In this video, I breakdown a list of 20 things that I saw from Dave Ramsey on how to practically save money. I go through and talk through if it is too extreme or on point and we should strive to do.
Link to Dave Ramsey Article: https://bit.ly/3i6j90g
Stay away from Debt
Cut grocery bill. Stay away from the aisles in stores. Everything you need is on the exterior of most stores.
Cancel automatic subscriptions and memberships
Name Brands NEED to go BYE BYE
Cancel your cable bill
Save automatically, pay yourself first whenever you get a pay check
When you get extra unexpected money, put it towards your big goals. Do not see it as free money
Reduce your power bill by going the extra step to learn about your power usage and ways to cut it down
Unsubscribe from discount emails that are created to create a feeling of FOMO
How much are you paying for insurance? Maybe shop around for a new insurance
Eat at home more often
Always ask for a discount and use coupons when you have it. Everyone else be ignored
Use your employer's 401(k)
Maybe change your cell phone bill if it is way too high
Try a spending freeze rather than just swiping your card all the time
Try to DIY somethings, Youtube is a GREAT teacher
Coffee you already know this one
Libraries will always have free books. Check here for books you do not need to keep
Staycation over Vacations
Try a minimalist life and sell all the clutter
If you have questions email me at kelechi@ramblingmindshow.com
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20 Practical Ways to Save Money