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Subscriptions, Subscriptions, Subscriptions, oh my!

Over the past few years, I have worked with many individuals who were looking for ways to cut costs. I quickly found that one of the easiest ways to cut costs was to simply look at the number of subscriptions that individuals have. There are tons of subscriptions for everything! The enticing part is that many are only a few dollars. However, these few dollars can quickly add up. Because they are so inexpensive, I have found that they are easy to ignore.

 

 

Today, we are no longer going to ignore them. First, take a few minutes to count the subscriptions you have. Next, look at the last time you used each one. It is so easy to keep a subscription because we have formed an emotional bond with it. It is not that we need it, or use it, but we just don’t want to part ways. If you have not used the subscription in a month it is time to get rid of it. Lastly, decide what you are going to do with the extra money from the canceled subscriptions. No, don’t get more subscriptions. This could be a great way to start the emergency fund or vacation account you have been talking about.