Money saving Finance tips

1. Maintain a budget and compare your actually profit and loss account to how you have been performing against your budget
2. Go after the highest cost items where the bulk of your costs might be - see what can be reduced, sometimes it might not be worth losing too much sleep over the smaller costs. Don’t be penny wise and pound foolish
3. Negotiate with your bank to give your better rates on your FDs. Threaten to walk away from them if they charge you fees or don’t give you good rates
4. Don’t overspend on your credit cards or incur overdrafts
5. Stretch your payments out to your suppliers, unless they call you or send in the goons, no harm if they can provide you with some working capital to fund your business