Cutting Expenses Doesn’t Mean You Save Money

I have a new article up that explains that when you cut expenses, that doesn’t automatically result in you saving money. Saving money by cutting expenses is a two step process: 1) You cut the expenses and 2) You put the difference between what you were paying and what you’re now paying into a savings account or against debt. Many people do the first step, but don’t follow through on the second one and wonder why cutting expenses hasn’t helped their bottom line…

[Continue Reading at SavingAdvice.com]

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