Are you overpaying for subscriptions? It's time for an audit

From streaming platforms and apps to gym memberships and meal kits, subscriptions are convenient, but it's easy to overlook how much you're spending. Personal finance contributor Christopher Liew offers tips on how to audit your subscriptions to save money.

Are you suffering from subscription overload?

From streaming platforms and apps to gym memberships and meal kits, subscriptions offer a convenient and affordable way to pay for all of the little services that make our lives more enjoyable.

While convenient, it’s easy to overlook just how much you’re spending each month, and many people find themselves overpaying for subscriptions they rarely use, or don’t need at all.

Below, I’ll share some helpful tips on how to prevent excess subscriptions, how to take advantage of free trials (the right way), and how to audit your existing subscriptions so you can save money and keep what matters most.

The rise of subscription-based models has transformed the way we consume media and services. Back in the day, you or your family may have had a single monthly television subscription, or maybe a membership to a movie rental store.

Now, almost all forms of entertainment have been all but completely replaced by subscriptions. If you’re reading this, chances are that you have at least a few on your phone right now. Subscriptions can come in the form of:

Some people are even paying monthly subscriptions for features on their cars.