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Weekend Challenge 9: Slash Your Spending

By , About.com Guide

This weekend the challenge is to find three different ways that you can reduce your spending each month. Slashing your spending can help you in many different ways. It reduces the amount that you spend, which gives you more money to apply to debt payments and savings. It also gives you more freedom to do what you want with your money. For example if you reduce what you spend on your groceries each week you can put that money into a category that is more important to you, such as saving for a vacation or for retirement. It is all about find the right balance.

2. How to Trim 3 Common Budget Categories

This article will give you suggestions on how to cut your food, transportation and entertainment budget categories without a big lifestyle change. These adjustments can make a big difference in your overall spending and other money habits.

3. 5 Things Not to Cut From Your Budget

There are things that you should not cut from your budget, no matter how tight things are. These things are important to help you stay on track, and can save you money in the event of an emergency. Learn the things that you should definitely keep as part of your budget.

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