Trick or Treat?

Happy Halloween! There is an odd sense of momentum toward the holiday season and the end of the year, so as we move toward year end will yours end with a trick or a treat?

Think back to the beginning of the year. Have you made the progress you expected toward your profitability goals? Yes? That’s awesome congratulations! If you answered no, don’t despair, there is still time to get some of those treats.

One thing that you can do between now and the end of the year is review your credit card and bank statements and question each recurring charge. Are you still using the service? Has it gone up to the point it’s no longer cost effective? Another item you may not have questioned in a long time is your credit card processing fees; what percentage are you paying?

One final thing that will be a real treat in the new year is to start setting aside 1-2% of your income for taxes. Set it aside before any bills are paid. We all know the tax man is going to be calling come April so let’s give him the trick and be ready for him. The good news is if you don’t need the funds that you save you can give yourself a bonus! Won’t that be a treat?