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Beer, Detroit and the Importance of Spending Less

We all know that saving money is critically important to achieving a successful retirement. The opposite side of saving more is spending less. Spending less has benefits above and beyond the ability to increase savings. 

Watch the video to find out the other advantages of spending less. You'll also find out how two of my favorite subjects -- beer and Detroit -- relate to this topic.

 

Musical Treat

The Beatles point out the limitations of spending money in "Can't Buy Me Love." For something with a Detroit connection, check out Alice Cooper's "Billion Dollar Babies."