“`html

8 Simple Ways to Manage Your Subscriptions

From food-delivery apps to streaming music services, subscriptions can make life easier. However, they can also drain your budget if not managed properly. Here are eight simple ways to manage your subscriptions effectively.

1. Keep a List of All Your Subscriptions

Staying on top of your monthly subscriptions can help you better manage your accounts. For each one, jot down the cost and when the bill is due. This simple step can help you keep your budget intact and prevent missed or late payments. You can keep track of your subscriptions by:

• Keeping a running list on your phone
• Adding your subscriptions to your monthly budget and reviewing it regularly
• Setting a calendar alert to remind you of payment due dates and subscription renewal dates

Apps like Bobby and Hiatus can bring all your subscriptions together in one place.

2. Charge Subscriptions to the Same Card

If you use the same card to pay for your monthly subscriptions, all of your charges will be on one billing statement. This can simplify your budget and make it easier to review recurring charges. You could also earn additional perks if you pay with a rewards credit card. To get the most out of your card, be sure to enroll in autopay and pay off your entire balance at the end of each billing cycle.

3. Periodically Review Your Subscriptions

A subscription that was a great fit a few months ago may not be as relevant today. Regularly reviewing your subscriptions can shed light on your spending. Ask yourself:

• Do you use the subscription?
• Does it bring value to your life or could you easily live without it?
• Has the price increased? If so, does the higher price point feel worth it?

Consider doing a subscription audit monthly or whenever you review your budget.

4. Look for Discounts

Visit the websites of new subscription providers you’re interested in—you might find discounts and promotional offers. A quick Google search of the service’s name plus “discounts” or “coupons” could bring up offers through third-party websites. You can also call your current providers to see if they’ll honor any discounts. They may offer deals to students, seniors, military service members, veterans, parents, and more.

5. Consider Bundling Your Accounts

Instead of paying for each individual subscription, you may be able to bundle and save. For example, Hulu offers a trio package that includes Disney+ and ESPN+. The bundled cost is less than paying for three separate monthly subscriptions. Check if your current providers have any partnerships in place.

6. Take Advantage of Free Trials

Before signing up for a new subscription, take it for a test drive with a free trial. This allows you to see if you really like it before committing. Just make sure to mark your calendar or set a reminder to cancel free trials before they expire, as some platforms will automatically charge you when the promotional period ends.

7. Negotiate Lower Rates

Contact each provider to see if they’re willing to reduce the price. If you’re okay with canceling, you may be able to use that as leverage. Some providers might reduce your rate to keep your business. Experian BillFixer™ can also negotiate better rates for you.

8. Shop Around for Better Prices

Your current subscription providers may not be the only options. Compare different platforms to find the best deal for you. This could help you save money and get the most out of your subscriptions.

The Bottom Line

Being intentional about how you manage your subscriptions can lead to significant savings. It starts with understanding what you’re paying for and finding simple ways to reduce your costs. In some cases, you may choose to cancel a subscription altogether.

For any mortgage service needs, contact O1ne Mortgage at 213-732-3074. We’re here to help you with the best mortgage solutions.

“`