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The Side Hustle Show

660: How to Stop Spending Money

The Side Hustle Show

Nick Loper

Business, Education, Entrepreneurship, How To

4.7 • 1.6K Ratings

🗓️ 10 March 2025

⏱️ 58 minutes

🧾️ Download transcript

Summary

It’s easy to get caught up in the habit of spending without thinking. But the good news is, it’s totally possible to break the cycle. In this episode, we’re going to share simple, practical ways to stop spending money and start saving. These strategies come from real experience and expert advice, so you know they actually work. Full Show Notes: How To Stop Spending Money New to the Show? Get your personalized money-making playlist here! Sponsors: Airbnb — Discover how much your home could be worth and find a professional co-host today! Mint Mobile — Cut your wireless bill to $15 a month! Indeed – Start hiring NOW with a $75 sponsored job credit to upgrade your job post! OpenPhone — Get 20% off of your first 6 months! Shopify — Sign up for a $1 per month trial!

Transcript

Click on a timestamp to play from that location

0:00.0

One of the fastest ways to make extra money, just stop spending as much. It goes straight to your

0:05.0

bottom line. Hey, and you didn't even have to come up with a new business idea. Today, we're talking

0:08.9

tactical and creative money saving hacks with a longtime listener, a serial side hustler. She's the co-host of

0:15.2

the Fugel Friends podcast and co-author of the new book, Buy What You Love Without Going Broke.

0:21.5

Jen Smith, welcome to The Side Hustle Show.

0:23.7

Nick, thanks so much for having me.

0:25.2

This is for sure a full circle moment for me.

0:29.1

Well, it's been a long time coming.

0:31.0

Appreciate you joining me today.

0:32.6

I think we both are in agreement that it's important to take a holistic view of personal finance,

0:37.3

thinking of

0:37.8

yourself as the CEO or the CFO of your own life, and really taking charge of your personal

0:43.5

profitability, which of course includes the revenue side, which we've got hundreds and hundreds

0:48.0

of episodes about increasing your income, but it also includes the expense side, which we typically

0:53.2

don't talk a lot about. And with that,

0:56.6

I want to tee it up to you for suggestion number one on how to spend less money or start

1:01.5

saving more or maybe a foundation that you need to lay on this mission to get the spending

1:07.1

in check. Yeah, I love side hustling, but you're right. When you focus on the

1:13.1

expense side, that's the lowest barrier to entry. And you can start seeing more margin between

1:18.7

your income and expenses faster when you stop spending money than if you're just focused on

1:24.9

side hustles. So what we tell everyone to do is, yes, first,

1:31.0

track every expense, but not just your current expenses and your future expenses. First,

...

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