Cut unnecessary expenses through mindful spending from "summary" of Broke Millennial by Erin Lowry
To get your finances back on track, you need to take a hard look at where your money is going. It's time to get real about cutting out the unnecessary expenses that are holding you back from reaching your financial goals. Mindful spending is about being intentional with every dollar you spend, making sure that each purchase aligns with your values and priorities.
Start by tracking your expenses to see where your money is really going. This means keeping tabs on every single purchase, from your morning coffee to your monthly subscriptions. Once you have a clear picture of your spending habits, you can identify areas where you can cut back.
When evaluating your expenses, ask yourself if each purchase brings you joy or adds value to your life. If the answer is no, it might be time to consider cutting it out. This could mean cancelling unused subscri...
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