Skip to Content

It starts out innocently enough. You sign up for a monthly delivery of razor blades or skin care samples or any one of the hundreds of subscription services currently available. It’s convenient, relatively inexpensive, and it’s fun to receive something in the mail you actually want to get. So you try another subscription, and another, and before you know it, there are multiple subscriptions arriving every month. What started out as a simple convenience has become an expensive habit. Let’s take a look at how to keep it under control and avoid subscription overload.    how to avoid subscription overload

Audit Your Subscriptions

Do you know how many subscriptions you’re actually getting every month? If not, that’s step one. Figure out exactly how many subscriptions you receive and what they’re for. If there’s overlap in a category — such as multiple sample or beauty subscriptions — determine the one you feel is the best value, keep it and get rid of the rest.

If the total number of subscriptions you receive ties up money you could be using for other things, you’re on subscription overload. To get back on track, cancel all of them and rework your budget to make progress toward your financial goals.

Adjust the Frequency

Maybe you just need to take a break for a while. Many subscription services allow you to change the frequency to receive bi-monthly or even quarterly deliveries. Taking a break can help you save money and give you the chance to use up what you already have.

Change How You Pay

It’s quick and convenient to sign up for subscriptions using a credit card. But it’s also a good way to lose track of how much you’re spending each month. Set it up so that subscription fees are deducted directly from your bank account instead. You’ll be able to better track how much you’re spending. And because it will affect your ready cash flow, there’s a good chance you’ll end up canceling subscriptions you don’t really need.

Don’t Forget Digital

In addition to your subscriptions for stuff, you probably have just as many subscriptions for digital services such as Netflix, Spotify and HBO Go. And there are new options popping up all the time. To keep from getting overloaded, do a complete purge of all your digital subscriptions and start again from scratch. Figure out the services you use the most and resubscribe. Chances are you won’t miss the others. If you do, plan your viewing strategically based on the release dates of your favorite shows so you’re only paying for one service at a time.

When used carefully, subscription services can actually save you money by minimizing last-minute shopping or impulse buying. The key is to keep close track of how much you’re spending each month, and continually evaluating each subscription for usefulness and value.

Related Posts

6 Steps to Take if Your Vehicle is Repossessed

Having a vehicle repossessed is a shocking occurrence. Suddenly, you’re left without transportation to get to work, school and run necessary errands. Although it’s an unfortunate situation, it’s not a hopeless one. If you act quickly, you may be able to get the vehicle back. Here are some steps to take if your vehicle is […]

Read More

What Parents Need to Know About Student Loans

Sending a child off to college is a proud moment for any parent. But today’s college education comes with a hefty price tag. For many families, student loans are the only way to pay for higher education. And for parents, a lot has changed in the world of student loans since they were in school. […]

Read More

Steer Clear of Gift Card Scams

With gift cards once again topping the list of most-requested holiday gifts, there’s a good chance you’ll be shopping for at least one of them this holiday season. Unfortunately, gift cards have become very popular with scammers and thieves as well. Here are some ways you can avoid gift card scams and help ensure the […]

Read More
Font Resize

Call 866-528-0588

Or schedule a call now
Please complete the required fields to continue.
Now Later