10 Expenses You Can Cut Without Losing the Ability to Grow Your Business

Is there anything more expensive than losing a customer? If you want to grow your business you’ll have to find a way to save money. One area that you can easily save on is the cost of marketing and advertising. You could potentially cut these expenses in half by utilizing free or inexpensive marketing platforms like HubSpot to manage your social media accounts and attract new customers to your brand. Or, you could even consider using tools like Google Adwords or Facebook Ads to gain more traction.

While these are necessary expenses to bring in new customers, you don’t need to use expensive platforms to do so. Another area you can save on is office supplies. If you’re using a computerized office system like Microsoft Office 365 you won’t need to buy a new printer every few months. You could also use online tools like Printful to share and manage your printing preferences with a single click. In addition, if you have an Amazon account you can buy discounted office supplies, like paper, using their affiliate program. You can find a list of the best supplies for sale and the highest discounts here.

What other areas could you save on? Are you paying too much for your health insurance? Would you save money by using a home healthcare provider instead of going to the doctor for a cold or the flu? How about the cost of gas? Could you reduce your carbon footprint by driving less or switching to electric vehicles?

Health Insurance

If you’re paying too much for your health insurance you could try looking for a better deal. You could check with your current insurance provider or go through an online broker to compare health insurance plans. Most companies offer some type of special enrollment periods where you can get a better rate if you are actively looking for health insurance.

If the thought of a good deal on health insurance makes you anxious, you could also opt for a high-deductible health plan. With these types of plans, you’ll need to pay for health care yourself until you reach your deductible. Once you meet your deductible you’ll be responsible for paying the rest of the bills. However, opting for a high-deductible plan can help save you money in the long run. Studies show that people who use high-deductible plans spend a smaller percentage of their income on healthcare than people who do not have a high deductible. Furthermore, you can reduce your medical bills by visiting the doctor during an off-season or at a different location than your regular physician’s office.


If you’re spending too much on energy you could consider looking at your monthly bills and identifying areas where you could conserve. You could replace traditional lighting like light bulbs and lamps with bright, LED lightbulbs that use less energy. Traditional light bulbs and lamps are also often times costly to maintain and replace, especially if you’re constantly changing them to match the fashion trend of the day. If you have a lot of outdoor space, you could install a few motion-activated floodlights that automatically turn on when the sun goes down and off when the sun comes up. This will help save you money on your energy bill and ensure you always have lights when you need them.

If you’re not using any of the appliances inside your home, you could consider purchasing conservation appliances that will help reduce your energy costs. These appliances may cost a little bit more money upfront but will save you money in the long run.


If you’re paying too much for your mortgage you could consider looking for a lower rate. There are a variety of mortgages available with very low interest rates that would make a great deal more appealing. Many banks and credit unions offer mortgage loans with very low interest rates and flexible terms that would allow you to spread the repayment over a long period of time. You could also look into taking out a home equity line of credit or a Home Improvement Loan to consolidate debt and get a better rate. With a mortgage, you’ll also need to make sure you follow the rules and paperwork necessary to ensure you qualify for the best rate.

If you’re not using any of the appliances inside your home, you could consider purchasing energy-saving appliances that will help reduce your energy costs. These appliances may cost a little bit more money upfront but will save you money in the long run.


Is your food budget overwhelming you? Do you ever feel guilty about buying something just because it’s on sale? The short answer is ‘yes’. The long answer is that you could cut some expenses by cooking your own food or eating out all the time. Not only is cooking your own food cheaper in the long run, but you also have the freedom to make any changes you want to your diet. The healthier you are the better you can perform and the more you can contribute to society.

If you want to save money on your food bill you could opt for a food sharing platform like Costco’s Whoshopping. With this type of platform, you can purchase discounted food items that will be delivered to your home. You can also eat what you want when you want it without any restrictions. This is a great way to save money because you’re not restricted to one meal per day or to certain times of day that the restaurant is open.

If the thought of a no-guilt, freedom-to-cook approach to eating appeals to you, you could also consider joining a membership program at a restaurant. You’ll get to eat what you want without any restrictions and will only be charged when you use the membership card at the restaurant. Some restaurants have even introduced new menus just for members that exclude some of the costlier items on the regular menu.


Are you spending too much traveling? Would you like to travel the world but feel constrained by your income? You could cut some expenses by staying at home. The amount of money you need to travel will vary by your itinerary and the number of people traveling with you. However, there are a variety of ways you can save money on your travel costs. For example, you can book an apartment that will be cheaper than a hotel room and you can purchase a travel credit card that will waive all airline taxes and apply credit card rewards to your travel expenses. Are you looking to cut some expenses? How about considering a travel agency that will take care of everything for you? They will book your travel and hotel rooms, purchase you a meal plan if you are traveling abroad, and even help you make travel plans.

As you can see, there are many ways you can reduce your expenses without affecting your business growth. By being creative and looking for better deals you will be able to save a lot of money that you can then invest in more marketing and grow your business. Always make sure you are looking out for the best price, but make sure you’re not missing out on essential services.