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Are you overpaying for subscriptions? It's time for an audit


//media-entertainment.news-articles.net/content/ .. ng-for-subscriptions-it-s-time-for-an-audit.html
Published in Media and Entertainment on Monday, December 2nd 2024 at 5:34 GMT by Michael Jones   Print publication without navigation

  • From streaming platforms and apps to gym memberships and meal kits, subscriptions are convenient, but it's easy to overlook how much you're spending. Personal finance contributor Christopher Liew offers tips on how to audit your subscriptions to save money.

The article from CTV News discusses the increasing prevalence of subscription services and the potential for consumers to overpay due to subscription creep. It highlights how easy it is to sign up for subscriptions but how challenging it can be to keep track of them, leading to forgotten or unused services that continue to charge monthly fees. The piece suggests that it's time for consumers to conduct a "subscription audit" to review and possibly cancel subscriptions that are no longer needed or used. It provides tips on how to perform this audit, including checking bank statements, using budgeting apps, and setting reminders for subscription renewals. The article also mentions the psychological aspect of subscription fatigue and the financial benefits of cutting down on unnecessary subscriptions, potentially saving hundreds of dollars annually.

Read the Full CTV News Article at:
[ https://www.ctvnews.ca/business/are-you-overpaying-for-subscriptions-it-s-time-for-an-audit-1.7125971 ]

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