Hidden Leaks are the little areas where money is slipping away unseen. These are small drips that can add up to hundreds of dollars each year. Plugging these hidden leaks are one way you can save money without feeling the pinch.

Here is our hidden leak tip for the day. Pull out your credit card and bank statements and look for subscriptions you may have signed up for and forgotten. These can include auto club memberships, networking subscriptions you no longer use, old internet providers and even gym memberships.

We did this two years ago and discovered we had almost $50/month being pulled automatically from our Credit Card for services we no longer used.

What can you find on your statements?

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Tiffany Colter is a passionate freelance writer whose credits include Today’s Christian, Charisma Magazine, Toledo Business Journal, and the Afictionado E-zine. Tenacious in her approach not only to create a great story, but also to mentor other writers, Tiffany can always be found in the presence of a book or laptop. A former world traveler who is fluent in three languages, she strives to reach those who are hurting around her.     She enjoys helping others build a strong business and writes a daily marketing blog for writers called the Writing Career Coach and a common-sense money management site, TheBalancedLife.com. Tiffany lives outside Toledo, OH with her husband, a recent cancer survivor, and their four girls.

Tags: money management, money saving

This entry was posted on Wednesday, February 18th, 2009 at 9:04 am and is filed under Hidden Leaks. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.