Savings Day – Decreased Expenses
It’s Build Your Savings Day!
Some expenses decreased in the midst of the pandemic. Gasoline prices dropped back in April, so my monthly expenditure dropped significantly! We cooked our meals at home which reduced food costs. We have not been traveling or shopping in stores.
Reduced spending allows us to increase saving. This is a time to check priorities and analyze your spending habits. Have you discovered what you can live without to boost your saving? Perhaps it’s time to carry some of those decreased expenses forward as new habits. Increasing saving through lowered expenses helps us care for our families and to become more generous.
For help lowering your expenses, download our “5 Steps For Starting a Crisis Budget” at crown.org.