A while ago I decided to improve my cash flow and thought about how to do that.
I know that my monthly fixed spending is pretty high, so I decided to start there.
Currently my fixed spending is around 3000€/month.
My goal is to reduce that by 10% until the end of november 2013.
To achieve this I can:
- Cancel all subscriptions that I don’t need, but always was to lazy to do so.
- Empty out my storage room and cancel it — there should be plenty of space in my new basement.
- Optimize all contracts that I can easily change.
An alternative to this goal is to increase my income by 10%,
but I don’t believe I stand any chance of doing that;
And reducing spending is always better than increasing income.
If I manage to reach that goal I will allow myself to buy the big TV set for the living room that I want as a non-xmas-present.