This one small monthly routine can uncover money you didn’t realize you were wasting.
Key Points
- Transcript
- Schedule a monthly “money date” to review your finances regularly.
- Regular reviews help identify forgotten subscriptions and unused expenses.
Transcript:
Caroline Woods: What’s one tip that could instantly improve anyone’s finances?
Haley Sacks: You got to have a money date. You got to have a set time every month where you actually look at your finances, because what you don’t track will never progress. So you need to understand your baseline. And also I guarantee you that if you have a money date, you are going to see subscriptions that you forgot to cancel, packages that you forgot to return. Like, you’re going to find money that you didn’t even know you were wasting that will just, at your bottom line, put it towards your emergency fund. Put it in the stock market.
About the author
Rebecca Mezistrano is a producer at TheStreet. She creates daily video content covering financial news across various social platforms as well as for thestreet.com. You can reach Rebecca here.