Expert tips to reduce spending

"GMA" sponsor Wells Fargo is sharing some expert tips on ways to reduce spending for Financial Health Week.
1:03 | 05/28/19

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Transcript for Expert tips to reduce spending
All right, time now for a new savings tip from our sponsor Wells Fargo. It's their financial health week and teamed up with them. The keys spending and keeping move cash in your pocket. Hi, I'm mark. Financial health banker with Wells Fargo. It's easy to spend money but takes real skill know how to reduce monthly spending. One suggestion I give my customer, if you tend to eat lunch out packing your lunch with food you already have in your fridge one or two days a week can save you quite a bit. You know what takes a bite out of your wallet. Impulse buys on clothing. Buying clothes should be like buying groceries, make a list of what you need and stick to it. Up subscribe from pro-oceanal emails and may tempt you with things you don't need and making it easier to keep track of recurring payments with our control tower feature in the mobile app. For gym memberships and other recurring payments, the key is make sure you're using them. If not consider canceling or reducing your plan while lowering your monthly spending.

This transcript has been automatically generated and may not be 100% accurate.

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