Introduction
Recently I did calculation I save less than 15% net income last 10 years from 2010 to 2018. I like to be a frugal person. I like to push my saving rate to 60%. How can I do it?
Highly efficient person
1. Look good but going nowhere
I need to get rid of those emotional shopping for myself. I did case study for 2011 Dec., I shopped $600 clothing for myself in one month alone. Those clothing cost will easily add up to $3,000 dollars. Here is the blog.
2. No more vacation without a budget. $1000 maximum amount for a vacation. No vacation before I control my compulsive shopping. I did case study my vacation, I spent over $4500 Canadian dollars.
3. No more car maintenance over $200 dollars for unnecessary service. No more driving around. Cut cost down to $3,000 dollars/ every year.
4. Grocery shopping - cut expenses to maximum $300/ month, count all cash shopping, Costco shopping monthly.
