#96: Is Now the Time for a Spending Fast?

05/03/20 • 28 min

About the Episode:

In this episode, we’re joined by guest Sarah Piercy (listen to episode 76), who explains why she did a spending fast (twice!), how it changed her and her family, and what lessons she learned through it.
We’ll explain what a spending fast is and if now is the right time to embark on one.
Hear practical steps and encouragement from Sarah if you’re looking to do a spending fast.

Resources:
BOOK: I Was Broke. Now I’m Not.
United & Untied
COVID-19 Resources
TOOLS: Budgeting
IWBNIN Ladder

Related Monday Money Tip Podcast Episodes:
Episode 01: Creating a Budget That Actually Works
Episode 29: All About Budgeting
Episode 76: Spending Fast
Episode 83: Money Saving Tips
Episode 91: COVID-19 & 10 Financial Steps You Can Take Now
Episode 92: Help! I Can’t Pay My Bills
Episode 93: How to Maximize Your CARES Act Cash
Episode 95: Winning With Money During a Recession

Sarah Piercy’s Bio
Sarah spent almost a decade in ministry as the Executive Assistant to the Lead Pastor of a growing church in Ontario, Canada, before welcoming her first son. She digs into her faith, her relationships, and herself to grow, and she’s known for challenging herself with life-experiments to make personal progress. Sarah continues to work part-time as an Executive Assistant, and on any given day, you’ll find her wearing many hats. Wife, mother, professional, personal chef, housekeeper, and - when she carves out that golden margin - she loves to write about her exploration of what makes life rich, meaningful, and worth living. She lives with her husband and two boys (with another sweet baby on the way) just north of Toronto.

Follow Sarah at
Website: United & Untied
Instagram: @sarahvpiercy
Twitter: @sarahvpiercy
Facebook: /sarahvpiercy

Email [email protected] to ask questions or share success stories.

About the Episode:

In this episode, we’re joined by guest Sarah Piercy (listen to episode 76), who explains why she did a spending fast (twice!), how it changed her and her family, and what lessons she learned through it.
We’ll explain what a spending fast is and if now is the right time to embark on one.
Hear practical steps and encouragement from Sarah if you’re looking to do a spending fast.

Follow Sarah at
Website: United & Untied
Instagram: @sarahvpiercy
Twitter: @sarahvpiercy
Facebook: /sarahvpiercy

Email [email protected] to ask questions or share success stories.

Previous Episode

#95: Winning With Money During a Recession

About the Episode:

Today, we’re talking about what you need to do with your money during this type of economy since it appears like it’s going to take a while to recover from the Coronavirus Recession.
In our Current Money Events segment, we’re giving an Coronavirus update as it applies to your finances.
Our success story comes from all our small business friends who have been able to receive the money from the Paycheck Protection Program.

Resources:
Grad Special
COVID-19 Resources
TOOLS: Budgeting
FB Live: High School Students & Money
FB Live: College Students & Money
FB Live: Maximize CARES Act Cash
BOOK: Oxen: The Key to an Abundant Harvest
IWBNIN Ladder

Verse: “Let Pharaoh appoint commissioners over the land to take a fifth of the harvest of Egypt during the seven years of abundance.” - Genesis 41:34

Email [email protected] to ask questions or share success stories.

Next Episode

#97: Non-Traditional Investments

About the Episode:

In this episode, we’re discussing alternative ways to invest. Learn how you can diversify your investments moving forward.
In our Current Money Events segment, we’re updating you on interest rates (mortgages, savings, and CDs).
Our success story comes from Sean and Laura, who were able to save $720 on their car insurance!

Resources:
BOOK: I Was Broke. Now I’m Not.
COVID-19 Resources
TOOLS: Budgeting
IWBNIN Ladder
0% Balance Transfer Credit Cards
NEXT STEPS: Online Banks
BOOK: Oxen: The Key to An Abundant Harvest
Bigger Pockets
Joe’s Current Investments
Kitco