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Chan uses his daily to-do list as an example.

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Chan said the same principle can be applied to finances.

There are only two ways you could make more money.

Then, he tracked his expenses and his budgets so he could save the money necessary to do so.

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Chan warned that the same applies to spending.

Often, our spending will expand to fill all available money that we have.

The more money we make, the more we spend.

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Chan warned againstsuch lifestyle inflation.

Keep your budget rigid, even as you make more.

Doing so on a quarter-by-quarter basis allows you to make any necessary changes to your finances.

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Do you mindlessly buy things when youre bored or overwhelmed?

It would serve your finances to locate what drives you to overspend and cut those triggers from your life.

Each of these strategies can help you cut overspending and preserve your income.

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