In a world of subscription services and money-transferring apps, it is easier than ever to lose track of where your money is going. The list of streaming services is never ending, making it hard to remember what you pay for each month and if you even use the service enough for it to be worthwhile. Plus, apps like Venmo can make spending money dangerously easy. While all these services come with perks, they can also make your monthly budget disappear before your eyes.
If your transaction list is cluttered with automated subscription renewals or surprise expenses each month, then keep on reading for tips on how to begin your financial clean-up!
Check your monthly transactions for payments to services like Netflix, HBO Max, Amazon Prime, Disney+, YouTube Premium, Paramount+, Hulu, etc. Take an honest look at how much money is leaving your account for these entertainment-related services each month and decide if they are worth the cost. To you, these services might be worth the expense, and that’s perfectly fine! It’s just important to be aware of what you are choosing to spend your money on.
If you use Venmo or another money-transferring service, make sure to check how much money you are storing in your balance and how much of it you might be wasting with thoughtless transactions. Remember: your Venmo balance isn’t ‘Monopoly money,’ so treat it with care!
We recommend checking your in-app purchases to see how much money you could have unknowingly spent on special features or in-app perks. You might be surprised by what you find!
These are just a few of the hidden transactions that could be draining your budget. In the end, we recommend giving your monthly transaction list a thorough review, deciding which expenses are worthwhile to you, and ditching the rest! It’s your money, and you should have control over where it’s going and how it is working for you.
Click the link above to continue or CANCEL