In relation to an individual, the firm resolution and persistent performance to reduce the amount of money one spends. A money hack is something such as changing car insurance to a low-priced plan, drinking tap water as opposed to bottled water, smoking only forty cigarettes instead of sixty every day [to hell with sin tax!], as a drug user halve the intake, eating out less and so on). – See money squeeze, money saving behavior, saving, saving mania.
Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent!
University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/