Cancel Your Unnecessary Monthly Subscriptions for Increased Financial Peace of Mind

There is nothing that companies like more than to find a way to get subscription-based monthly revenue out of your wallet. From video games to mobile devices, from banking services to the wine-of-the-month club, your five or ten or fifteen dollars per month, combined with those of other subscribers, are worth countless millions of dollars of monthly revenue to almost any industry you care to name.

If you take the time to add up each and every one of your seemingly inconsequential monthly subscriptions and auto-debits, you might be shocked how much you are really spending. Each of these mini-subscriptions is like a tiny crack in your financial dam, a leak in the holding tank of your financial peace of mind.

So what is the answer? Pull out an old-fashioned piece of paper (really!), make a list of each and every one of your monthly subscriptions fees and auto-debits, and start taking a proverbial red pen to the ones you really don't need or want anymore.

For example, I had recently been paying $25/month for a cellular data plan for my old iPad 2, which has remained quietly stowed away and undisturbed in its carrying case for the past 9 months. Since purchasing my iPhone 5c a few months ago, I had barely touched my iPad (a noteworthy piece of Apple user experience data in and of itself), but for some reason I just never got around to canceling the iPad data plan. So this morning I charged up my iPad, logged in to the cellular settings, and cancelled my unnecessary data plan subscription, saving myself a nice $25/month in the process.

Don't let these greedy corporations continue bleeding away your hard-earned money, especially on monthly subscriptions that you no longer need or want. Find a better use, any better use, for that money, reduce your monthly expenses, and reclaim a little peace of mind in the process.