We’re all guilty of making mistakes with our finances at some time or another. But, you could be hanging onto some bad habits when it comes to your money. If you’re doing any of the following things, you might want to tweak your habits to cut costs and keep more of your money.
Signing Up for Too Many Subscriptions
I’ll admit, I’m even guilty of this one and I’m a huge budgeter. It’s tempting to sign up for a bunch of subscriptions. Your Hulu, Netflix, and Sling TV accounts are awesome, sure. But when you’re paying for several subscriptions per month, the costs can add up quickly. Since they’re inexpensive on their own, though, you don’t really notice the costs until you add it all up.
At one point in time, I had three TV and movie subscriptions, three app subscriptions for things like magazines, music, and books, and two subscriptions related to file sharing on my computer. Those eight subscriptions alone only cost between $7 and $15 per month, but all together equaled almost $100 per month. Just cutting a couple of those that I didn’t deem necessary saved me $30 per month easily.