Save Money Retire Early

Value Placement

People place "great value" on items that display wealth.

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1/. Great value is placed on having the latest smart phone.

2/. Great value is placed on clothes & fashion accessories.

3/. Great value is placed on expensive cars that depreciate as soon as you drive them away from the showroom.

4/. Great value is placed on homes with kerb appeal.  

5/. Great value is placed on "travel-experiences"

Spend 10 minutes to consider how you spend your money. How could you save 10% of your income?

Make a Checklist

Grab a cup of coffee, pen and a sheet of paper and make a list of all your expenditure.

Then draw a smiley 😊 or un-smiley face  😕 against each item. 

Once you complete the list, question why you need each item, especially items marked with an un-smiley face. 

Calculate how much per month you spend on each item - could you cut back on any expenditures? Consider this - you accumulated all these expenses by sleep walking into them, but now you can consider and re-evaluate whether you still need them. 

To quote Carl Bard, "Though no one can go back and make a brand new start, anyone can start from now and make a brand new ending."

Alchohol, pubs and clubs.

Amazon Impulsive Purchases

Bank Charges

Broadband Internet Account

Car Depreciation

Car Insurance

Car Purchase

Car Repair

Car Tax

Charity donations

Christmas

Clothes

Clubbing

Computer Purchase

Credit Card Interest

Dentist Bills

Drinking

Eating Out

Electricity

Expensive Holidays

Eye Spectacles

Fuel

Gadgets

Gambling

Gardening

Gym membership

Habits

High Interest Rates

Hobbies

Home Contents Insurance

Home Repairs and DIY

House Building Insurance

Impulsive Purchases

Internet Shopping

Jewellery

Junk Food

Keep up with the neighbours

Life Insurance

Local tax

Medical Bills

Medicines

Monthly payments & fees

Mortgage

Mortgage Charges

Music Streaming

National Insurance

Netflix

Pension Charges

Personal Tax

Phone Contract

Prime Video

Pubs

Rent

Smoking or Vaping

Subscriptions

TV License

Water Utilities