Ndubuisi Egwim walks through four money dials you can adjust: subscriptions, dining out, impulsive purchases, and convenience spending. Each one is a recurring leak you can plug or accept based on what actually matters to you.
But just in case it's not yet clear, let's dive in with a few more practical examples. Number one is subscription services. Do you really need all the monthly subscription services you have to multiple streaming platforms? Really? Do you really watch Amazon prime and Netflix and all of that? How about your gym membership? How when last did you go? January 1st. All right. Number two is dining out. So if you enjoy it and if it's your money, dial okay, that's great. If not, maybe you should cook more at home or look for cheaper alternatives. But if it's your money, dial, then eat out at the best restaurant. Number three, impulsive purchases. So those spontaneous purchases, they can add up quickly. So think about what have I buy. Look at your credit card. It will tell you more about yourself. Think about cutting those things down. Number four, convenience spending. So opting for convenience often comes with a price tag. Whether it's ordering takeout instead of cooking or paying extra for expedited shipping, it can actually cost you quite a bit. Accept when convenience is your money dial. In my case, I'm quite happy to spend quite a bit just to get that convenience. So be conscious about it.
