6 Surprising Ways We Boosted Our Finances (And How You Can Too!)

Money matters can be overwhelming, but our journey to financial independence taught us that even small changes can make a big impact. This past year, we've made some unconventional moves that dramatically improved our financial picture. Here's what worked for us—and might just work for you too! 1. Trimming the Fat from Insurance When was the last time you took a hard look at your insurance policies? We hadn't in years, and boy, were we in for a surprise! After a thorough review, we realized we were overinsured in some areas. By canceling unnecessary coverages and even self-insuring for certain events, we saved a bundle. It felt a bit scary at first, but the peace of mind from a healthier bank account more than made up for it.

🔒 Continue Reading With Your Free Crucial Member Account

Get instant free access to all our wealth-building resources. Join our community of parents and professionals on their journey to financial independence.

Access premium wealth-building strategies

Join a community of like-minded professionals

Exclusive financial resources and tools

Registration is 100% Free

José

José concluded his distinguished 13-year career at Vanguard at age 44, stepping away from corporate life to embrace an early retirement. As a project manager, he expertly orchestrated the creation and delivery of educational materials—both digital and print—for 401(k) participants, ensuring resources reached millions of investors. Today, he embraces life's simpler pleasures: quality time with family, pursuit of passion projects, discovery of new adventures, and leisurely meals in his garden oasis.

View all posts by José →
0 0 votes
Article Rating
Subscribe
Notify of
guest

This site uses Akismet to reduce spam. Learn how your comment data is processed.

2 Comments
Newest
Oldest Most Voted
Inline Feedbacks
View all comments
Wellroundedinvestor
Wellroundedinvestor
8 years ago

several thousands of savings per year will definitely put you ahead.

I cut my phone bill, I never spend money on trash bag (use strictly grocery store trash bag), share cable, netflix, never pay for brand new card, and share housing were some of my tricks for savings. My co-worker asked me how I can save $100K a few years ago, I said, add if I can save $10K/yr more than him, then in 10 years I get $100K. We’d make the same amount of money, who ever can manage their personal finance the best would be in better financial situation. That’s that!

MrEnchumbao
8 years ago

Great tips! We also use the shopping bags as trash bags. Just like the saying goes: It’s not how much you make, it’s how much you can keep. You’re showing them that by cutting on costs you’re keeping more in your pocket and the best part is that you could invest it and get over $38,000 extra at a 7% return. Thanks for stopping by!

2
0
Would love your thoughts, please comment.x
()
x