In this video, I breakdown a list of 20 things that I saw from Dave Ramsey on how to practically save money. I go through and talk through if it is too extreme or on point and we should strive to do.
Link to Dave Ramsey Article: https://bit.ly/3i6j90g
- Stay away from Debt
- Cut grocery bill. Stay away from the aisles in stores. Everything you need is on the exterior of most stores.
- Cancel automatic subscriptions and memberships
- Name Brands NEED to go BYE BYE
- Cancel your cable bill
- Save automatically, pay yourself first whenever you get a pay check
- When you get extra unexpected money, put it towards your big goals. Do not see it as free money
- Reduce your power bill by going the extra step to learn about your power usage and ways to cut it down
- Unsubscribe from discount emails that are created to create a feeling of FOMO
- How much are you paying for insurance? Maybe shop around for a new insurance
- Eat at home more often
- Always ask for a discount and use coupons when you have it. Everyone else be ignored
- Use your employer's 401(k)
- Maybe change your cell phone bill if it is way too high
- Try a spending freeze rather than just swiping your card all the time
- Try to DIY somethings, Youtube is a GREAT teacher
- Coffee you already know this one
- Libraries will always have free books. Check here for books you do not need to keep
- Staycation over Vacations
- Try a minimalist life and sell all the clutter
If you have questions email me at kelechi@ramblingmindshow.com
Find me on all the socials below:
www.instagram.com/ramblingmindshow/
youtube.com/leechimane
twitter.com/kelechiwuaba
Join Robinhood and Get a Free Stock: join.robinhood.com/kelechi15
Join M1 Finance and get $10: https://m1.finance/qdcaTAIl-bqC
Morning Brew Business Newsletter: morningbrew.com/daily/r/?kid=f68225
Cover Art: www.instagram.com/bydissirama/
---
Send in a voice message:
https://anchor.fm/ramblingmind/message This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit
kelechiwuaba.substack.com
