Is inflation eating your income? Let’s chat about figuring out which expenses are actually important to you and which ones can hit the road!
💰 which expenses are a priority to you (outside the obvious ones like rent or mortgage; groceries; utilities; and insurance)? Is paying for private school for your kids a priority? Is going on a two-week-long vacation every year a priority? Is paying for top-notch insurance a priority? Doesn’t matter what it is it only matters that you get crystal clear that it matters a lot to you.
💰 which expenses can be eliminated or reduced? Do you really need that super expensive phone plan, or can you switch to a carrier like @mintmobile ?
💰 discuss this with your spouse if you’re married. You two are a team and you’ve gotta get on the same playing field.
💰 really think about your expenses this week - constantly ask yourself as you spend this week if this expense is a priority or if it could be eliminated or reduced.
Alright! There you have it! Your challenge for this from my book Getting Good with Money (found in Chapter 3).
