Russ Lowry walks through how small recurring charges add up fast. He audits his subscriptions quarterly, cuts what he doesn't use, and found that five to fifty dollar charges pile into hundreds monthly. His friend Tracy's December spending habit showed him how easy it is to leak money without noticing.
Here's one for Dad's financial series. Take a look at all your expenses. These little nagging expenses can add up everything these days, you know, we look around and we've got Hulu and Disney and, you know, 599 here, 500 here, 999 here. The boys, like right now, they have these stinking Microsoft charges for their video Games. It's only 1999, but every so often, I normally do it. My buddy Tracy got me doing it every Christmas in December. So you start the new year off, you just cut the rope. You look through all these little nagging 5, 10, 15, 20, 25, $50 charges and get rid of them because they add up. So I even do it now, probably quarterly, and I have a budget tracking sheet for my business that I take a look at that because the next thing you know, you've got 2, 3, $500 in charges. They're just wasteful. Sometimes they cross over. Sometimes it's like, oh, I haven't even looked at that in so long. Or I don't even. I don't even use that product. So every so often, take a look, a hard look at your expenses, spouse's expenses, whatever, family expenses, and cut the rope. You'll be surprised at what you can save over the years. And sometimes you just go without. I mean, if you're not really using it, do you need to spend that much money on it again? Read a book, take care of yourself, save some money, because in the future, you'll be glad you did.
