Okay, if your goal is to save $10,000 a year then let’s do the math.
Target saving goal: $10,000
No. of months to save: 12 months
Amount to save/month: $833.33 (goal/no. of months to save)
Amount to save/day: $27.77 (amount to save per mo./30 days)
So, simply cutting out all your spending that falls to your “wants” category will help you save this amount per day.
This means no latte coffees, food spa, home decor, dining out, food delivery, entertainment, monthly subscriptions, new clothing, and shoes.