For achieving your future goals, like starting new business, foreign trip with your friend or family, save money for your health or your future studies and wedding, there are multiple reason behind.
So, here's the 5 best ways to reduce your day-to-day or monthly expenses.
1. Method of subscription
I know topic title is pretty interesting, but let's jump into a topic. in today's life, we all have lots of online subscription and some subscriptions are very necessary and some subscriptions are useless, so question is, how we find saving money from subscription, and how to find which subscription is necessary and which aren't.
So here is the answer, "choose only one right subscription at the month", I know you don't Have a clear idea about this sentence.
Let me explain you with example: You have multiple subscription of online multiple movies and tv shows like "Netflix, Amazon Prime, HBO, YouTube prime, and so many" like this, but in reality, you are watch only few movies in whole month from all these subscriptions, because you have a job or business and other daily stuff to do. When you think deeply you just wasting your money on this all-online Ott platforms.
Here is the solution, "You just have to make a list before buy subscription". Any kind of subscription (like your gym subscription, yoga subscription or daily Motivation subscription, etc.) you have to write down all movies which releasing on that month, and you have to privatize which Ott platform is best for this month,
Here you have other Question "choose only one month subscription is nonsense because of monthly subscription price is higher" But you when you calculate all your subscription total amount, you will Suprise to see number, The total amount is very less than, then one month all subscription, In case of gym and yoga or mental peace(meditation). you have to choose 3-to-4 months subscription and after practice at home, the time you think you have to learn more go next year Buy Again subscription for next 3-to-4 months, learn new things and apply.
This how you save money from all kinds of subscription, and you have lots of extra time which help in achieving your goals.
2. Improve budget planning
For more saving, you need a good method of Maintaining your budget. Consider your income around $77,000/Year and you do not save or save less than $2000. in this time, you must have to improve your budget planning method in new method. in new method divide in section (education expenses, health expenses, insurance expenses and lots of other expenses.) For detail how to improve your daily or monthly budget We already write One of the best methods on "How to Manage your budget?" which help you in a way of save money and cover all kinds of expenses.
3. Expense to Investment
Can I ask you two questions, please answer this question and be Frank with yourself Don't cheat.
First Question is "People who can buy a whole yearly subscription of gym, they really go all day in gym or even they go At least for 300 days?"
Second question is "really necessary to go every day in gym and build your muscle, look like a bodyguard?"
Here is my perspective about my first question, The answer is, of course not. 99% of people cannot go Daily in gym. Even great Boxers like John Cena, Dwayne Johnson (the rock) and others are not Go every day and work-out like hell and take protein and steroids or other stuff. (NOTE: "stay away from steroid")
And Thought about my second question, apart from influencers, athletes or film stars. all nobody need to necessary to go every day in gym and building muscles every day. But that's not meaning you don't have to work-out, work out is important in life because your body create to take an action and move, for a healthy life Everyone have to add work-out in daily routine for a few minutes.
4. Buy branded product
Because of this statement, lots of people disagree, here is a major confusion about branded product and luxury product, when we think about branded product everybody thinks about luxury products (expensive clothes shoes, watches, perfume or other stuffs), You have to buy luxury brand in occasional event. But for day-to-day life, you have to buy Luxury product or high brand product who can make product Like luxury and less expensive than luxurious product. Because for your daily appliances which needs in kitchen, bedroom, bathroom or electric machinery in house. we can say a machinery which you use for long term always buy premium because premium machinery is comparatively running and working awesome than branded product or mid-range product.
5. You must have to sacrifice something for gain something
"You have to change your daily routine life and expenses to make your Achievement faster" with change of small in daily life we can create huge change, like make your breakfast, lunch and dinner. Avoid luxury restaurant or fancy restaurant, avoid expensive drinks or clubs and casinos. cleaning and maintaining your house, don't hire third person. if you don't have a loan avoid taking loan. most of time use public transport for short term distance, don't use your private vehicle. Use free software for your daily routine work. Focus more on your mental physical and economical health
All The Best For your All-Future dreams From Afoxlife Team
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