The Overlooked Money Move: Going Through Your Subscriptions

PennyGem’s Elizabeth Keatinge tells us what to do if you are feeling overwhelmed by how many subscription services you have.

Transcript

00:00so many streaming services a study by financial services company UBS says consumers can waste

00:10hundreds of dollars a year on products or services they're barely using as Vox reports

00:15some subscription services have become so integral to our lives we almost consider

00:21them utilities hello Amazon Prime and Netflix and subscription services are growing shave

00:27clubs cloud gaming and fitness fulfilled different needs Deloitte's 2021 digital media trends survey

00:34showed more than half of the 2009 respondents expressed frustration towards subscribing to

00:40multiple services to access the content they want what to do cut them all out inspired budget

00:47founder Alison Baggerly tells nerd wallet that the subscription detox is in order that means

00:52eliminating every subscription from your budget and determining what you truly miss and add those

00:59back in oh and note which ones auto renew so you can check if you need to cancel before that date