Are your subscriptions draining your bank account?

Author: Isaac Ehlers | Image: Isaac Ehlers

These days, there are subscriptions for everything – streaming services such as Netflix and Hulu, shopping services such as Amazon Prime, and news services such as The New York Times. With how many programs require subscriptions, it is super easy to forget what subscriptions you may have, and you can even end up paying for programs you are no longer using.

and studies show that 42% of people are being charged monthly for a subscription they no longer use! How do you avoid becoming one of those people? Find a way to organize your subscriptions. The easiest way to do this is with an app that will do it for you. This link provides 9 apps that will help you monitor your subscription expenses, and some of them will even cancel them for you!

If you don’t want to let an app do all the work, the first thing you should do is consider all of the subscriptions you know you currently have, and take the time to determine which subscriptions you actually need. If the frequency of your use of the program isn’t worth the cost, cancel it! Once you have gone through what you know, look through your bank statements for any charges you may not be aware of. If you don’t even know you’re being charged for it, it’s likely you don’t need it, and you can cancel it.

Are your subscriptions draining your bank account?

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