Ignorance Is Not Bliss

The convenience of automatic payments may save time and help avoid late charges, but can easily disconnect you from being fully aware of where your money is going. Monthly subscriptions, memberships and automatic withdrawals become a given and then you build your life around what is left over. Over time it’s easy to feel like you’re running out of money before the end of each month.

You have a choice every day to take action or to be passive. As the first month of the new year comes to a close, consider taking time to fully review every single deduction from your cash flow. Open each email or text alert to view the details of each bill. Ask yourself these questions:

+ What can be eliminated from this specific vendor/service?

+ How can I reduce the cost for this service?

+ Is it time to shop around and compare rates/benefits?

+ Can I receive these services/benefits for a reduced rate or for free?

+ Am I paying for the same product/service through multiple providers?

+ Does this really serve an important purpose in building a life I love?

Manage your personal finances just like your own company. Hire the best you can afford for exactly what you need. Eliminate those services that no longer benefit your life. Look for ways to reduce your overhead by cancelling automatic memberships and subscriptions that you can replace in smarter ways.

What dead weight are you carrying in your finances? How can I help you reduce, replace or eliminate it?

About the Author

Ladybug Collaborative Inc

We bring clarity to personal financial management by providing the most accurate snapshot of your finances. Clarify * Simplify * Equip

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