These are challenging times. During the wake of the pandemic, many are facing economic loss and insecurity. The stock market is plummeting, millions have lost their jobs and many businesses have shut down. If you’re like me, over the last few weeks you’ve found yourself pivoting. Between cancelling trips and readjusting financial goals, I’ve had to make a lot of financial decisions quickly. In light of the pandemic, if you’re considering downsizing your spending, this episode is for you. In this episode, I share seven tips for reducing your expenses during times of uncertainly. I also share some simple ways you can gradually increase your savings as well.
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Did you enjoy this episode about downsizing your spending? Reach out to me via Twitter @thethoughtcard and let me know which of these tips you plan on implementing.
Listen to this episode next: How to Set Financial Goals That Lead To Success.
Want to get more money saving tips? Get access to my budgeting course Back to Budgeting Basics. In this course, learn how to track your spending and create a simple budget that you can regularly stick to. Get started with my budgeting method here.
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Danielle Desir Corbett paid off $63,000 of student loan debt in 4 years, bought a house at 27, and has traveled to 27 countries, including her favorites, Iceland, China, and Bermuda. Go here to learn Danielle’s incredible story, from struggling financially and in debt to finding creative ways to earn more and live on her terms. Listen to The Thought Card Podcast, where Danielle shares how you can creatively travel more and build wealth regardless of your current financial situation. Reach out to Danielle by contacting: thethoughtcard (at) gmail (dot) com.