It's Time For Your Year-End Financial Checkup

One important tip for avoiding bankruptcy is to do a year-end financial checkup. For me, this year it took the form of responding to all of those software subscription price increases. You know, the emails read like:

We've done such a great job of upgrading your service and giving you access to features you don't actually use, that we're raising your rates by 20%! Aren't you so happy we're doing this for you?

Most of these services have downgrade options, fewer features but at maybe half the price. Such as with my practice management software - the only features I lost in cutting my bill in half are features I either don't use at all or for which I have easy offline alternatives that cost me nothing.Do enough of that cost-cutting, and someone who is on the edge of filing for bankruptcy might find their budget now balances!