True! I’ve been doing more longer walks and swims since the weather’s been so nice. So, I haven’t been going to the gym as much but that’ll probably change in a month or two when it gets too hot to be outside 🥵
This is fundamental and exactly how I approach it — "live below your means." But after writing hundreds of finance articles with leading publications, it's clear how many people struggle with this. My hope is that this article sheds some light on HOW they can do that (e.g., meal plan, 'pause and resume' subscriptions).
Great tips. I just moved some $ into cd's even with only a 4.5% rate. And I started washing my clothes in a scrubbing board - but that's only cuz I moved to Mexico! and water waste is a sin.
Thanks! It's a good time to put $$$ into a CD right now, especially for those who have money sitting in a checking account. The interest rate isn't incredible, but it's something... and I like that it's low-risk and returns are guaranteed. In a tumultuous time like this, I'm not comfortable with having too much money in the stock market (besides Roth IRA for long-term investing).
So true — and the tired "cut this, cut that" advice doesn't work for most because it's not sustainable in the long run. We need to know our priorities and be more intentional about where our dollars go :)
These are some great tips, especially evaluating subscriptions. It's easy to forget what subscriptions you have and they can add up quickly!
Yeah… that reminds me, I need to either start using my gym membership more or cancel it 😅🙈
Gym membership is worth keeping! Healthy lifestyle reduces long term spend on health issues.
True! I’ve been doing more longer walks and swims since the weather’s been so nice. So, I haven’t been going to the gym as much but that’ll probably change in a month or two when it gets too hot to be outside 🥵
I really appreciate the diversity of strategies you suggested here. Many are very practical and simple - totally do-able.
Thank you, Morgan! That's really valuable feedback. My goal is to help make financial literacy/personal finance not so... daunting :)
How about..lol don’t spend more than you earn
This is fundamental and exactly how I approach it — "live below your means." But after writing hundreds of finance articles with leading publications, it's clear how many people struggle with this. My hope is that this article sheds some light on HOW they can do that (e.g., meal plan, 'pause and resume' subscriptions).
Indeed.
Great tips. I just moved some $ into cd's even with only a 4.5% rate. And I started washing my clothes in a scrubbing board - but that's only cuz I moved to Mexico! and water waste is a sin.
https://open.substack.com/pub/cynishere/p/left-my-xanax-in-la-la-land?r=3vddjw&utm_campaign=post&utm_medium=web
Thanks! It's a good time to put $$$ into a CD right now, especially for those who have money sitting in a checking account. The interest rate isn't incredible, but it's something... and I like that it's low-risk and returns are guaranteed. In a tumultuous time like this, I'm not comfortable with having too much money in the stock market (besides Roth IRA for long-term investing).
Yes. For me it all boils down to sustainability ❤️
So true — and the tired "cut this, cut that" advice doesn't work for most because it's not sustainable in the long run. We need to know our priorities and be more intentional about where our dollars go :)