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Audit Your Monthly Paid Services! A Good Business Counts All The Pennies!

I shared a fiscally-charged challenge the other day in hopes to help my fellow Indie Hackers and their operating budgets.

In other words, it was a reminder to simply take the time to analyze and optimize (i.e. save money) your monthly services and figure out if there's anything you can do to squeeze a few more pennies out of your existing operating spend!

I usually do this every month but I've missed the last two months and I finally caught up and ran through my tool list — surprise... surprise... surprise... I had ballooned to ~ 60 services!

You can see the full-list above! It's also worth taking note of the columns that I've used to help provide context as well — things like:

  1. Tool Name
  2. Primary Owner
  3. Notes (for context, history, etc...)
  4. 1Password (is it available for others to use?)
  5. Credit card associated with the service

I had a few more columns because I was doing migrations via the pivots that I've had to make but you probably won't need those at the moment!

Here's the new list (available to review on GitHub):

With a big move and reducing my organization's tool load, I've ended up saving myself more than $1,000 USD in yearly costs (> $100 per month)!

I hope you find the time to sit down, organize your tools, and get a real, solid handle on your monthly expenses and the opportunities to save money!

Usually, there are "free" alternatives to most of the paid services that we use and even in the past week I've moved stuff from many "pro" offerings to "free" or "freemium" alternatives.

A healthy business is one that's light, agile, and cash-rich! Let me know if you have any questions!

on June 3, 2020
  1. 2

    Great post @8bit!

    We actually did our internal review the other day one thing we noticed is if we switch to the yearly plan for all our services we'd save several $100s monthly overall!

    1. 1

      YOOOO!!! that's one of the easiest "hacks"!!

      upvoting!