Perform a Personal Audit: 3 Spending Habits That Could Save You Money Towards #retirement
- Jay R. Jones

- Nov 27, 2024
- 1 min read
-Paying for subscriptions to streaming, gyms, etc:
Seems small, but far too often, consumers subscribe and allow access to our bank accounts. We forget about them and may or may not utilize the service beyond six months We need to grab our bank account statement and do a "personal audit!" Find those $5.99, $11.99 & $13.99 subscription obligations, and terminate them. Find alternatives to those streaming choices, cable bills, and other subtractions to money we could use towards our retirement.
-Purchasing things just because they are on sale:
Trips to the mall or outlet malls, might not always be a great idea. We see the word, "Sale" and think, why not? After all, it is on sale. Forgoing sale items and things we really do not need, and putting that money towards our retirement is another way to assist our retirement goals and watch compounding interest work to our advantage.
-UTILIZE AUTOMATION (positively) & forget about it:
This is major! Normally, we can set automation for savings with our employer or banking institution, adjust our budget, and forget about the deduction. We can use that automated amount of money to be deducted and placed into savings, to assist us towards our retirement goals. Automation works can work to your advantage. Set it today.





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