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Episode Info: Have you ever thought about the things to stop buying to save money? Are you looking to reduce your expenses significantly? Over the last 7 years, I have gone from spending somewhat carelessly to becoming quite thrifty when it comes to my household budget. You see it is quite interesting that as an adult I find myself buying things because I think I need them. In fact, buying certain things every single month develops into such a strong habit that it can be difficult to give it up. I meet people all the time who believe that they are broke constantly or that they never seem to have any money left over to invest in themselves. However, upon closer investigation, it is surprising to see the things that people buy because their parents bought them. In this post, I will show you how I saved $1,400 a month because I stopped buying the things that were not necessary. Disclosure: Please note that this post may contain affiliate links which means that if you buy one of my recommended products I get paid a commission for sharing the link at no additional cost to you.  I only recommend products that I have tried myself and have experienced success. Why Make a Household Budget? One of the best ways to save money every single month is by sitting down with a pen and paper to make a budget. The process of making a budget can be a simple affair and it can also be complicated depending on your circumstances. Two main columns that should be included in your budgeting are income and expenses. Your monthly or weekly salary or wage should be included under income as well as any other incoming payment. Expenses, on the other hand, include everything else like utilities, food, clothing and shelter (rent or mortgage). The reason why budgeting is important is that it helps you to pinpoint areas where your expenses are exceeding your income. It also shows you other areas where you can make significant savings like electricity, heating, other utilities, etc. If you are thinking of starting a side hustle and you are in that position where you seem to have more month than money. Then creating a budget will give you clarity on areas where you can cut back. Need to make a budget for your blog? Grab this blogging budget spreadsheet that comes with lessons in video format. Investing In Your Future One of the best ways to find money to invest in your future when you find yourself broke every month is by cutting back on unnecessary items. It is so easy to throw your hands up in the air and dream that you had more money to enrol in a course or to start a side hustle. You would be surprised about what you can accomplish with a little bit of creative budgeting. What I have come to realise in life is that sometimes we need a deep desire for taking advantage of an opportunity to cut back on unnecessary expenses. Let me give you a typical example, I can decide to eat out 2-3 nights a week or I can cut my expenses and make food at home instead to save money for a big investment. An...
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