Are You Monitoring Recurring Expenses? Recently, in the last five years or so, I have seen an increase in the popularity of software as a service (SAAS), and business tools that are a recurring expense. It is really easy for business owners to sign up for a tool and use it for a few months and a lot of times I see that they are really beneficial to the business owner for that time, then a few months later they are still paying for a subscription that they no longer use. It sounds a lot like my gym membership from this year! I was really consistent and went to the gym four times a week March through the beginning of June, then summer came, and it was really nice outside, so I stopped going to the gym, but I ended up paying for the membership through September. Luckily for me, the membership was only $10 a month, still, $40 wasted. I recommend to business owners that they go through their recurring subscriptions at least every other month. Pick out what they are using and cancel what the...
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