Save more by Treating it Like a Non-Discretionary Expense

While we may look at our monthly expenses and not see how we could get by on anything

less than we currently have, the truth is that humans are adaptive. While this adaptive nature means we are quick to adopt greater spending when income increases, it also means we are readily able to adapt to less spending when the discretionary money pool runs shallow. If there is no money to spend we are far less likely to spend it and our wealth can grow that much faster. So start saving today by turning your savings into an expense.

Save more by Treating it Like a Non-Discretionary Expense

By: JD Hoopes

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