Oversubscribed – How to avoid the cash drain of too many subscriptions

Oversubscribed - How to avoid the cash drain of too many subscriptions

I have a number of subscriptions that I like to keep up. Netflix, Microsoft Office, Adobe Photoshop, Chuze Fitness, and a few others prove very handy with my lifestyle. I use them all regularly, and some more often than I should. But I don’t maintain subscriptions to services I no longer use. Why waste the cash?

Your money is a precious resource, and you should use it for the things in life you need and want. Use it to further your education, your fitness, and your savings account. Use it to improve your lifestyle and your well-being. But don’t give it needlessly to businesses whose services you no longer use.

Businesses appreciate your subscriptions. They want you to be lifelong members, and will often urge you to continue using their services. That’s fine. It’s what a good business should do. It’s when you stop using those services, but keep paying the monthly fees that turns a good deal into a bad one for you.

It’s not about the efficiency or reliability of a service. It’s not about customer service or availability of the service. It’s about a subscription’s usefulness in your dynamic world. If you don’t use it, why pay for it? Oversubscribed – How to avoid the cash drain of too many subscriptions

You need to use your money efficiently to maximize its benefit to you. Dumping a subscription isn’t like getting a divorce. Divorces are hard. Stopping a service you no longer need isn’t quite so difficult, or at least it shouldn’t be.

It’s true some subscriptions are harder to cancel than others. For some, you can go online and press a “Stop my subscription” button – somewhere, even if it isn’t as easy to find as it should be. But many companies usually prefer direct interaction with a customer to cancel a service. This gives the business representative one last chance to keep you as a customer, even if you haven’t used the service in months – or years.

Do what you must to cancel an unneeded and unused service, but get it done. The sooner you can cut ties to a business you longer need, the quicker you can use that money for something far greater in value to you.  Oversubscribed – How to avoid the cash drain of too many subscriptions

Oversubscribed – How to avoid the cash drain of too many subscriptions

Oversubscribed – How to avoid the cash drain of too many subscriptions Oversubscribed – How to avoid the cash drain of too many subscriptions Oversubscribed – How to avoid the cash drain of too many subscriptions Oversubscribed – How to avoid the cash drain of too many subscriptions Oversubscribed – How to avoid the cash drain of too many subscriptions Oversubscribed – How to avoid the cash drain of too many subscriptions

About the Author

Rod Spurgeon

Rod Spurgeon is a professional writer, editor, and photographer. He writes a weekly column at ownyourdefense.net, is a content contributor at senior.com, and is the author of several science fiction novels and novellas.
 
He holds a Bachelor of Science degree in Global Business from Arizona State University and a Master of Business Administration degree from the University of Phoenix, and also received an Honorable Mention from PR News Daily’s 2015 Nonprofit PR Awards.
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Rod Spurgeon
Safety for Seniors

Rod Spurgeon is a professional writer, editor, and photographer. He writes a weekly column at ownyourdefense.net, is a content contributor at senior.com, and is the author of several science fiction novels and novellas.
 
He holds a Bachelor of Science degree in Global Business from Arizona State University and a Master of Business Administration degree from the University of Phoenix, and also received an Honorable Mention from PR News Daily’s 2015 Nonprofit PR Awards.

View All Authors