4 Types of Expenses (But Only 1 You Need To Cut!) - Deepstash

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4 Types of Expenses (But Only 1 You Need To Cut!)

http://www.budgetsaresexy.com/4-types-of-expenses-not-all-bad/

budgetsaresexy.com

4 Types of Expenses (But Only 1 You Need To Cut!)
On Monday we covered the four pillars of freedom, and then lo and behold I get a press release this morning on the four types of expenses!

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There are four types of expenses, and only one of them needs to be cut đź’¸

  1. Lifestyle Expenses: eating out, vacations, entertainment etc.
  2. Protective Expenses: health, car and house insurances or emergency funds.
  3. Productive Expenses: things that improve your life for the long term -  investing in your education or career.
  4. Destructive Expenses: the bad boys of the group -  nasty habits/vices, credit card debts, memberships you never use, and anything taking money without giving anything back in return.

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