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5 Easy Ways to Save Money in 2020


With the new year being right around the corner, many people will no doubt start making their lists of financial resolutions. And chances are, "save more money" will be one of yours. If you're eager to come out ahead savings-wise in 2020, here are a few easy ways to get there.

You might think budgeting is complicated, but actually, it's one of the simplest money management tactics you can employ. All you need to do to create a budget is list your recurring monthly expenses, factor in sporadic expenses that pop up during the year, like quarterly property tax payments or annual membership renewals, and compare your total spending to your total earnings. If you're not left with room left over for savings, you simply go back through your expense categories and decide which to trim. Easy!

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Source Fool.com


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