The past few years have seen massive growth in options for subscription-based services, whether it’s app-based, online video streaming or streaming music services or even traditional monthly fees like gym memberships. Now many consumers are beginning to wonder if it’s time to cancel subscription services as they look back on how the costs are adding up.
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One of the biggest trends in personal finance is the rise of those who are seeking to cancel the cable bill and become “cordcutters” – a TV viewer who saves money by “cutting the cord” on cable TV. Online streaming video services like Netflix and Amazon Prime have made it easier for people to see their favorite shows and movies without a cable TV or satellite subscription, but there are more nuances to becoming a cordcutter than just canceling cable. Many have concerns about finally making the commitment to cut the cord, such as how to access live sports broadcasts, or what kind of technical savvy is needed, that prevent them from taking the leap.
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We spend a lot of time on this blog looking at the hidden, recurring, often small enough to be missed, charges that come out of our accounts each month. With election season just ending, many of our readers are wondering how to shut off recurring campaign contributions. Some of them are still wondering after looking up how to do it.
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You may think it sounds daunting to fix your finances, but with technology constantly finding new ways to make these processes simpler, gone are the days of stacks of paperwork, hours spent on the phone with the bank, and tracking down receipts. The editors of Kiplinger’s Personal Finance put together an exhaustive list of 38 ways to improve your finances quickly, and easily.
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The easiest way to manage your paid subscriptions
