How to Money Financial Freedom on Less than $40k w/ Hope Ware #1034
Sep 10, 2025
Hope Ware, who runs the site and YouTube channel Under the Median with her husband Larry, shares her journey of achieving financial freedom on a modest income. They discuss practical strategies for living joyfully on less than $40k, including proactive budgeting and setting financial goals. Hope emphasizes the importance of teaching kids about money management and the emotional triggers behind spending. With tips on balancing frugality and wealth-building, she proves that a fulfilling lifestyle is possible without breaking the bank.
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Prioritize Joyful Spending
- Prioritize spending by deciding what matters most and budgeting toward those priorities.
- Plan and set aside money each month for the things you value so you can joyfully spend on them.
Almost Broke Right After Marriage
- Two months after marrying, Hope found $32.50 in their account and realized they were nearly broke.
- That moment catalyzed their decision to overhaul spending and live within their means.
Track First, Cut Later
- Track every dollar for 30 days to find where your money actually goes instead of estimating.
- Use that data to set mini goals and substitute cheaper activities so you don't feel deprived.
