What if You Cut Back on Your Expenses and Invested a Little More?

Many are getting deeper into debt, and as debts climb, it becomes even more difficult to start saving.

Please consider re-examining your priorities. 

It is so easy to spend money. 

What if you could cut back on your spending and invest more? 

Would it make a big difference? It sure can!

Imagine if you cut down on the money you spend on take-outs and entertainment. How much could you save? 

If you buy a burger or Happy Meal once a week at R70 and choose to make a sandwich, you will save around R50 on each meal or R200 p.m. Not only will it be healthier, but you will also free up some extra cash flow.

What if you cut down on your cellphone calls and data usage by just 20%? If your cell phone and data cost you R500 p.m., then you will free up R100 p.m. in extra cash.

What if you decided to downgrade your car? Not only would your monthly installment be reduced, but so would your insurance premium.

I’m sure that you get the drift.

What if you could free up R500 p.m., R1,000 p.m., or even R2,000 p.m.? 

Imagine if you then invested this money. This could make a massive difference to your financial future. 

Instead of spending all your money on “stuff” and “things”, you can turn your income into assets by investing. This, in turn, can set you up to be financially independent over time.  

The average Balanced Fund has generated around 10-12% p.a. over the long term. Yes, over the short-term, returns can be volatile, but over any rolling 5 to 7-year period or longer, these funds usually generate real growth. 

If you could free up some money in your budget, and if you invested these funds and received a 10% p.a. return per year, your investment would grow as follows…

*If you increase your investment contribution by inflation each year, you could generate even more growth.

You can generate explosive growth over time by cutting back on your expenses and investing a little more. By investing, you can build towards a brighter tomorrow.

Whenever you earn money, you can choose to spend it or invest it. If you invest your money instead of spending it, you will build up wealth over time. 

Even a small investment, over the long term, can significantly impact your wealth over time. 

Happy investing. You can build towards financial freedom by cutting your expenses and investing a little more.

“Don’t save what is left after spending; spend what is left after saving.” – Warren Buffett

“He who gathers money little by little makes it grow.” (Proverbs 13:11)