Many people unknowingly waste money on subscriptions they’ve forgotten about. A 2022 survey revealed that 42% of Americans have paid for such subscriptions. Tools like Rocket Money, Hiatus, and Trim can help manage these accounts by identifying and canceling subscriptions, although using them requires sharing personal financial data. Despite potential privacy concerns, they offer budgeting solutions. The article emphasizes the importance of vigilance in subscription management to avoid unnecessary expenses, as well as providing guidance on services that can streamline this process.
Over the years, I've likely wasted thousands of dollars on forgotten subscriptions-and I'm not alone. A 2022 survey by research firm C+R found that 42% of Americans had paid for subscriptions they'd forgotten about.
These services connect to your financial accounts using Plaid. While Plaid doesn't share your login credentials, it does access other types of data.
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