Where the Money Goes

Track expenses to examine costs.

Aug 6, 2001

Are you spending too much but not quite sure where your moneygoes? It may be time to take stock.

Are your outside services too expensive? Try bartering some ofyour services in exchange.
Do your office supplies cost too much? Check out discountersand wholesale suppliers instead of paying retail.
How much money would you save if you switched long distancecarriers? Ask your current service to match any offers.
Are you spending too much on repairs? It may be time for somenew equipment. That'll save you in the long run.
Do you pay bills the minute they come in the door? Unlessyou're getting a discount, why not wait till the due date?

Excerpted from Get Smart: 365 Tips To Boost Your EntrepreneurialIQ

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