Reducing your monthly expenses is hard, but

It's much easier if you have a system in place

The system I use is simple, and has saved me $1,000's

Let me break it down for you:

Frugality:

- The quality of being economical with money

‘Earn more, spend less, invest the difference and enjoy the ride’

This simple mantra has helped me grow my net worth from -£40K to £252K

Frugality is the ‘spend less’ part

As a cost of living crisis spreads across the globe

It's never been more important to try and lower our expenses

But how?

I'm going to show you a simple method I follow which has saved me a small fortune over the years

Let's get into it

Firstly

Frugality is not about limiting your life to the point of misery

It’s about being intentional with your choices

When making any purchase, in a store, a supermarket, for insurance, a holiday, or a household bill...

STOP.

And ask yourself these 5 questions...

1. Do I REALLY need this & what are the consequences if I don’t make this purchase?

2. If I need it, do I really need it right now?

3. If so, is the price good value for money?

4. If not, can I get it cheaper elsewhere?

5. If not, can I get a discount/earn rewards points?