Find Your Top Expenses
Controlling expenses is one of the fastest ways to improve your bottom line. This recipe walks you through identifying your biggest spending categories, spotting unused subscriptions, and catching any unusual spikes in costs. By understanding where your money goes, you can make smarter decisions about what to keep and what to cut.
1. Get the ranked list
Start by asking Judy to show you your top 10 expenses for the current month. This gives you a clear picture of where most of your money is going and helps you focus on the categories that matter most to your bottom line.
2. Look for cost-saving opportunities
Next, identify any subscriptions or recurring charges that you're no longer actively using. Many freelancers accumulate unused tools and services over time, so this step can uncover quick wins for reducing expenses without impacting your business.
3. Check for unexpected increases
Finally, ask Judy to flag any expenses that were unusually high compared to your normal spending. This helps you catch billing errors, unexpected charges, or one-time costs that might skew your typical monthly budget.