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  2. What Is Discretionary Spending? How You Can Reduce It and ...

    www.aol.com/finance/discretionary-spending...

    Here are some examples that can help you better understand discretionary spending and some easy ways to reduce these non-essential expenditures. 1. Dining out at restaurants or ordering takeout.

  3. 5 Tips To Cut Nonessential Expenses Today and Build Up Your ...

    www.aol.com/finance/5-tips-cut-nonessential...

    Review what subscriptions you’re paying for to avoid unnecessary expenses. Check bank and credit card statements, look through your email inbox, and browse the settings in your phone’s App ...

  4. 7 Expenses Middle Class Families Should Trim Before ... - AOL

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    As winter approaches, middle-class families are gearing up for higher expenses like heating bills and holiday spending. With inflation still impacting everyday items, trimming unnecessary expenses ...

  5. Personal budget - Wikipedia

    en.wikipedia.org/wiki/Personal_budget

    Personal budget in an Excel sheet. Several personal finance softwares and mobile apps have been developed to help people with managing their money. Some of them can be used for budgeting and expense tracking, others mainly for one's investment portfolio. There are both free and paid options.

  6. 10 Expenses Most Likely To Drain Your Checking Account ... - AOL

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    Review these expenses and think about downgrading packages, canceling unnecessary subscriptions and looking for free alternatives. For example, workout at the park or borrow media from the library ...

  7. Efficiency ratio - Wikipedia

    en.wikipedia.org/wiki/Efficiency_ratio

    The efficiency ratio indicates the expenses as a percentage of revenue (expenses / revenue), with a few variations – it is essentially how much a corporation or individual spends to make a dollar; entities are supposed to attempt minimizing efficiency ratios (reducing expenses and increasing earnings). The concept typically applies to banks.

  8. Cost reduction - Wikipedia

    en.wikipedia.org/wiki/Cost_reduction

    Half cost strategies: ambitious strategies which aim to reduce the costs of specific production processes or value adding stages to 1/N of the previous cost. [7] Examples specifically focussed on the use of suppliers and the costs of goods and services supplied include: Supplier consolidation: see examples in the aerospace manufacturing industry

  9. ‘Difficult decisions to keep the lights on’: A third of ...

    www.aol.com/finance/difficult-decisions-keep...

    Millions of people are facing the possibility of living in the dark. A recent LendingTree study found that 34% of Americans cut back or skipped essential expenses at least once in the past year to ...

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