America’s Top 10 Hobbies - How Frugal Can They Be? - Ep 27

11 months ago
41

What are America's top 10 hobbies? Can they be frugal? In this episode of the HopeFilled Financial Podcast, we take a look at America's top 10 hobbies (according to Statista) and see ask if they are helping us maximize our happiness and utility per dollar.

Most popular hobbies & activities in the U.S. as of March 2023: https://www.statista.com/statistics/997050/most-popular-hobbies-and-activities-in-the-us/

In the story today, Jay shares the most expensive hobby he has ever had - bowling! How expensive do you think a proper bowling ball costs a competitive bowler? How expensive is the practice required to become a 200 average tournament competitor?

The budget tip of the day is to make a line item for your hobbies so that you can see how much they are costing you, OR give yourself permission to spend what you want on your hobbies. Hobbies can become illusive if we don't call them out specifically in our budgets. Giving them a home and a name in our financial plan is a prudent step. Your wallet and Robbie health will thank you.

The listener question asks if it is wrong to be wealthy. Jay's answer may surprise you. Do you think it is wrong to be wealthy?

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Disclaimer: This podcast serves as educational entertainment only. Any and all opinions relating to real estate, law, taxes, insurance, and/or securities investing that may be contained within this podcast should not be interpreted or implemented as recommendations nor advice. The opinions related to these topics – especially those regulated by state and/or federal entities – should never be taken as replacement for advice from a competent, licensed professional. HopeFilled Financial Coaching is not liable for any individual acting on any understanding of topics directly or indirectly related to real estate, legal practice, taxes, insurance, or investing even if an individual in question changed their understanding after listening to this podcast. All listeners are entirely responsible for seeking advice from licensed professionals before taking any action of their own.

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Music: "Take Me Higher" by Jahzzar

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