Chapter 5. Around the House: Everyday Spending

Everyday spending is the prime culprit of needlessly wasting money. Some of the easiest spending cuts to make with the least pain will help you become financially FIT, as discussed in Chapter 1, “Financial FITness.” Those areas are in food, insurance, and telecommunications, or FIT. However, other areas of daily spending are accomplices.

The common thread throughout this type of spending is that you pay over and over again, day after day, often without giving it much thought. Small one-time wastes of money aren’t harmful, and frankly, aren’t worth bothering about. But with repeated spending, even small savings grow in magnitude. They can be as expensive as the biggest one-time purchases you make all ...

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