Borrow Smart, Repay Smart: Spend Less, So You Can Save More

Dear Borrow Smart Family,

Is it me, or does the word “budgeting” sound like something Jabba the Hut burped out?

I know, I know; budgeting can seem tedious, and it can take some time to figure out. However, there are a few resources and tips that can make it a lot bearable, if not easy to digest.

My lesson #28 shares this: Spend less, so that you can save more.

Seems like a simple idea, right? Most of us, are typically on a fixed income – with maybe an annual or quarterly bonus that comes along – so it’s essential to identify small ways to be able to put more money away for long-term goals.

Those tiny wins can stack up significantly over time (40K+ even) as I delve into it in my video below:

Big expenses are easy to track; it’s usually a lot of those little things like a book subscription or daily coffees, that add up over time. I challenge you this week, to grab your journal and your last month or so of statements to comb through your expenses to see: Where are you able to make a small (Or large) edit in your spending?

Let me know in the comments what you think!


About Trevor Hammond

As a veteran of the mortgage industry, Trevor Hammond is the co-author of "Borrow Smart, Retire Rich," a Certified Mortgage Adviser and a founding Faculty Member and Contributor to the National Institute of Financial Education ( And he has provided thousands of homeowners with the clarity and confidence to make smarter decisions when it comes to their mortgages and money. In 2013 he launched an entirely new kind of mortgage company: Aspire Mortgage Group, which is committed to educating and empowering homeowners to increase savings, eliminate bad debt, and safely increase net worth. The specialized group of mortgage professionals at Aspire Mortgage Group have redefined what homeowners should expect from a mortgage company. To learn more about Trevor Hammond and our team of mortgage advisors please visit our website at or email Trevor directly: Aspire Mortgage is a Sierra Pacific Mortgage Partner.
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