Cut down your expenses - Another... - Deepstash

  • Cut down your expenses - Another way to save a little and ensure you're spending on what's important to you is to rank your expenses. Consider the money you'd save on those expenses, and what it would look like to put it toward one of your goals instead.
  • Stop timing the market - when the stock market starts getting rocky, it's natural to want to pull back to "save" money. Rather than letting your nerves get the best of you, think of a down market as a buying opportunity . At the very least, don't get spooked and pull your money out of your investments. Your bottom line will thank you.

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noviceinvestor

Income. Save. Invest. Spend 💡~ Making Careers & Investing Simpler

The idea is part of this collection:

Survival Tips

Learn more about personaldevelopment with this collection

Basic survival skills

How to prioritize needs in survival situations

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To ensure that you save enough money, your wants should not exceed your budget.

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Categorizing Your Current Spending

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It's important to have an overview of your money and where it's being spent. It's possible to fit your expenses into these four categories:

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Changing Your Attitude To Save Money

Changing Your Attitude To Save Money

Be grateful for the money you have rather than complaining about not having enough. A simple change of attitude can help you to manifest more money and cut expenses.

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