Apps to Help You Trim Down Subscriptions – and Save Money

From the Wired Magazine website

Try to count billing you, for example. how many subscriptions you have. Not just streaming services— everything you pay for on a regular basis. We’re willing to bet you might miss one or two on the first try. The sheer number of different directions our money goes means it’s easy to forget you signed up for a free trial until months after it’s started 

That’s where these apps come in. They help you identify the recurring payments leaving your bank account, so you can make sure you actually want to keep subscribing to all of them. 

There’s more to these apps than canceling subscriptions, though. They can help you renegotiate better deals on your smartphone contract, set up savings accounts for you, manage a more effective way of paying off debt, reduce the amount you need to pay on a parking ticket, and lots more—usually with minimal effort from you. In short, if you’re interested in managing your money better, and you’re willing to let a third party look at your finances to help, they can do some of the work for you. 

That means you have to bear in mind that these apps, by their very nature, need access to your financial records. By connecting them to your banking accounts you are trusting them to treat your data securely and respectfully, and while we have no reason to suspect any of these apps are untrustworthy, you should definitely read through their privacy policies too.

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