Summary of COST-CUTTING VS MAKING MORE MONEY || Do you have a spending problem or an income problem?

00:00:00 - 00:15:00

In this video, Susan Wanjiko discusses the benefits of cost cutting and frugal living, and how to make it easier. Cost cutting is a tool that can help you get closer to your financial goals faster, and can help you avoid becoming financially unstable. The video discusses various ways in which individuals can reduce their spending or increase their income. The seven income streams that will "sprint" an individual to financial freedom are also mentioned.

• 00:00:00 In this video, Susan Wanjiko discusses the benefits of cost cutting and frugal living, and how to make it easier. Cost cutting is a tool that can help you get closer to your financial goals faster, and can help you avoid becoming financially unstable.
• 00:05:00 The video discusses various ways in which individuals can reduce their spending or increase their income. The seven income streams that will "sprint" an individual to financial freedom are also mentioned.
• 00:10:00 The seven sources of income discussed in this video are: 1. Business income 2. Interest income 3. Dividend income 4. Rental income 5. Capital gains 6. Royalties 7. Creativity and innovation royalties
• 00:15:00 In this video, the host provides tips on how to reduce expenses and increase income. Some of the tips include using tricks to save money, creating an income stream, and commenting, sharing, and liking the video to increase viewership.