The Money Nerds

*Revisit* Saving 50% of Your Income (While Making Less Than $40K) | Lillian Karabaic


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As the host of Oh My Dollar!, a weekly financial advice radio show and podcast, Lillian has built a reputation

for talking money without being boring or stiff- covering the kinds of modern money issues that face millennials, such as retirement planning in the gig economy, choosing a budgeting app, parental leave in a feminist household, and how to pay back six figures of student loan debt.

In her twenties she had 40 jobs, including dishwasher, stripper economist, social worker, tax preparer, organic farmer, bagel deliverer, zine librarian, database wizard, and bicycle valet. She has lived in a geodesic dome made of recycled political yard signs and ridden trains in 31 countries. She is pretty good at saving money. Her book, Get Your Money Together, is an illustrated workbook filled with cats explaining purrsonal finance- everything from budgeting to investing. And was 200% funded on Kickstarter.

In this episode we talk about why she chose to use cats for explaining personal finance, how she has made giving and helping other’s a foundation in her life, why private schools are sometimes more affordable than public schools, avoiding lifestyle inflation, how she has been able to save 50% of her income, why we all have budget constraints but don’t always operate that way, advise for people leasing cars, and even saving money on groceries (especially if you are vegetarian).


Resources

Lillian’s Website

Get your hands on her awesome book!


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The Money NerdsBy Whitney Hansen

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