When the going is easy, we often indulge in a few expenses that typically shouldn’t be on our list of priorities. They are certainly not our basic needs. We do enjoy the various products and services we get by the virtue of subscriptions and our indulgences are rather pleasurable. But, when the going gets tough, tough gets going!
It is during those crunch situations that you need to take stock of the subscriptions which you don’t use any more. Even if you don’t have a crunch situation, it is always wise to review your needs and to get rid of all the fluff that you are paying for unnecessarily. There is no dearth of people who have subscribed to more products and services than they need. It is just a sheer waste of money.
Here is how you can get rid of unused subscriptions.
- There are subscriptions that you have to pay for in cash or check and you do so every week, fortnight or month. If there is no standing instruction, then you can easily make note of it at the time of payment and you can cancel the subscription. The trouble really lies with subscriptions that are automated with your credit card, debit card or just a direct debit from your bank account. It is these subscriptions that call for a more urgent review.
- Make a list of all the subscriptions you have. It could be magazines, accounts on dating sites, payments for applications you use on your mobile phone, software fees on your desktop or laptop, any unused services based in the cloud or any profile or paid account that you have in the digital or offline world that has no further utility. It is possible that you would find them useful again in the future but then you can always subscribe again. Make a list of all these subscriptions and immediately opt out.
- Most services or products can be easily unsubscribed for and it usually takes just a few minutes. Some will require a day or longer because there is some paperwork or pending payments to be cleared. You will have to adhere to the terms of subscription and if you hadn’t read them at the time of signing up then there can be some rude surprises. Regardless, it is incumbent upon you to take stock of your unused subscriptions and to cancel them sooner than later.