No you don’t have to purchase anything
Just keep reading – then take a few action steps. You will see the results in a month and every single month after it.
Here is the first question – how many items do you subscribe to?
Specifically these are each and every single thing that is automatically billed to one or more of your credit cards each and every month. Make a list of the name of the company on your credit card statement, how much you are billed each month, and then what is the item or service you are paying for.
The second question is take a good hard look line by line and item by item.
Do you really need to have this item or service? If you don’t have to have it, or if it is marginal, immediately cancel it and contact your credit card company immediately after officially cancelling it with the company. If you are certain you must have the item or service then ask yourself this next question.
The third question is for the items or services you feel you must have do a double check on what you are paying vs. what an alternative might cost.
You may be in for a shock as once you get on the subscription model it becomes more difficult to comparison shop as we all forget about these auto pay monthly charges.
Total up your list and just write into the comments area for this article how much you will now be saving each month.
BONUS SAVINGS ITEM
Here is your bonus for hanging in there and recognizing this is for real. There is nothing to purchase just take a few steps and then take action. Here is your bonus savings item:
How many credit cards to you have? How many of these credit cards have an annual fee? Make a list and then follow the same process.
Why do you need to have each of these credit cards?
Let’s take into consideration some credit cards provide us with reward points or miles we utilize for travel on flights, hotels or other items.
Consider the monetary value of your out of pocket costs vs. the rewards. Certain credit cards may be part of a larger relationship with a financial institution. Again weigh your specific value vs. out of pocket costs.
**Here is the legal wording necessary to keep everyone above board and protected. None of the items in this article are meant to be financial advice. For your specific financial situation and advice about your finances you should seek the advice of a licensed and certified financial planner, accountant and/or legal advisor.**
Meanwhile everything in this article is meant to have you save $100 or more each month if you are subscribing to at least that amount or more each month on items you can simply cancel immediately.
Enjoy your savings.
Mitch Tublin is the CEO and Founder of Wenkroy International LLC a boutique consulting company with a main focus on Strategic Business Consulting, Training and Business Coaching. Our passion is to take people to the next level in their life and in their business. Are you interested in having Mitch speak at your company or event – click here?
