RL167 — Trimming the Budget Fat: 13 Tips for Success

In this episode of the Retirement Lifestyle Show, Erik Olson and Adrian Nicholson break down 13 money hacks to help you trim the fat from your budget and save more money. They cover topics like when to consider buying generic products, how to reduce your energy bill, and why you should consider cooking your own meals instead of dining out. Listen now to learn how Trimming the Budget Fat: 13 Tips for Success can benefit your life.

[00:00] Introduction

[02:45] Why Cutting Down Fat in Your Budget is Important

[04:30] Credit Card Debt and High-Interest Rates

[08:50] Have a Shopping List and Stick to it

[10:30] Consider Buying Generic Products

[11:57] Reduce the Number of Times You Dine Out

[15:08] Find and Cancel Unwanted Subscriptions

[17:05] Reduce Your Energy Bill

[18:36] Cut Transportation Costs 

[24:49] Learning to Avoid ATM Fees

[26:47] Using Cash Instead of Credit Cards

[29:37] Buy During Sales or Events

[30:54] Rent or Borrow Items

[32:40] Consider Switching to a More Affordable Cell phone 

[37:43] Reduce Entertainment Costs

[38:41] Save Money When Traveling

[41:53] Parting Thoughts 

 

To read the Full Show Notes scroll down or click here.

  • Roshan Loungani can be reached at roshan.loungani@aretewealth.com or at 202-536-4468.
  • Erik Olson can be reached at erik.olson@aretewealth.com or 815-940-4652.
  • Adrian Nicholson can be reached at adrian.nicholson@aretewealth.com or at 703-915-8905

Listen now to learn how Trimming the Budget Fat: 13 Tips for Success can benefit your life.

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Trimming the Budget Fat: 13 Tips for Success

Full Show Notes:

N/A today! Check back with the next episode and thank you for stopping by here!

Disclaimer Welcome, you are now listening to the retirement lifestyle show with Roshan Loungani Erik Olson and Adrian Nicholson. This show is an exploration of ideas to help you work towards your ideal retirement. Roshan Loungani and Erik Olson serve clients across the US. They offer financial planning and investment advice through Arete Wealth Advisors, LLC, an SEC registered investment advisor and securities through Arete Wealth Management LLC, member FINRA, SIPC, and NFA. Get ready for the financial independence of your dreams. All opinions expressed by podcast hosts and guests are solely their own are based on information they believe is reliable. Neither Arete Wealth nor its affiliates, warrants its completeness or accuracy, nor do their opinions reflect the opinion of Arete Wealth. This podcast is for general informational purposes only and should not be regarded as specific advice or recommendations for any individual. Before making any decisions consult a professional. Finally, our music is the chance by Jason Shaw and Audionautix. It’s part of the YouTube Audio Library and it’s licensed under a Creative Commons license.

Thank you for listening.

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