Cancel those subscriptions

“Your Netflix habit costs more than you think,” said Jessica Dickler in CNBC.com. Americans, including some dropping traditional cable and satellite services, have added a big menu of subscriptions to their monthly outlay. That frequently includes Netflix, Hulu, and Spotify, plus an annual payment for Amazon Prime. Yet most of us underestimate what we fork out each month for all that. “On average, consumers spend more than twice as much as they think they do.” In one study, consumers estimated they spent $111 a month on subscription services, but the figure was actually $237. Try to conduct an inventory of these costs and determine what you’re being charged. Saving $100 a month on subscriptions and investing the money instead can leave you with $17,308 after 10 years.