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This summer is a perfect time to carefully review your spending and look for ways to save.

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Investing in a reasonably priced healthcare membership and using it is 100% worth it, he said.

Overall, he said to just verify youre spending money mindfully on expenses that align with your needs.

Dont go too cheap, but you may find the experience is just as good without breaking the bank.

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This might require a little more planning time on your part, but it could result in serious savings.

Its time for grown children to handle their own phone bills and help with rent, etc.

Cable

Its time to cut the cord.

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Once you make the switch, youll forget you ever wanted cable.

You might be pleasantly surprised at the level of customization you could enjoy with streaming services.

Luxury Car Payments

Cars are expensive and even more so for luxury models.

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Mortgages, especially low interest rate mortgages, may actually be valuable, so keep those.

This can lower your premiums, freeing up cash to use elsewhere in retirement.

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