Show notes
In this discussion with Haley and Justin, we cover many topics, including:
- How they were each raised by single moms and not taught anything about money. They saw their parents suffering, and they wanted more.
- How they got a $600K inheritance and quickly blew it without really knowing where it went.
- Lifestyle inflation.
- No matter how much money you have, if you don’t know how to handle your money, you could have some serious regrets.
- They are still paying for their past decisions.
- How to find fulfillment with less stuff.
- They are happier now, living on less.
- They are doing things for the future.
- They have made some serious sacrifices to get their shit together.
- Their money mistakes were so big, and now they are so close to being debt-free.
- The debt has been an enormous burden.
- Why they don’t follow Dave Ramsey anymore.
- Leading with shame and guilt to improve your finances versus leading with inspiration and positive encouragement.
- People think the more money you have, the happier you’ll be, but not the case.
- Their recent decision to sell their money and move to an area with a lower cost of living. This is a massive financial power move!
- They learned to budget.
- The importance of having financial literacy in school and teacher curriculum.
Show References:
- Price of Avocado Toast on Instagram
- Price of Avocado Toast podcast on Apple Podcasts.
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Other Links
Maggie’s Blog: Mostly Minimal Life
Mike’s Book: Your New Relationship with Money