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

    www.aol.com/discretionary-spending-reduce-save...

    The following tips can help reduce the budget until your financial situation improves. 1. Document Your Spending ... find a coupon for that next oil change and reduce unnecessary trips to save on gas.

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

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    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. 30 Expenses That Quietly Eat Away at Your Budget - AOL

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    Pre-Made Food. The grocery store is another place where the cost of convenience adds up. “Packaged, processed foods at the grocery store cost about 25% more compared to buying basic, healthy ...

  5. Personal budget - Wikipedia

    en.wikipedia.org/wiki/Personal_budget

    In the most basic form of creating a personal budget the person needs to calculate their net income, track their spending over a set period of time, set goals based on the information previously gathered, make a plan to achieve these goals, and adjust their spending based on the plan. [3] There exist many methods of budgeting to help people do ...

  6. Chartjunk - Wikipedia

    en.wikipedia.org/wiki/Chartjunk

    This chart uses a large area and much "ink" (many symbols and lines) to show only five hard-to-read numbers, 1, 2, 4, 8, and 16. Chartjunk consists of all visual elements in charts and graphs that are not necessary to comprehend the information represented on the graph, or that distract the viewer from this information. [1] [2] [3]

  7. Relevant cost - Wikipedia

    en.wikipedia.org/wiki/Relevant_cost

    It is often important for businesses to distinguish between relevant and irrelevant costs when analyzing alternatives because erroneously considering irrelevant costs can lead to unsound business decisions. [1] Also, ignoring irrelevant data in analysis can save time and effort. Types of irrelevant costs are: [3] Sunk costs [4] Committed costs

  8. 10 Expenses Most Likely To Drain Your Checking Account ... - AOL

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    Consider cheaper options such as staycations, road trips and free attractions to reduce costs. If you do need to fly or book a hotel, compare prices for different providers and dates, try to avoid ...

  9. 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.

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