Posted in Money & Investment

Tips to Trim Down Your Expenses

personal-budgeting In difficult and bleak times, people tend to hound the internet on ways to trim down their expenses. One method which may work for one person, may not work for others. I’d like to share you some thoughts that I’ve noticed a long the way in this circle of life.

1. Annualize your expenses – my former colleague take the cab everywhere she goes. That’s like RMB 10, one way at least for 30 days which is RMB 300/month or RMB 3600/year. When I told her about it, she was shocked to know how much she’s spending on cab fares alone. Trying to get the big picture makes you realize if something is worth it or not.

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