Subscriptions for media
What subscriptions do you get? Mostly it is mainly the daily newspaper, but also a TV magazine. Fashion journals, motorcycle and car magazines, handicrafts and DIY, as well as political and scientific media are also included. These products end up in our mailbox, we often hardly get to read them.
Subscriptions on the Internet
Another item concerns the Internet. We not only receive free newsletters and advertisements, but may also have a subscription for the regular delivery of books, CDs or DVDs that we can borrow or buy; sometimes the return is forgotten, and there is already a new product in the house that we actually did not have and did not want to pay for. Above all, we don’t need it.
The daily newspaper can also be read online, but most articles are only available for a fee. Anyone who makes a long-term booking here and with other media has similar costs to the products in the mailbox. The money leaves the account almost unnoticed, but before the end of the month there is no cent left or the account is in the red.
Subscriptions via cell phones
Subscriptions are also concluded via the cell phone, for example to ringtones. These are also debited using prepaid cards. Money is already running through our fingers at this point.
The only way: check and cancel subscriptions
Anyone who uncontrollably raises costs in this way can only get back into the green zone in one way: It is important to check every single item on the bank statement very carefully, also to check annual contributions and, in case of doubt, to cancel many subscriptions quickly this is feasible.
It helps to consider which subscription has priority and which is dispensable: How many newspapers and magazines do you really read through thoroughly so that the purchase is worthwhile? In addition to the daily newspaper of the hometown, must there be national media? Can’t you get the cultural and travel tips in other ways? Do you need so many new ringtones? Are you watching all the DVDs you get? And do you read all the books? A library card is often much cheaper, the selection of media here meets almost all needs, including the latest newspapers.
Habits versus benefits
Understandably, we do not like to give up many subscriptions, have been acquiring the data or products for years and do not want to do without the habit. On the other hand, such considerations must not lead to our account constantly showing a minus – after all, essential things are much more important than most information. Even many subscriptions for professional reasons are dispensable, because we often fail to read them. With some good money we could instead afford a nice long weekend to relax one day, when the cash register is right again.
Subscription debts are one of the unnecessary consumer debts that cost a lot of interest and should therefore be avoided!