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Money Saving Tips

Saving
Creative Commons License photo credit: Ken Wilcox.

In business and even life in general we are always looking for new ways to cut down on costs and save some more moeny. This is especially true today in our troubled economy, we could all use money saving ideas right now. Below are a few tips on saving money that was recently talked about on National Spending Journal.

Shoeboxed does the grunt work so its users can efficiently manage their expenses and safely claim the deductions that they have been missing all of these years, automatically saving them time and money. A little bit of organization goes a long way, especially in this economy.

Explore the Black Box, this is the time between you noticing a product and the time when you actually purchase it, about a 15 second interval. So it stands to reason that even in business when purchasing new equipment, office supplies, etc. if you took an extra 15 seconds to think about it, you may find that you really don’t need it.

Always remember that the best things in life are free! That’s right, take advantage of what is out there free of charge. Rather than purchasing every business book known to man, join your library and rent them. Sign up for services online that are free and there to help you with your business decisions and tasks.

How do you save money in your business?

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Comments

  • One way is to keep the money you are saving separate from your personal spendable income. If yo have an existing Business, get an American Express business card, and you’ll earn cash back at the end of the year for everything you purchase for your Business

  • Thank you for that suggestion regarding the American Express business card…that is a great idea for businesses to partake on. Another good one is the Plum business card which is fairly new but work’s about the same way that the American Express Business card does.

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