Tony Amaradio – Faithful with Finances – Offer Tips to Live on A Single Income

For those who might consider taking the leap to live on a single income, Tony Amaradio advises that discipline is key.

Aliso Viejo, CA - January 24, 2020 /MarketersMedia/ —

Both adults hold full-time jobs in 46% of households with two parents. Compared to 1970, this is a 15-point increase. Tony Amaradio, a money expert, thinks it is completely possible to live on just one income. He says that it can be liberating to bring in 2 incomes, but to spend just one. “That actually makes it easier to put one’s financial house in order,” he continues. Amaradio, founder of Select Portfolio Management, Inc. and Select Money Management, Inc., which design, implement, and monitor client portfolios, observes that the driving force for choosing to live on one person’s earnings varies from family to family. “Some people are determined to get out of debt, and use the second paycheck to pay creditors,” he notes. “Other folks are committed to catching up on retirement savings.” Amaradio adds that he’s counseled couples who donate their unused wages to charity, and others who wish to realign their spending in order to better stay within their means.

For those who might consider taking the leap to live on a single income, Tony Amaradio advises that discipline is key. He suggests that small changes in spending habits can reap tremendous savings. People may, for example, pay monthly fees for services they no longer use or that could be obtained free of charge. Because Americans spend as much money dining out as they do buying groceries, cooking meals at home instead of frequenting restaurants will slash food expenditures. Choosing different entertainment options like borrowing DVDs from the library rather than springing for movie tickets and popcorn, will also save money. Amaradio suggests that creativity can fuel other lifestyle adjustments and conserve cash. Virtually everyone has items stashed around the house that could be repurposed, bartered, or traded, he maintains, thus eliminating the need for additional purchases. Similarly, household expenses that seem set in stone may not be. Amaradio recommends that families review every expense and try to negotiate lower rates. Cable television fees and credit card interest rates can be lowered, while shopping for more reasonable auto insurance rates or a health plan that aligns costs with needed services can shave money off of fixed expenses.

When a family moves from dual incomes to a solo salary, Tony Amaradio states that communication must be a priority. Tackling a budget as a team and agreeing to make sacrifices in service of a larger goal can bring couples closer together and teach children crucial lessons about the value of money and the importance of cooperation. With proper planning and dedication, Amaradio says that living on a single income is within reach for many families. “It’s simply a matter of making series of choices that will lead to significant rewards,” he concludes.

In addition to being a wealth management innovator, Tony Amaradio is a sought-after presenter who travels the U.S. speaking about advanced market strategies. He and his wife, Carin, are philanthropists and co-authors of the inspirational book, “Faithful with Much: Breaking Down the Barriers to Generous Giving.” The couple assists nonprofit organizations in capacity building and in guiding major donors toward becoming more effective benefactors.

Anthony Amaradio - Visionary & Strategic Philanthropist:

Tony Amaradio - The Best Thing You've Ever Done! on Vimeo:

Anthony Amaradio - Facebook:

Contact Info:
Name: AAN
Email: Send Email

Video URL:

" target="_blank">

Source URL:

Source: MarketersMedia

Release ID: 88944108

Latest News

Madrid and Barcelona to arrive together for clásico

Feb 28, 2020

MADRID — Barcelona and Real Madrid will arrive together for the first clásico of the season amid security concerns in the Catalan capital. Spanish authorities have asked the teams to make their bus trips to the Camp Nou at the same time on Wednesday because thousands of Catalan separatists plan a protest near the stadium. The teams will also stay at the same hotel very close to the Camp Nou. More than 25,000 separatists are expected to protest around the stadium, and they could possibly carry out actions inside the venue as well, where nearly 100,000 fans are expected for...

Valencia rallies to beat Lille 4-1 in Champions League

Feb 28, 2020

VALENCIA, Spain — This time Valencia didn't miss its chance to join Chelsea and Ajax at the top of their Champions League group. With four goals in the last 25 minutes, the Spanish club came from behind and beat Lille 4-1 at home on Tuesday to reach seven points in the tight Group H. It is tied with Chelsea and Ajax, which drew 4-4 in a wild game in London. Last-place Lille, with one point, has no chance of advancing following the loss. Valencia also had an opportunity to reach the top in the previous round, but it conceded a...

Benzema leads Madrid to 5-0 win over Leganés

Feb 28, 2020

MADRID — Karim Benzema scored a penalty and set up two more goals to lead Real Madrid to 5-0 victory over Leganés and move into second place in the Spanish league on Wednesday. Madrid climbed to within one point of defending champion Barcelona. The two fierce rivals both have a game to play against each other after last round's "clásico" was postponed until Dec. 18. Granada, now in third place, can move to the top of the table if it beats Getafe on Thursday. Benzema assisted 18-year-old Rodrygo and Toni Kroos for goals in the sixth and eighth minutes. Serio...

Valencia concedes late in 1-1 draw against last-place Lille

Feb 28, 2020

LILLE, France — Valencia conceded a stoppage-time equalizer in a 1-1 draw against last-place Lille on Wednesday to miss an opportunity to move into a three-way tie at the top of Group H in the Champions League. Denis Cheryshev put Valencia ahead in the 63rd minute after a pass by Kevin Gameiro following a fast breakaway by the Spanish club, but substitute Jonathan Ikoné equalized for the hosts with a shot from inside the area in the fifth minute of injury time. A win would have left Valencia with six points, tied with Chelsea and Ajax after three matches, but...

The Latest: Soccer club Barcelona bemoans prison sentences

Feb 28, 2020

MADRID — The Latest on the trial of Catalan politicians and activists over their independence (all times local): 12:55 p.m. Soccer club Barcelona has criticized the Spanish Supreme Court's conviction of 12 Catalan politicians and activists for their role in a 2017 secession attempt, saying "prison is not the solution." The Catalan club said in a statement that the resolution of the independence debate in Catalonia must come "exclusively from political dialogue." It called on "political leaders to lead a process of dialogue and negotiation," and pave the way for the prisoners' release. Barcelona is one of Catalonia's most cherished...

About Us

The Score Daily brings to you the up-to-date record of your favorite sports team. Whether it is soccer, football, basketball, tennis, or rugby - you can get all the latest news update right here as we’ve got you covered.

Contact us: sales[at]

Subscribe Now!