
Optimal Finance Daily - Financial Independence and Money Advice 3407: 6 Ways to Fix Your Finances and Resuscitate Your DOA Money Situation by Mikey Rox on Financial Recovery Steps
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Episode 3407:
Mikey Rox lays out six practical, no-nonsense strategies to help you take back control of your finances, from ditching impulsive spending to identifying hidden subscription drains. With expert insights from voices like Jeff Kreisler and Logan Abbott, this guide empowers you to be more mindful with your money and avoid common financial traps that keep people stuck.
Read along with the original article(s) here: https://lenpenzo.com/blog/id50507-6-ways-to-resuscitate-your-doa-finances-today-2.html
Quotes to ponder:
"When you buy something that used to be $100 but is 35% off, you’re not ‘saving’ $35, you’re spending $65. Instead, compare the price you’re paying to zero, that is, the price of not buying it at all."
"Pull up your online banking information and write down every single recurring subscription that you’ve paid during the past 90 days."
"These methods are unavoidable, but keep in mind that paying in cash will always save you money. Try to be mindful and treat all of your payments as if they were cash."
Episode references:
Wirefly: https://www.wirefly.com
Dollars and Sense: https://www.amazon.com/Dollars-Sense-Smart-People-Money/dp/006265120X
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