• nicolejessicacoggan

How To Save Cash For Your Next Overseas Trip Today

Automatic Subscriptions

I was bitten so badly by this last night. Let’s make sure it never happens to you! 12 months ago I brought a new online program that I thought would make running my business heaps easier. The program turned out to be a dud (for my type of business) and I promptly forgot about it. It had cost around $600 at the time and while disappointed I just had to write it off as a business loss and move on.

Skip to last night when I received an email to inform me that my ‘automatic subscription’ had been renewed for the program and it cost $600. Yikes. I didn’t even realise that it was a subscription service let alone that it was going to automatically book me.

The first thing I tried to do was cancel my account. Needless to say I could not find any way to do this. I had to eventually email customer support to request they refund the money and disable my access to the software. I still don’t know if I will get the $600 back or not.

Anyway, immediately after this I went through my PayPal account and had a look for any reoccurring subscriptions that were going to catch me by surprise. There were quite a few for domain hosting I no longer needed or small monthly subscriptions on products I didn’t use. By turning the automatic renewal option off on products I no longer use, I’ve saved at least $800. It took about 5 minutes.

Your challenge this week is to go through your accounts and check for any reoccurring subscriptions or automatic renewals. Once you have a list, go through and cancel the ones you no longer need.

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