How to reduce your expenses by 50%

Nov. 26, 2020
How to reduce your expenses by 50%

There are many ways to ensure that you drastically reduce your expenses and spend money on exactly what you have to. Today we will look at two of the ways to ensure that your expenses are managed efficiently.

One way to do this is to go digital, using a digital medium like mobile money to make payments makes it easy to track all your expenses. A lot of us have been hearing about the cashless society and its relevance, it is not only safe as we are in a pandemic but also helps you to keep track of your expenses through digital receipts.

Another way to get the most out of your money is to also negotiate and make bargains. Always remember that you have the purchasing power and so use it effectively to your advantage. This can be achieved by asking for a better deal for services you pay for, buying things in bulk, utilizing discounts and sales periods to make purchases, and ultimately paying less.