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6 Things You'll Regret Cutting From Your Budget Just To Save Money [Yahoo! Finance]
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Find Out: 5 Frugal Habits Suze Orman Still Follows Even Though She Can Afford Almost Anything Learn More: 6 Things the Middle Class Should Sell To Build Their Savings However, while cutting out expenses is a great way to free up money toward goals like saving, investing or buying a home, to name a few, there are some expenses you might just regret cutting in the quest to save money. Patrick Sabol, a CFP and a senior lead planner with Facet , explained the expenses you might not want to cut Retirement Contributions If you're looking to dial back on expenses, one area you should absolutely not reduce, if you can help it, is contributions to your retirement accounts, even though that may be a long way off. “People might think, ‘well, it's temporary and then I'll come right back to increasing those things,' but you might not get around to it. And once we have more money just sitting in our checking accounts, it's very common to spend more out of habit or psychologically,” he
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