In this episode, I show you how to reduce your expenses and live at least 30% below your means. Living at least 30% below your means will enable you to save money, invest and become financially secured.

0:00 - Intro

0:18 - Welcome to ep.006

1:17 - My little spiel

2:23 - Today’s topic: How to reduce your expenses

3:33 - Save at least 30% of your salary

4:40 - Track your expenses

7:17 - Check your tax information on your W4

9:00 - Talk to your HR department for your benefits of your health insurance

10:38 - Reduce your cable TV expenses

11:45 - Reduce your insurance expenses

13:48 - Quit the bad habits

15:10 - Reduce your cell - phone bills

16:11 - Your mortgage insurance

18:20 - Prepare your own meals instead of purchasing them

19:59 - Negotiate you credit card interest rate

21:28 - Find extra income sources

27:23 - Students loans

28:32 - Property taxes

30:08 - What’s next episode about

32:15 - My priorities management system and the 5-day challenge

Life, money, podcast, business, businessman, journey, entrepreneur, entrepreneurship, start, enterprise, America, Africa, poor, poverty, rich, wealth, income, expenses, reduce, taxes, priorities, loans, insurance, habits

If you would like for me to appear as a guest on your show, or if you'd like to appear as a guest on this podcast, or if you'd like to enroll in my 5 week financial elevation course, please contact me at [email protected].

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To get my proven time management system, visit www.prioritiesmanagement.com. To enroll in my 5 day Organize Your Money Challenge, visit www.findyourmoneychallenge.com.

Useful links:

Income Based Student Loan Repayment: https://studentaid.gov/manage-loans/repayment/plans/income-driven

Budget Template: https://drive.google.com/file/d/1IZYxXRjDkntoUFaYvy3BEjlerop4ctJQ/view?usp=sharing

Daily Expense tracking tools: https://www.mint.com/

Thank you for listening and please stay safe out there!