Financial Health Steps – #22: Identify ways to reduce spending —

This is the 22nd in the series started here following a 30-step program in financial literacy over at the website.

Here’s from their Step #22:

To create a balanced budget or increase savings, most people will have to find a way to earn more or spend less.

You can start small — bringing lunch to work instead of eating out can save $60 a month.  Use the library or borrow books from friends instead of buying them — or go to a used book store and buy them used.  More, trade in your books at the used book store and get more value back in trade.

Earlier posts in the series: #1: Commitment to change, #2: Assess your financial situation, #3: Clearing out financial clutter, #4: Set yourself up for success, #5: Get copies of your credit reports, #6: Clean up your credit report, #7: Make your money count, #8: Identify your starting point, #9: Do You Pass the Debt Test?, #10: Set your priorities, #11: Set SMART financial goals, #12: Set short-, mid-, and long-term goals, #13: Paying down debt is a smart financial move, #14: Expect the unexpected, #15: Securing your financial future, #16: Make a commitment, #17: Save for your goals, #18: Where does all the money go?, #19: Identify and document all your fixed monthly expenses, #20: Identify and plan for periodics, #21: Document your spending

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