BizSugar.com › Raising Capital › Implementing Effective Cost Cutting Measures Saves Good Money

Andrew Schrage, Founder and Editor of Money Crashers, launched his start-up SparkCharge Media – a conglomeration of financial websites including MoneyCrashers, in 2008. He started his business on a shoestring budget at the height of the recession.
“With my business plan, I knew how much I had in savings that I was willing to allocate towards the business, and I derived my budget directly from that number. And I found ways to save on just about everything. I did virtually all of the legwork myself in the beginning.