Your Money of Your Life Wk 1: The Money Trap

Our first Frugal Moms ² Book Club selection is Your Money or Your Life by Joe Dominguez and Vicki RobinIf someone held you at gunpoint and demanded your money or your life, which would you choose? It’s a trick question. It implies that you have to choose one or the other. But what if you didn’t have to?

“There is a way to approach life so that when asked “Your money or your life?” you say, ‘I’ll take both, thank you!'” ~Joe Dominguez and Vicki Robin

That’s why we’re here. We want both! That said, this book can be a tough read. It’s hard work. It asks some hard questions and sometimes presents viewpoints you might not completely agree with. It also has lots of homework! I ask you to slog through the hard parts, and commit yourself to getting through the book, so you too can say, “I’ll take both, please!”

Let’s get started. Continue reading →


Your Money or Your Life Wk 1: Introduction

Welcome to Frugal Moms²!

A big flower for our Frugal Moms² Book Club Friends!

Welcome to our first Frugal Moms² Book Club Discussion/Read Along! We’re glad to have you with us! Please note that there is still time to win one of two copies of our first book selection, Your Money or Your Life by Joe Dominguez and Vicki Robin! For full details, see this post.

The Book Club: 
This is something new, so there’s bound to be some learning, stretching and mistakes involved (at least on my part!) Here’s what you can expect: Continue reading →


Frugal Moms² Book Club & Giveaway!

Our first Frugal Moms ² Book Club selection is Your Money or Your Life by Joe Dominguez and Vicki Robin

Guess what? We’re starting a Frugal Moms² Book Club! Every week, we’ll read and discuss a chapter of some of the best frugal books ever written! Our first few books are all listed in my recent article on Five Frugal Books Worth Reading (and Re-reading).

Here’s the schedule through early next year:
August 10- October 11: Your Money or Your Life by Joe Dominguez and Vicki Robin
October 5-December 7: Unplug the Christmas Machine by Jo Robinson and Jean C. Staeheli (will overlap slightly)
January 4 -April 4: The Total Money Makeover by Dave Ramsey

And we’re kicking it all off by giving away TWO copies of Your Money or Your Life by Joe Dominguez and Vicki Robin to two lucky winners!

Update: The winners are: Marie and Dee! (Debbie was originally picked but already had a copy!)

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My Epic Journey Out of $30,000 of Debt

No matter how long you’ve been frugal, just about everyone wrestles with large bills and debts at some point in their lives. You’ll be going along fine and something blows you out of the water. Maybe it just wipes out the emergency fund, or maybe it does a whole lot more damage, leaving you in a deep dark hole that you slowly have to dig out of. It could be medical, legal, or some act of God that just cleans you out above and beyond anything you can prepare for. (I live in Tornado land, I’ve seen this first hand!)

In my case, I was hit with a string of huge life events over several years that made it feel like I would never climb my way back out of that hole. And let me tell you, the truth really is stranger than fiction. I could not make up the crazy stuff that’s happened to me in the past few years. If I can pay off $30,000 in medical, credit card and consumer debt, anyone can. Let me tell you my story.

Spending some family time hiking at Starved Rock State Park shortly after the divorce.

Me and my older boys at Starved Rock State Park shortly after the divorce.

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5 Frugal Books Worth Reading (And Re-Reading!)

5 great frugal books worth reading and rereading
Whether you’re new to frugality, or an old hand at it, there are certain books that are classics in this niche. They’re worth reading if you haven’t gotten around to it. They’re also worth re-reading, especially if you’re feeling like you’ve lost your frugal “mojo”. Reading just a few pages a day of any of the following books is a great way to refresh your frugal soul, generate new ideas and get excited again about your frugal journey. It can also help you reconnect with why you’re frugal in the first place.

Sometimes we all need that extra boost, especially in a society where we are constantly bombarded by advertisements telling us we need more, and that we’re somehow not enough. So grab a copy from the library, your kindle, your bookshelf or your favorite used bookstore and rekindle your frugal fires!

Update 8/6/2015: I’m excited to announce that we’ll be reading through most of these books in the next 6 months on Frugal Moms²! I’ll have more details soon!

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