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The Personal Finance Podcast · July 6 · 51 min

The Best and Worst Frugal Habits (Ranked!)

Most people think being frugal means cutting every expense. The truth is, some frugal habits build wealth while others actually keep you poor. 👉 Join Andrew’s FREE Investing for Beginner’s Masterclass: https://event.webinarjam.com/q05p7/register/0o8z9io?webinar_id=21 What You'll Learn in This Episode The difference between being frugal and simply being cheap Which everyday habits actually move the needle on your net worth Why your time is often worth more than saving a few dollars The highest ROI frugal habits that can save you thousands every year How to spend more on the things you truly value while cutting back elsewhere Which "money-saving" habits are secretly wasting your time and energy Andrew's S-Tier, A-Tier, B-Tier, C-Tier, D-Tier, and F-Tier rankings for 27 popular frugal habits Start Here Join the community built to help you master your money, stay accountable, and reach financial freedom. 👉 Try Master Money Academy FREE for 7 days today!https://mastermoney.co/join/ 👉 Join Andrew’s FREE Investing for Beginners Masterclass https://event.webinarjam.com/q05p7/register/0o8z9io?webinar_id=21 👉 Join The Master Money Newsletter where you will become smarter with your money in 5 minutes or less per week Here! https://expert-hustler-605.ck.page/6aa7bb9a79 Partner Deals Indeed → Get a $75 sponsored job credit http://Indeed.com/personalfinance Wayfair → Up to 60% off | MEMORIAL DAY WAREHOUSE CLEAROUT http://wayfair.com Policygenius → Free life insurance quote http://policygenius.com Chime → Get more rewarding fee-free banking at https://www.chime.com/PFP Monarch Money → The all-in-one financial tool + Get 50% Off at http://www.monarch.com/PFP Scribe → Sign up for a 30-day risk-free trial ⁠⁠http://www.scribe.how/pfp ⁠ DeleteMe → 20% off with code PFP https://joindeleteme.com/PFP20/ Resource/s Mentioned Favorite Credit Cards https://milevalue.com/best-credit-cards/?aff=mastermoney#favorites Car Insurance Comparison https://secure.money.com/pr/gc43ce394da5 Book/s Mentioned Early Retirement Extreme Think and Grow Rich by Napoleon Hill Episode/s Mentioned How to Negotiate Your Bills (and SAVE 6-Figures!) https://youtu.be/bgIcmuK7FK8 Why You Should Negotiate Every Bill With Nicole Lapin https://mastermoney.co/the-personal-finance/why-you-should-negotiate-every-bill-with-nicole-lapin/ How to Negotiate Your Rent Like A Pro (and win the negotiation!) https://mastermoney.co/the-personal-finance/how-to-negotiate-your-rent-like-a-pro-and-win-the-negotiation/ Watch Next She Hit Rock Bottom and Still Built a Six-Figure Life. Here's How. (With Rebecca Whitman) https://youtu.be/wBACCFI2w5s How do Your Finances Compare by Age?! (Salary, Debt, Net Worth, Credit, Home) https://youtu.be/Z10g-yd76nk How to Retire in 10 Years or Less! https://youtu.be/nStwD03vJ64 The Hidden Cost of Playing It Safe with Your Money with Ben Carlson https://youtu.be/LG1Jr2xeuDo The Patient Investor's Playbook with Noah Kerner - CEO of Acorns https://youtu.be/l5YZy2q_aVY Connect with Andrew Instagram → https://bit.ly/Skool-Instagram TikTok → https://bit.ly/Skool-TikTok Facebook → https://bit.ly/Skool-Facebook Podcast → https://bit.ly/Skool-Podcast Youtube → bit.ly/Skool-Youtube Newsletter → https://bit.ly/Skool-Newsletter Website →⁠ https://mastermoney.co ⁠ X → ⁠https://x.com/mastermoneyco LinkedIn →⁠ ⁠⁠https://www.linkedin.com/in/andrew-giancola-45027b340 Question for you: Which frugal habit has made the biggest difference in your finances and which one do you think is a complete waste of time? Learn more about your ad choices. Visit megaphone.fm/adchoices

0:00-51:28

transcript

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show notes

Most people think being frugal means cutting every expense. The truth is, some frugal habits build wealth while others actually keep you poor.


👉 Join Andrew’s FREE Investing for Beginner’s Masterclass: https://event.webinarjam.com/q05p7/register/0o8z9io?webinar_id=21 


What You'll Learn in This Episode


  • The difference between being frugal and simply being cheap
  • Which everyday habits actually move the needle on your net worth
  • Why your time is often worth more than saving a few dollars
  • The highest ROI frugal habits that can save you thousands every year
  • How to spend more on the things you truly value while cutting back elsewhere
  • Which "money-saving" habits are secretly wasting your time and energy
  • Andrew's S-Tier, A-Tier, B-Tier, C-Tier, D-Tier, and F-Tier rankings for 27 popular frugal habits

Start Here 

Join the community built to help you master your money, stay accountable, and reach financial freedom.  


👉 Try Master Money Academy FREE for 7 days today!https://mastermoney.co/join/

👉 Join Andrew’s FREE Investing for Beginners Masterclass https://event.webinarjam.com/q05p7/register/0o8z9io?webinar_id=21

👉 Join The Master Money Newsletter where you will become smarter with your money in 5 minutes or less per week Here! https://expert-hustler-605.ck.page/6aa7bb9a79


Partner Deals

 


Resource/s Mentioned



Book/s Mentioned


  • Early Retirement Extreme 
  • Think and Grow Rich by Napoleon Hill


Episode/s Mentioned



Watch Next



Connect with Andrew



Question for you:

Which frugal habit has made the biggest difference in your finances and which one do you think is a complete waste of time?

Learn more about your ad choices. Visit megaphone.fm/adchoices

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