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today we are going to take a look at how to cut your expenses docHubly in three steps hello and welcome my name is pwb and I welcome you here at my first million mevia achieving our financial goals together so three simple steps thats the goal of this meeting and the result should be that you will be able to docHubly cut back your expenses so step number one let me switch over to my beautiful whiteboard step number one classify your expenses into a discretionary bucket and the necessary bucket so whatever youre paying but whenever you have money outflow think about is this really a necessity or act that you really need it do you really need this expense so its something really necessary for you or is it as discretionary is it something maybe thats a nice to have and I think thats a good way to put it the discretionary isnt nice to have it makes maybe your your life happier or a little bit easier or it brings you some Joy but you dont really need it so for discretionar