On Being Frugal and Smart Money Moves in Life and Business with Eric Ridenour

In business, we always make that mistake of mismanaging money. Whether it’s a misguided purchase or just poor projection, a lot of us struggle to really “get this right”. If you are one of us, then this podcast is for you.

Eric is a digital marketing strategist who supports two families in Peru and USA, and is open about sharing his tips on frugality and money management on social media. His recent post about budgeting a $1500 a month budget in Texas got mixed reactions from people, and it led me to find him and pick his brain on the topic of frugality.

(Now, while that budget seems like a lot in some countries, in the USA many will consider this on the lower end.)

In this episode, we discuss…

• His story on spending time in a developed and in a developing country, how different it was, and his theory on why immigrants have a higher likelihood of success in the US
• Do you need to be broke to be frugal? Or do you need to be frugal so you don’t become broke?
• Some stupid money decisions we’ve made in the past (yes I shared some of mine, too!)
• Why some people refuse to be frugal, and why there is a negative viewpoint on this
• Tools and resources that help with budgeting and staying frugal

Follow Eric and his musings here: https://www.facebook.com/ericridenour333

And let me know what you think of this episode! Drop a comment, reply, a rating or send me a DM on Instagram: https://www.instagram.com/karlastefan/