#cutting

How do y’all cope with cutting discretionary spendin?

( www.reddit.com )

How do y’all cope with cutting discretionary spendin? I live a frugal lifestyle as is, mostly because I make like $38k in a HCOL area and am financially saving nothing. I very briefly talked to a financial advisor and he said if I wanted to start saving, I need to cut a bunch of discretionary spending. My current discretionary spending is as follows: Subscriptions: $31/month – netflix, peacock, spo…

Reddit Personal Finance 250 2023-07-22

Tesla’s revenue soars amid rampant price cutting

( www.theverge.com )

Tesla’s revenue soars amid rampant price cutting Illustration by Alex Castro / The VergeTesla published its second quarter earnings report in which the company said it earned $3.1 billion in net income on $24.9 billion in revenue. That represents a 47 percent increase year over year compared to $16.9 billion in revenue in Q2 2022. The company’s gross margins fell to 18.2 percent for the second…

The Verge 228 2023-07-20