Welcome to the latest edition of Money Saving Mondays, where we share short, actionable tips that will help you start saving money almost immediately.
Today’s tip is to stop wasting money and cancel memberships and subscriptions that you no longer need or use.
If you take a good, hard look at your spending I guarantee you’ll find some kind of membership or subscription that you’re paying for even though you stopped using it long ago.
Did you sign up for a gym membership in January with big plans to get back in shape but you stopped hitting the treadmill sometime around Valentine’s Day?
Maybe you signed up for the ultimate movie package when you found a killer FiOS promotional code, but since you gave up watching TV you no longer need it.
Are you still paying for a Costco membership even though you haven’t shopped there in years?
Or perhaps you have a giant stack of unread magazines sitting on your coffee table because you never have time to read them.
If any of these examples ring a bell then it’s time to start canceling subscriptions to save money. And the best part of all is that by cutting recurring expenses you get to save money again and again!
What kind of memberships and subscriptions do you pay for that you can go ahead and cancel?
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