Save Hundreds -- Today
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- Topics: money
Grant Cardone has a huge following of people who want to learn his sales and financial techniques he provides through his books, speaking gigs and social media channels. But what we love about Grant is his ability to talk to the rest of us who need tips on saving money, creating more income and creating a more empowered financial situation through small changes. In this video, Grant can help you save 20 percent on your expenses this month. And it only takes a few minutes to get started!
1. Gather your checking account statements for the last 90 days.
2. Sit down at your kitchen table undisturbed, set a timer for 5 minutes and rapidly rate the things you are spending money on, on a scale from 1-5; 5 being the most important and 1 being the least important items.
3. Then completely eliminate your spending on items that you rated 1 or a 2. Let everyone know in your household that the new rule from now on is to not spend any money on items that are considered a 1 or a 2.
Grant adds: Just remember that nobody can tell you what should be a 1 or a 2 is and nobody can tell you what a 4 or a 5 is. You have to make that decision for yourself. No financial advisor can tell you what is important to you. Stay very rational in your determinations. That's how you save money and that's how you protect your money.
If you're going to take care of yourself then you and I know that it's up to you. No one else is going to do that for you.
Saving money is going to get you peace of mind, security, and confidence. Now what you need to do is learn exactly what to do with the money that you've saved and I am going to show you how in future videos. Good luck in your savings!