“Beware of little expenses; a small leak will sink a great ship.” – Benjamin Franklin
Have you ever heard this quote by Franklin?
As a business owner, or one watching their personal finances, it is important to be wary of the little expenses that can & will eventually add up!
Have you ever eaten out often, even if you were only spending a little bit of money each time, but then you look at your bank account and wonder what happened to all of your money?
Have you ever had many different monthly subscriptions that you barely even use? Those 10 different accounts for only $5 a month, surely do add up fast. Those expenses that seem small can eventually sink the great ship of savings that you have!
You may not even notice until it is too late, because they are such small expenses that add up over time.
Be cautious of this, and keep an eye on all expenses, even the small ones, as they can sneak up and cause the most damage unexpectedly.