The Side Hustle Show cover image

The Side Hustle Show

660: How to Stop Spending Money

Mar 10, 2025
Jen Smith, co-host of the Frugal Friends podcast and co-author of "Buy What You Love Without Going Broke," dives into practical strategies for cutting unnecessary spending. She discusses the power of expense tracking and mindful budgeting. Jen highlights the importance of analyzing past spending habits and introducing no-spend challenges to raise awareness. She shares insights on negotiating major expenses, the benefits of buying secondhand, and the psychology of spending, all aimed at empowering listeners to take control of their finances.
57:55

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Effective expense tracking and budgeting can reveal spending habits, guiding individuals to make informed financial decisions.
  • Developing a flexible spending plan allows individuals to allocate funds towards financial goals without feeling restricted by strict categories.

Deep dives

Leveraging Airbnb for Extra Income

Utilizing Airbnb's co-host network can transform an empty home into a source of income while traveling. Many homeowners struggle with the idea of leaving their properties unoccupied, especially when these assets could be generating revenue. By hiring a professional local co-host, property owners can benefit from services such as listing management, guest communication, and space styling. This means generating extra income without the stress of day-to-day property management, making it an appealing side hustle solution.

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