Side Hustle School

#2912 - Q&A: “I’ve been paying for subscriptions I don’t use!”

Dec 21, 2024
A listener grapples with the challenge of paying for multiple unused subscriptions. The discussion revolves around the importance of regular expense audits to identify unnecessary costs. Practical strategies for canceling services are shared, along with personal anecdotes. The conversation emphasizes how effective management of subscriptions can lead to significant savings, helping listeners regain control over their finances.
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ANECDOTE

Ryan's Bookkeeping Subscription

  • Listener Ryan from New Orleans has been paying for an unused bookkeeping subscription for three years.
  • He's frustrated and wants to know how to recoup costs and prevent this from happening again.
ADVICE

Regular Subscription Audits

  • Chris Guillebeau recommends regularly auditing subscriptions to identify unused services.
  • He suggests doing this a couple of times a year to avoid prolonged wasted spending.
ADVICE

Offset New Subscriptions

  • When subscribing to a new service, cancel an existing unused one.
  • This helps manage the overall number of subscriptions and prevents accumulating unnecessary costs.
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