Practice frugality
If you trim some of your unnecessary expenses, there’s no way you won’t be able to save more money, in a much shorter period of time. But there’s another advantage to practicing frugality and living on less: you will get valuable information on what you spend most of your money on and what your retirement needs really are. It’s an eye-opener in terms of your strategy and plan for retirement.
Speaking of finances and cutting costs, here are 7 Ways to Successfully Budget for the Holidays In the Age of COVID-19.