Hi there! Today, we can subscribe to anything, from software to periodicals and streaming services. They are so ingrained in our life that we might not even be aware of how much money we are spending on them each month. But don’t worry! The best money-saving advice we can provide you is to cancel any unneeded memberships. Simple right? Well, how should you get started?
Step 1: Identify and Assess
We’ll start by determining which subscriptions you currently use. Get that list out, jot down everything on it—Netflix, Spotify, that gym membership you haven’t used in months. Take note, you may not even remember those subscriptions that exist. Consider verifying bank statements, email addresses, play/app stores, mail, etc. Then, make a note of how much each one typically costs you. You will get a complete picture of your subscription spending.
Step 2: Set Your Subscription Budget
Okay, so now that you are aware of everything, it is time to make a budget. How much money per month are you willing to spend on subscriptions? You will use this budget as your benchmark when you decide which subscriptions to keep and which to cancel. You may need to consult and overall budget template in order to consider the right amount.
Step 3: Time to Streamline
Now, here comes the fun part. Take a good look at your subscriptions. Which ones are you using regularly and truly love? Those are the keepers. But, be honest with yourself—some of them might be draining your wallet without giving much in return.
For those that are stretching your budget and not adding real value to your life, it’s decision time. Reach out to the providers, make that call, and cancel them. Don’t be shy about negotiating or looking for better deals. The money you save here can go toward your savings, investments, or that dream vacation you’ve been eyeing.
So, what are you waiting for? It’s time to declutter your subscriptions, take control of your finances, and put your hard-earned cash where it counts. Your future self will be doing a happy dance!
The Messi Bun 
