How rigid are your money habits? What will happen when your “optimized” financial situation comes crashing down because you didn’t think about what could possibly go wrong in the future? Beyond that, does the stuff we own, own us or set us free? How can we strive to be more financially flexible and what strategies can we use to get there? Those are some great questions and today we’ll answer them all, because today our roundtable discusses a piece about financial flexibility, both philosophically and practically. Andy Hill from Marriage Kids and Money joins Paula and OG to share their favorite tips and hacks to help you become more financially flexible.
We’ll also hear some of Doug’s book related trivia, and it’s all from our live recording from the Fireside app!
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Our Topic: Financial Flexibility
How To Build Financial Flexibility Into Your Life (Best Wallet Hacks)
During our conversation you’ll hear us mention the below ways this author says you can build financial flexibility into your life:
- Rent instead of owning
- Save aggressively
- Give Loyalty Sparingly, if at All
- Protect Yourself at All Costs
- Build Up That Emergency Plan
A big thanks to our contributors! You can check out more links for our guests below.
Check Out Paula’s site and amazing podcast: AffordAnything.com
Follow Paula on Twitter: @AffordAnything
Doug’s Game Show Trivia
- What year did Penguin Random House publish its first book?
Thanks to MagnifyMoney.com for sponsoring Stacking Benjamins. MagnifyMoney.com saves users on average $450 when they compare, ditch, switch and save on credit cards, student loan refinancing, checking, savings and more. Check out MagnifyMoney.com for your savings.
A big thanks to our contributors for sharing their financial flexibility tips!
Miss our last show? Check it out here: From Bankrupt to 6-Figure CEO Coach (with Brandy Mabra).
Written by: Brooke Miller