Frugal and Fabulous – EP 07

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martinis and your money

Frugal and Fabulous

On today’s podcast, I speak with Mr. and Mrs. Frugalwoods from the personal finance blog, Frugalwoods. They are on the path to financial freedom by the age of 33, which for them is only three years away. I had a lot of great takeaways from this chat, but my favorite quote from Mrs. Frugalwoods to describe the two of them was, “We are frugal weirdos and proud!”

The Frugal-tini

The frugal-tini is essentially a gimlet, and it’s the most frugal martini I could think of as it only requires gin or vodka and a lime.

  • 2 oz of Gin or Vodka
  • 1 oz of fresh lime juice

Shake on ice and serve in a martini glass

*If you want to make a non-alchoholic version of this, you can just shake up some limeade on ice and it will taste about the same.

Podcast Notes

Mr. and Mrs. Frugalwoods share a number of things including:

  • How they met each other and when their frugality started
  • The anticipated location of their future homestead and what they plan to do on it
  • Why they’re lifestyle is “alternative” when it shouldn’t be
  • Why goal setting is so important in the pursuit of financial freedom
  • How much they think they will live on when they are financially free

Random Three Questions Answered by The Frugalwoods

  1. Describe the perfect Frugalwoods date?
  2. What is the best gift you ever received from the other person?
  3. What is your favorite movie or tv show to watch?

PS: Here is the pic of the necklace Mrs. Frugalwoods referenced.

MrsFW_necklace

Do you live a frugal lifestyle? Why do you think the word frugal gets such a bad rap?

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Shannon is a financial planner who left a “traditional” financial services firm to start her own company, The Financial Gym, because she felt traditional financial services firms did not have the tools or resources to help people in their 20s and 30s who are starting out and trying to build assets while also managing debt. She realized that the key to long-term personal financial success is a commitment to financial fitness and making smart financial choices. Through her blog, Financially Blonde, her book, Train Your Way To Financial Fitness, her podcast, Martinis and Your Money and The Financial Gym, Shannon is committed to making financial fitness fun, easy and accessible for everyone.

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