Organizational Challenge Week #23 Look for Budget Leaks

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This week’s challenge could be quick and will be done mostly online unless you don’t use online banking. In that case, you’ll need to grab your bank statement.

Look through your last few statements and look for recurring items. 

Do you belong to a gym you don’t visit? Find out their cancellation protocol and follow through. Sometimes these policies are an enormous hassle. I’ve had to send a certified letter in the past, even though the original contract had long since passed.

If your family cut cable service, how many platforms like Hulu or Netflix are you using? 

If you have cable, are you signed up for the correct package?

How about your internet package? Does your service require you to use their equipment, or are you paying a rental fee for a modem you could buy from any store like Walmart, Target or Amazon? The recurring rental fee will eventually be significantly more than buying your own outright over time.

Spending 15 – 20 minutes locating these budgetary leaks can save you money. 

Good luck!

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1 thought on “Organizational Challenge Week #23 Look for Budget Leaks”

  1. Good advice. I keep a list of trimmed items and subscriptions canceled. Makes me see how small items can mount up. Now if I could just figure out how to quit paying taxes, and rent, and power, and food, and ….

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