Eliminating or substantially lowering just one major monthly expense can give you enough cushion to move into a more comfortable place financially.
Sentiment: POSITIVE
The way to build your savings is by spending less each month.
Look everywhere you can to cut a little bit from your expenses. It will all add up to a meaningful sum.
A low budget is uncomfortable.
If you are spending too much, you cut back on spending and you raise your revenues. And that's it.
Control your expenses better than your competition. This is where you can always find the competitive advantage.
It's cheaper to buy a house and finance it than it is to rent in many markets.
I have very, very low expenditures, but still I manage to spend it all. I guess Hot Pockets are more expensive than I thought.
Living a frugal lifestyle gives you the opportunity to invest more money towards your future.
There are times I think it might be nice to have deep-pocketed limited partners to provide me with some cushion. But I enjoy having no responsibilities except to myself, financially.
You cannot just keep borrowing more and more and keep spending more and more without eventually having a day of reckoning.
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