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Tackling the Big Three: Saving on Transportation

One of the top three areas people spend (and waste) their money is on transportation (alongside food and housing). However, much more than for food, people seem to overlook that they have choices concerning their transportation and associated spending. For whatever reason, people tend to think of their transportation expenses as given, facts of life irrevocably laid out by the Traffic Gods at the dawn of time, nary to be questioned again.

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Tackling the Big Three: Saving on Housing

Housing is generally one of the largest expenses we have some influence over (alongside food and transportation). As usual, I find that most people don’t believe they have any control over this part of their lives and spending or believe their options are extremely limited. What if you had more control over this part of your life than you thought? Let’s descend into a hypothetical dream world together where you have control over your housing decisions and can make an impact on how much you spend…

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Tackling the Big Three: Saving Dough on Food

When thinking about how to tackle anything, I like to use the Pareto Principle, also known as the 80/20 rule. The important takeaway from this principle is that the majority of any given result (such as spending too much money) is usually driven by a small minority of inputs or causes. The same is true of spending.

For most people, the majority of their spending comes from The Big Three: housing, transportation, and food. Because the word food is in the name of this blog, let’s start there!

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