How do you reduce expenses?
How do you reduce expenses?
Spend more
Trust me, it works
Cancel as many crappy subscription services you can a lot of people have Dropbox or some vpn service they signed up for that they don't really use.
This. Invest in yourself.
Don't like cleaning up after yourself? Hire a maid. Don't like driving? Hire a taxi. Don't like grocery shopping? Hire an agent.
Some of these plebs are ridiculous trying to make money with money. Money is meant to be spent, it's the only reason to have it and nothing is worth spending money on besides yourself and your wants and needs.
Grocery budget that removes all processed empty calories
Meal prep insread of eating out.
Get hobbies that don't cost anything or only have start up costs and then cost nothing or hobbies that you can intertwine with other healthy frugal goals, such as camping/weightlifting/biking/cooking
Do multiple errands in a single trip to save fuel.
Use box fans and electric blankets instead of whole house AC and heat.
Don't have any kind of subscription entertainment services other than internet.
Learn how to do your own car maintenance
like Netflix?
Sort out a budget plan, don't be tempted by the consumerism around you, only buy what you need to and cut out the extra. Favorably, minimalist living.
This user gets it.
Invest in more efficient equipment or get other people to do the work for you.
Reevaluate all of your recurring expenses. Most of recurring expenses can be downsized. Also take note of how many times a week you dine out, go to the movies, etc, and cut it by some extent. Don't stop dining out, buying superfluous, just take note in a month how many times and how much you spend on this and cut by, say, 50% to start with. Everything which implies a radical change like cutting everything won't last, so go in baby steps.
A tactic I used starting in 2015.
Lists
I did a list of everything I want to buy that year (in mine I had some guitar, videogames) and also on top of this list I put how much $$$ I wanted saved by the end of the year.
What happened is, some things I wanted from the list I scratched, it was just an unnecessary want most of them, and I saved more than I proposed myself to save.
Put this list in Evernote, Notes in iPhone, Google Drive/what have you and always keep it current and always look at it so you will be reminded all the time.