Frugal Lifestyle - Scott Trench Podcast

[Rustin Dowd]

@Scott Trench, loved your podcast. Our values and beliefs are identical. I am turning 26 this year and actually have been going through the same thing you outline in podcast and I believe you go over in your book. I loved what you said about the "default" mindset. It's a lifestyle and that doesn't mean it's not fun or cool but our default action is not always go out to eat. I actually think this life style goes much deeper than real estate. I think having this frugality mentality helps in so many other areas of your life. Yes, finances are a big part of it. But it also impacts other areas of your life like the mental, emotional, social, and physical. Mental: Do you spend your free time learning or binge watching the latest Netfilx series. Emotional: Do you spend too much time on social media getting caught up in the "daily drama". Social: Are their people in your life that you need to cut out of your life that are holding you back from reaching your full potential? Physical: Being frugal will help you eat healthier, have more energy, workout more often etc. 

I have been trying to get my friends to buy into this smart lifestyle that will set us up for success much earlier than the majority of people our age.

I have been called cheap and have even lost friendships over this. It can be hard when most of your friends do not have the same thought process that you share. I am not sure if you cover in your book but I think a big part of this lifestyle is learning how certain people in your life has expiration dates. Not trying to be harsh but if you have a goal and your are surrounding yourself with people who are not dreamer and do not support you in your goals then its time to slowly distant yourself from them. I actually played professional basketball in Australia and cam back to the states and got a Sales job. Made decent money and then jumped in to Real Estate Full time after I got cashed up. I am going to recommend all of my friends read your book. 

Thanks again for the great podcast,

Rustin