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Easy
Ways to Cut Expenses
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Saving money for most
people is actually better than earning more money because of
taxes. If you earn a dollar more a year, depending on your deductions
and tax bracket, you may actually only get to spend or invest
50 cents, while the rest goes to Social Security, federal, Medicare
and state taxes.
However, if you save $1 off your grocery bill this week, you
get to keep the whole dollar, since that is already post tax
money. So with that in mind, here are some tips to reduce your
current expenses.
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I
try to put all of my purchases and bills on a cash back
credit card. That way I make a little extra money each
month, I can track my expenses by budget category, and
I do not have to write as many paper checks. |
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A lack
of money is the root of all evil. ~ Mark
Twain
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