The cost of subscriptions can add up fast per month if not properly managed. Each one alone seems innocent enough by themselves but together they can quickly add up to $100 or more per month.
Eliminate subscription boxes and services: Save $10 to $20 per month
- You don’t need to spend $10 to $20 for someone to send you stuff you don’t need. If you took all the stuff that came in a year and put in a pile you would think you had been ripped off.
- By this I mean make up boxes, toy boxes, grooming product boxes etc.
Evaluate Music Streaming Services
- Do you need to pay a monthly fee for Spotify, Tidal, Pandora etc? Maybe save that ten dollars per month if you don’t listen that often and just use the ad supported version with commercials.
- If you listen all day every day then pay the amount.
- Think again in terms of cost per hour of use.
Keep only the periodicals you read in paper and digital form you actually read and look forward to reading each week or month.
- I only subscribe to one periodical which is Barrons. I dumped the rest and read them for free when I can online.
- If you get multiple magazines or newspapers let them lapse and see which ones you miss or just narrow it down to one or two.
- If you like the WSJ or NY Times and read it every day then keep it. The rule is you have to read it every day to make it worth it.
- Dump the magazines that you don’t read like People, Entertainment Weekly, Time, Runner’s World etc. unless you religiously read them. This will save you money and waste.
Cut any other monthly billings that you don’t really need
- Look at your credit card statements to see what is a subscription
- Cancel those that you don’t absolutely need
- Internet spyware protection? You can get that for free via Microsoft Windows 10.
- Keep thinking of ways to cut back