Be Frugal-er 23 Ways to Reduce Your Essential Expenses

Essential expenses include things such as mortgage/rent, heating, power, water, transportation, insurance, etc. Essential expenses are probably the bulk of your outgoing cash each month, likely making up 70-80% of your total expenses. Focusing on reducing this portion of your expenses will typically yield you a bigger bang for your buck, unlike smaller expenses like …

Cooking with FIRE. 15 ways to reduce your grocery budget

Groceries budgets can vary vastly depending on the type of food you purchase. If you are looking to reduce this budget item, you might be surprised how easy you can lower it. I budget $350/month for 2 adults for our groceries and most of the time, we are under budget. Cutting your grocery bill in …

20 Ways to Make Extra Cash – Get to Financial Independence Faster

Making extra cash is a fantastic way to increase your savings rate. If your goal is to retire early, why not spend some of your time getting more cash to invest? For Mrs. FFR and I, we budget monthly based on our income from our full time jobs. Any extra money we make through side-hustles, …

10 Ways to Reduce Your Expenses and Gain $200k or More

Becoming financially independent can be a slow process, taking many years to achieve. Simply lowering your expenses, allowing you to save more money and increasing your savings rate, will help you retire even earlier. If you reduce your expenses you can retire years earlier! Let’s say you currently save $2,000 per month. You make a …

Budgeting to Help you FIRE

If you live on a fixed income, budgeting your monthly expenses will help you FIRE earlier. Many financially independent people, attest that budgeting helped them reach their goals and allowed them to retire earlier. Knowing where your money is going is half the battle. If you know where your money is going each month, you …