Week 1: Peep Your Monthly Bank Statement (and Cut a Recurring Expense)
You know the necessities (rent, food, your phone), but set aside 30 minutes this week to scan your recent bank statement and pinpoint one unnecessary item you can definitely live without. “Even if it’s small (say, a weekly pedicure—something that’s more of a priority in the summer), it can add up to serious savings over time,” Rachel says. One of the quickest ways to cut back spending is by nixing unnecessary restaurant outings. Instead, invite some friends over and make your own restaurant experience. A delicious and affordable option is Well Yes! soups, which come in a variety of flavors, like Minestrone with Kale and Butternut Squash Apple Bisque—saving you money and cooking time.