One word: Prepaid.
Yesterday was Sunday. I would have loved to have been having fun in the sun with my family on the beach. But I wasn’t.
Instead, I spent hours at the office crunching numbers so I’d be ready to hand them over to my accountant come 1:30 on Monday. Yuck.
The good news is that I found six or seven recurring bills that I’ve been meaning to eliminate, and as I did my tax preparation, I put together a list of them. Adding up the figures gives me a monthly savings of $300.
Not bad.
One of the culprits is my cell phone. I don’t use it much, but I do find it handy. TMobile doesn’t have roll over minutes, so I called them up this morning to ask them about prepaid.
Turns out I can get 1000 minutes for $100. Same phone, same service.
This will save me $15 a month or more. And I don’t have to see their bill every month.
Another place I’m cutting the fat is with a mostly dormant merchant account (I have three, one for three separate brands) that for some reason costs one and a half times what the other two cost.
For the past twenty months I’ve been convincing myself that I was going to move forward with a project that just hasn’t materialized.
Have you looked at your recurring bills to see if you can trim some fat? I bet you have a hosting account you meant to cancel 13 months ago, or maybe a newsletter that just doesn’t deliver like it used to.
Redeploying My Newfound Wealth
Perhaps $300 a month shouldn’t be considered “wealth” but I’m thinking that some AdWords traffic for some soon-to-be-released projects might be in order.
Or maybe it’s time to do some more direct mail.
Whatever it is, I’ll be looking to send those 300 bills out into the world with marching orders to come back home to me with lots of “friends” attached.
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