#51 8 Ways to Cut Your Expenses
There is a lot in the news at the moment about inflation and rising interest rates.
Something that I do on an annual basis, regardless of what is happening in the ecomomy, is an Expenses Diet :-)
In this episode I give you a taste of what I do, and 8 Ways you can cut your own expenses.
Here are the 8 areas I focus on in this episode:
- Interest rates
- Insurances
- Groceries
- Phone and Internet
- Selling stuff (this is an outlier, as it's about making money)
- Buy secondhand
- Family cooking nights, with lunch leftovers
- Picnics to eat out
It feels good to trim the financial fat, and it's something that you can do every year. It's amazing how spend creep happens.
An important part of this is also looking for the benefits in what this gives you (beyond just the financial benefit) - it could be spending more quality time with family, supporting local businesses, etc. The energy and mindset around this will also feel better, where you are helping both yourself and others.
