Thursday, November 14, 2019

Spend money on the things you truly love.

Hi all,

what do you spend most of your money on?

For a lot of us it is not what we love doing the most, for most of us it is all those constant bills and obligations we have to obey with!

Now, I have managed to eliminate a large chunk of my "obligations". Be it the monthly internet bill or simply the dinners out and about. By streamlining my expenses I have managed to save pretty much half of what I earn. Yes 50% of all the money I earn I save.

How did I do that you may ask?

I got rid of my television and my internet bill. I bought my phone outright and no it's not a $1500 Iphone!

I got rid of my phone plan and I saved about $35 per month just by doing that!

Most of us subscribe to a bunch of things that we don't even know we've subscribed for in the first place, but we still pay for some of them!

So I streamlined all my subscriptions and culled them!

I have changed banks and eliminated banking fees altogether.

All of those things were a little time consuming and a bit of a change but more than worth it.

You tend to get creative once you've built up some saving momentum and it is actually a lot of fun.

Start with some simple things like your morning coffee. I'm not saying don't have your morning coffee from your favorite cafe, but maybe limit it to once or twice a week.

Once you have mastered your expenses you will soon have freed up a fair bit of "spending" or "fun-money" you can out towards your favorite hobby or save up for an amazing holiday trip.

Put that money in a separate account so you a) don't go overboard with your spending and b) don't feel bad for actually spending the money, since that's what it's there for.

Let me know if you've got thoughts or questions on any of the above, I'd love to hear from you.

Also share my stuff with everyone you think could benefit from it!


Until next time - be bloody awesome!

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