how much money are you throwing away on autorenewals?
by beth ziesenis
app of the week
national renewal day every may 4 is technically a celebration of looking at life anew. but it’s also an opportunity to check the subscriptions in your world that are on auto-renew.
more apps of the week: make your computer a clean slate | recycle and repurpose old devices | enlist ai for more productive meetings | keep teams on task with project management apps | apps to put your affairs in order | app of the week: celebrate black business month | app of the week: cheap flights | help your clients save money | time to upgrade your spreadsheets | app of the week: secretly stash cash | easy apps for increasing client engagement with video | app of the week: grow your business knowledge and career skill sets | app of the week: upgrade your resume | app of the week: end procrastination |
see all: apps of the week here |
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there are several options available, and here are a few of the top-rated ones:
the app rated best overall by cnbc is rocket money (formerly truebill). it will track your subscriptions and alert you that you’re paying for things you may not be using (#mygymmemberships). the cost is free with the option to upgrade to a premium service for $3 to $12 per month. additionally, it can categorize your expenses and allows you to easily cancel unwanted subscriptions.
another tool rated highly is asktrim.com, which communicates via sms text. according to cnbc, it scans users’ bills and texts them to get permission to cancel any subscriptions it finds. there is a 14-day trial available, then the cost is $99 per year.
pocketguard is a free basic budgeting app, but includes an option to upgrade to pocketguard plus for $34.99 per year. the enhanced plan not only allows you to cancel subscriptions but also set a debt payoff plan, export transaction data, import transaction history, establish savings goals and more.
so take control of your finances and purge those unused auto-renewal memberships and subscriptions. see how much you can save in just one year.