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Rachel Thompson

Personal Finance Writer & Savings Strategist

Chicago, IL · 8 years of experience

Expense ReductionFrugal LivingSavings Habits
LinkedIn Profile

About Rachel

Rachel Thompson is a personal finance writer and savings strategist with eight years of experience helping everyday consumers reduce expenses and build better spending habits. Unlike many financial writers with Wall Street backgrounds, Rachel's expertise is grounded in the practical realities of middle-income households — she writes for people who are not wealthy yet but are working toward financial stability.

Her signature approach combines behavioral psychology with practical tactics: understanding why people overspend is just as important as knowing which subscriptions to cancel. Rachel has personally tested the expense-reduction strategies she writes about, documenting her own journey from living paycheck-to-paycheck to building a six-month emergency fund on a teacher's salary.

Rachel has written for The Penny Hoarder, Money Under 30, and DollarSprout. She holds a B.A. in Psychology from the University of Illinois and a Certificate in Personal Financial Planning from the University of Chicago Graham School.

Published on MintEdge

Savings 8 min read · December 15, 2025

10 Proven Ways to Cut Monthly Expenses Without Feeling Deprived

Small, systematic adjustments to recurring costs can free up hundreds of dollars per month without affecting your quality of life.

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Education

B.A. Psychology

University of Illinois

2014

Certificate in Personal Financial Planning

University of Chicago Graham School

2018

Areas of Expertise

  • Subscription auditing and recurring expense reduction
  • Grocery and food budget optimization
  • Behavioral spending triggers and habit formation
  • Frugal living without lifestyle deprivation
  • Savings automation strategies

Editorial Standards

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