Kerry K. Taylor, author of 397 Ways to Save Money and creator of financial blog Squawkfox joins Tom Dziubek today to discuss her book, currently available from Amazon.ca. Kerry explains how she paid off $17,000 of debt in six months and how to make drastic life changes. She also shares some of her favorite tips from 397 Ways to Save Money.
Banking Deal: Earn 1.30% APY on an FDIC-insured savings account at Synchrony Bank.
To listen, use the player above (Adobe Flash required), download the podcast here, subscribe to the podcast RSS feed, or use the iTunes link. Note: open links in a new window (Ctrl-click or Command-click) to avoid interrupting the podcast.
[00:00] Introduction from Flexo
[00:39] Interview with Kerry K. Taylor of Squawkfox
[01:33] — Paying off $17,000 of debt in six months
[03:34] — Negotiating your first salary offer
[04:47] — Maintaining a student lifestyle and standard of living
[05:57] — Using any available tax credits and saving for retirement
[08:18] — Moving to an organic farm and making other drastic life changes
[11:36] — 397 Ways to Save Money
[13:55] — How renting an apartment can make you rich
[17:00] — How management fees deplete returns from your investments
[18:07] — Other surprising tips from 397 Ways to Save Money
[19:06] — Is the recent popularity of frugality just a fad?
Updated June 24, 2016 and originally published May 31, 2009.