I Was Spending Over $400 a Year on Unused Subscriptions. This App Canceled Them in Minutes [CNET News]
Netflix, Inc. (NFLX)
Last netflix, inc. earnings: 4/21 04:00 pm
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Source: CNET News
If you've ever paid for a subscription you weren't really using, you're not alone. I've written about money management and budgeting for over a decade, and I've fallen into this trap myself. A recent CNET survey uncovered that nearly half (48%) of respondents said they'd signed up for a free trial of a paid subscription and forgotten to cancel it before they were charged. These costs may not seem like a ton on a per-subscription basis, but they can add up fast. Respondents reported paying an average of $91 a month on subscriptions such as streaming services, subscription boxes and memberships to big box retailers. Unnecessary subscriptions can drain your budget of money you could be putting toward other financial goals, like paying off debt , building an emergency fund or saving for retirement . Fortunately, budgeting apps like Rocket Money make it easier to identify and cancel subscriptions you're wasting money on. I recently tested Rocket Money's subscription cancellation servi
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