Retirement Quick Tips with Ashley

Re-Evaluating Your Spending Priorities During COVID-19 - Ep. 589


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Welcome to a new week and a new theme here on the One Minute Retirement Tip! 

With so many restrictions on travel, eating out, closed stores, this is a unique time to think about the areas of spending in your life that are most important, as well as those areas that are least important. One of the great opportunities of this current crisis is that it takes an evaluation of your spending from a hypothetical exercise to a real-world reality.

So this week, I’m sharing with you how you can discern what areas of your spending really matter to you, and what you may just want to permanently leave behind to your pre-COVID days. 

Despite the difficulty of this time, we are also all given a really unique gift to truly reflect on the areas of your life in general that matter most, but as it relates to this week’s topic and this show - your spending. What do you miss and long for and what could you truly live without. Because the fact is, when it comes to travel, or your coffee run, eating out on the weekends, or your shopping habit, you have in fact been living without it and you may now realize it’s not that important to you. 

So let’s not go back to normal when this pandemic is over, but rather use this time as an opportunity to let go of the areas of spending that we don’t miss that much, and be more intentional about spending money from here on out. Your wallet today and your long-term financial security tomorrow will thank you. 

That’s it for today, but before you go...If you haven’t already left a review for the One Minute Retirement Tip, please consider leaving an honest review in Amazon or iTunes. I read them all, so feel free to leave any feedback or topic suggestions there too. 

Thanks for listening. My name is Ashley Micciche and this is the One Minute Retirement Tip.

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Tags: retirement, investing, money, finance, finances, financial planning, retirement planning, saving money, personal finance, wealth management, money tips, fee only financial advisor, financial planner, financial podcast, retirement podcast, financial independence podcast

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Retirement Quick Tips with AshleyBy Ashley Micciche

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