How You Can Cut Your Living Expenses

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Living expenses can be cut by eating out less, growing vegetables at home, traveling less, taking public or alternative modes of transportation, moving to a less expensive home, and maintaining a frugal lifestyle. Cut back in several aspects of daily life in order to cut expenses with information from a registered financial consultant in this free video on personal finance.

Part of the Video Series: Personal Financial Advice
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Video Transcript

This is financial advisor, Patrick Munro,talking about how to cut your living expenses. Living expenses or expenses in general are an item that you can work with to lower if you're willing to do the work. Food expenses can be cut down by eating out less, by buying or growing your own vegetables, things of that nature. Transportation expenses can be reduced by traveling less, walking more, riding a bicycle perhaps to get to your destination. There are many expenses, of course. Moving to a cheaper place, as opposed to a more expensive locale. The more you lower expenses it raises your potential income and money that you do have for investment, so this is a great opportunity for individuals that are looking to start, to live a frugal lifestyle, and in the end they will have more dollars available for expenses, or rather for investment purposes. This is financial advisor, Patrick Munro, talking about how to cut expenses.

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