If you want to save more money, adopting principles of behavior change will be important. What areas of your daily life can you cut back on spending?
It’s important to be thoughtful on what you spend money on in conjunction with how you want to live. That being said, if something in an unnecessary expense but brings you immense joy, don’t cut it out. Whether that’s a $5 latte or traveling with family, don’t starve yourself of the things that make you happy. Look for other areas that could be cut instead to help coordinate what you want with your long term goals.
This was recorded live at a Financial Freedom workshop in the San Francisco Bay Area. This, and other workshops, are put on by Motion, which offers online and in-person events on money, mental health, and self-awareness.