10 Ways to Cut Your Monthly Expenses so you can Save and Invest More
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In this video, let’s talk about how you can save more money this 2023 so you can also invest more….(read more)
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Are you looking for ways to cut your monthly expenses so you can save and invest more? It can be challenging to find extra money in your budget, but it is possible. Here are 10 tips to help you get started.
1. Track Your Spending: The first step to cutting your monthly expenses is to track your spending. Take a look at your bank and credit card statements to see where your money is going. This will help you identify areas where you can cut back.
2. Create a Budget: Once you know where your money is going, create a budget that outlines your income and expenses. This will help you stay on track and keep your spending in check.
3. Cut Back on Eating Out: Eating out can be one of the biggest expenses in your budget. Try to limit the number of times you eat out each month and cook at home instead.
4. Reduce Your Grocery Bill: You can also reduce your grocery bill by taking advantage of store sales and coupons. Try to buy in bulk when you can and look for store brands to save money.
5. Cut Back on Entertainment Expenses: Entertainment expenses can add up quickly. Try to find free or low-cost activities to do with your friends and family instead.
6. Cancel Unnecessary Subscriptions: Take a look at all of the subscriptions you have and cancel those that you don’t need. This can help you save money each month.
7. Reduce Utility Bills: There are several ways to reduce your utility bills. Try to use energy-efficient appliances and turn off lights when you’re not using them.
8. Shop Around for Insurance: Shopping around for insurance can help you save money. Make sure to compare prices and coverage to get the best deal.
9. Negotiate Your Bills: You can also try to negotiate your bills. Contact your service providers and see if they can offer you a better deal.
10. Automate Your Savings: Finally, automate your savings. Set up automatic transfers from your checking account to your savings account each month. This will help you save without having to think about it.
By following these tips, you can cut your monthly expenses and save more money. This will give you more money to invest and help you reach your financial goals.
I am using Peso Costs Averaging in my Investing journey, NO need to STRESS out yourself, you will BUY whether the stock is in HIGHs or LOWS, no worries about the investing cycles, the MAIN thing is DISCIPLINE and CONSISTENCY, just NOMINATE a certain amount every month, in a particular date, and YOU are good to GO, why STRESS yourself, better SPEND your time with your family, and friends, make life SIMPLE…Thanks, Sir Marvin, GOD is always good…
Sir salamat ulit sa info.
Sa pag share..
The Success behind every Rich person today is the decision they made for themselves, so happy I'm enable to acquire my second house this month even as a single mom at 42 and I believe if things keep going well I would retire early…..
Mr.Marvin I have a question regarding kung pedi ba gamitin sa mga bank pang collateral ang stocks shares na pag mamayari ng isang individual?? Salamat po..
I'm glad I got into crypto when I did because it was my financial turning point. It was my best decision so far❤….
I am new to the stock market. Every stock that I bought so far, I was out of luck because I bought them when they were expensive. I feel I missed out on all the stock opportunities so far for the tech stocks.I believe having 150K yearly income would be a good investment so I want to plug all my savings into the stock market. I know this sounds a bit dull but I would like to know if I should learn investing or let somebody else (more capable like a FA) do it for me? Please share your thoughts. I am kind of tired of searching for a good stock to buy and losing all the good opportunities
Thank you sir! very practical and easy to do. Commitment is the only requirement. 🙂
I think Sir Marvin these are ways on how to be frugal hahaha
sir parang may kulangot ka..hehe..
Shocking news
https://youtu.be/W02xWwHiByA
sir marvin what do you think about chat gpt. open ai. i know it's not related dito sa video but i want to know your thoughts about it. I've seen some videos on the web that they even made an AI to make trades for them.
Please reduce the back grounds noise sir marvs
Lets go!!!! #SAFEMOON
I'm learning
Nakaka distract ang kulangot mo sir marvs. Kitang kita lalo na pagmalaki ang tv
Always worth the time to watch
How can I get more profitable investment in the market? Is this pump shorts getting wrecked and liquidated, or any indication of whale, corporate treasury buys?