things over the years that have worked and haven't. She has written a book on living a life that is car-free. She's also written about a lot about her and her husband's experience living in a tiny house,

2:27.0

which is those little, you've probably seen them online, cute little wooden houses, but usually that go on a trailer a very small you know a couple

2:36.0

hundred square feet or a hundred and something square feet very small very cute though

...

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