Like many expenses today, streaming costs are rising. Netflix recently announced Prices rise As someone who hasn’t watched Squid Game Season 2, I have no choice. However, the last thing I have to do is lose money on subscriptions that I don’t even use.
exist CNET InvestigationNearly half (48%) of respondents said they forgot to unsubscribe, such as streaming services, gym memberships or grocery services. As a result, they pay an average of $91 per month for what they don’t need or want.
Luckily, the budget app Rocket Money Can help you find unnecessary subscriptions and cancel them for you. I tested it and it shocked me a lot.
9.4
Rocket Money
like
- Affordable
- Easy to use
- Savings Target
- Credit score and net worth tracking
- Bill negotiations and cancellations
dislike
- Free version limited
- No debt playoff plan feature
- No investment tools
- Costs for bill negotiations
How Rockets Money Saves Me Over $400 in 15 Minutes
Rocket money is Budget Application This can monitor your income and expenses, helps you set savings goals and track all subscriptions in one place, whether you are using the free version or the paid version. This is my choice, too Best Mint Replacement Application Win recently CNET Editors’ Choice Award. The paid version of Rocket Money (costs from $6 to $12 per month) can also find and cancel some subscriptions for you.
You can try this service by navigating to the Repeat tab on the Application menu. You’ll see that the subscription will expire in the next seven days, coming, and how much you spend in a year.
The first thing I noticed is that my subscription to HGTV magazine costs $50 per year and renews within four days. It’s no slightest to unsubscribe considering the massive back issues I’ve accumulated but haven’t read yet.
Rocket Money gave me two options: the app can unsubscribe for me, or I can call them the phone number I canceled.
I chose to let them do it for me. The app asked for some basic information – including my name, billing address and why I wanted to cancel – and then confirm that they were working on it.
The process is quite painful, but I have a complaint. It wasn’t until after I submitted the cancellation request that I realized that it could take two to seven days for the Rocket money to complete the cancellation – I found out from the pop-up confirmation I received after the submission. Fortunately, I was able to quickly reply to email confirmation that the Rocket sent me and received a reply from a customer support representative within minutes who said they could cancel my cancellation quickly. The next working day, my subscription was cancelled.
I’m obsessed with it. What I haven’t realized yet? I reviewed other subscriptions and identified some that I no longer need:
- HP Instant Ink: $4.34 per month (for printers, I don’t even have it)
- New York Times figures: $4 per month (the number of free posts I get is usually enough for me)
- Wallstreet Journal: $4 per month (same as above)
- Pandora: $10 per month (recently switched to Amazon Prime Unlimited, this service is not necessary)
- Spotify: $10 per month (same as above)
I admit that when they log into my bank account every month, I hardly notice these small amounts. I group them into “other” in my budget and never really think about them because this category tends to always stay within my spending target range. However, watching them all get grouped together, it’s easy to see how quickly they can run out of my budget.
By canceling these subscriptions, I saved $32.32 per month, with a total savings of $387.84 per year. Adding it to my HGTV magazine subscription for an extra $437.81 in my pocket each year.
It’s good that even though I just installed the app a few months ago, I’ve subscribed to Rocket Money since the past few years, which allowed me to grab the expiring subscription, even though I haven’t had it since I installed the app Payment.
Overall, reviewing my subscription and having Rocket Money canceled 6 of them, which took me about 15 minutes. Getting savings over $400 is not bad.
Can Rocket Money be unsubscribed for free?
The free version of Rocket Money only shows your subscriptions – it won’t cancel them for you. To access this service, you will be charged $6 to $12 per month for the paid version. You choose your own amount, regardless of what you pay or enjoy the same features.
Since I already have Rockets Advanced, this is not a problem for me. However, if you don’t want to pay extra for the Rockets to cancel your subscription, you can easily use the free version to identify your subscription and then cancel them yourself.
You can also try using rockets Act negotiation serviceswhich can help lower your monthly expenses, but if you can save money, you will pay 30% to 60% of your first year savings.
Other ways to avoid overspending on subscriptions
I use Rocket Money to trim my subscription costs because this is the budget app I use and I would rather save a few minutes, especially if I don’t spend any extra money. However, if you don’t mind calling the customer service line or logging into an online account, you can unsubscribe yourself.
These tips can also help you maximize your savings:
- Pay attention to your renewal date. Whenever you register for a new service, please pay attention to renewing. Then, set reminders on the calendar for the previous week so you can decide whether it is worth renewing and canceling. If you sign up for a free trial, Using a virtual card Cancellation is a breeze.
- Check your budget regularly. Go past you Budget Weekly can help with your live subscription fees that have reached your account and canceled your fees. But don’t just look at each transaction, even a minor transaction. I’ve been paying attention to my expenses, but I don’t always act on the line to evaluate whether each fee is really worth it.
- Rotate your streaming service. You can only watch so much content in one month. One of the easiest ways I find to reduce the cost of subscription is to subscribe to only one streaming service at a time. For example, when a show I liked dropped a new season The largest HBOI canceled mine Netflix subscription And registered for one month. I looked at everything that was interested in Max before it was founded a month, and then I canceled it and went on to another service.
- Take advantage of free subscriptions. Some subscriptions give you free access to other services. For example, Walmart Add Free membership Paramountainga subscription. Amazon Prime Membership With free Amazon Music subscription and free GrubHub Plus one year privilege. Check out your existing subscription to see if they offer any free perks you can take advantage of.
- Visit your local library. Many library systems have free access to newspapers, magazines, etc. Check out your local library to see what you can enjoy for free.
- Threat to be cancelled. Sometimes you can get a discount by calling customer service and saying you want to unsubscribe. It doesn’t always work, but trying it won’t hurt anything.
