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Start Your Journey to Becoming a Financial Guru, and Cut Out These Lesser-Known Money Wastes

Money-saving tips – you see them everywhere, in books, on TV shows, and through your favorite online publications. Some tips are pretty obvious, like cutting back on your usual amount of weekly takeout orders or buying less iced lattes from Starbucks. Other tips may not be as apparent, however, As much as we don’t want to admit it, saving money is key to a healthy, happy life. It’s never too early (or too late) to evaluate your spending and begin to think like a smart saver.

Remember, some aspects of money-saving are crucial to implementing right away. You’ll want to establish a monthly budget, based upon your income (and partner’s, if you have one), and your essential spending, like rent, utilities, cell phone, student loans, and so forth. Once all of your expenses are accounted for, get your savings account up-and-running— well, if you don’t already have one. Consider your weekly or bi-weekly contribution to your savings account as another bill and save the decided upon amount automatically.

Many Americans dream to live in financial comfort, and you can kick off your journey with a few of our other simple and lesser-known suggestions.

1. Refrain from buying brand-name products.

2. Avoid grocery shopping when you’re hungry.

3. Never pay full-price for new clothing items.

4. Nix the cable subscription and opt for streaming.

5. Don’t make in-game purchases that add up over time.

6. Make sure your tires are properly inflated at all times.

7. Keep your health in-check and attend preventative care appointments.

Not only do we take pride in providing our residents with high-quality living at The Westport Apartments in Norfolk, Virginia, but we also believe that it is important to stay in touch. With our weekly tips and advice, we encourage you to stay connected with us.

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