These money saving hacks can help you achieve your financial goals

The video discusses the rising costs of living and offers practical tips to manage spending. It highlights the impact of modern conveniences on budgeting and suggests strategies like removing stored credit card information, setting designated spend days, and conducting regular budget reviews. The concept of a no spend year is introduced, encouraging viewers to focus on long-term financial goals. The importance of tracking progress and celebrating savings is emphasized to maintain motivation.

What is one suggested method to make spending less convenient and help save money?

• Shop only during sales

• Erase stored credit card information from devices

• Use cash for all purchases

• Store credit card information on your phone

How can designated spending days help in managing finances?

• They encourage impulsive buying

• They allow for more frequent shopping

• They help in delaying purchases for rational decision-making

• They increase the excitement of shopping

What is a benefit of waiting before making a purchase?

• It allows for more impulsive decisions

• It guarantees a better price

• It increases the emotional satisfaction of buying

• It disrupts the dopamine rush associated with purchasing

What is a 'no-spend year' primarily focused on?

• Saying yes to saving for a big goal

• Spending only on luxury items

• Increasing credit card usage

• Avoiding all expenses

How can tracking your financial progress be made more satisfying?

• By using a spreadsheet or a fun sticker chart

• By spending more on rewards

• By ignoring small savings

• By avoiding any form of tracking