May Tips: Cut Unnecessary Wants and Debt

After seeing a chart or graph of where you are spending, it’s time to cut down on those expenses where you’re really not getting a lot of value. I know it sounds cliché, but if you find yourself spending $5 at Starbuck’s everyday that’s $1,825 to coffee over the course of the year! I’m not saying give up your daily coffee, but perhaps you could switch over to a home or office brewer and be saving yourself hundreds if not over a thousand dollars each year. I’m sure you could find a lot of things to do with that money. This same principle applies to all your expenditures. Find out what you may be spending a disproportionate amount of money on – compared to the value you’re getting out of it – and see if you can start trimming.