How would you like an easy $200 bucks a month back in your pocket? All it could take is a couple of phone calls. How? By canceling recurring bills for services or products you don’t need. Even if your budget isn’t tight, there’s no point in giving your hard-earned money away. Here are four bills you can get rid of, pronto.
1. Cable: It’s Time to Cut the Cord
The cost of cable (ranging from $25 to over $100 per month) really is hard to justify when there’s so much great content available online. If you haven’t heard, you don’t have to resort to illegal downloads or difficult-to-use streaming services to get access to a rich lineup of TV and movie content. Sites (and apps) like Hulu, Netflix, Roku, Amazon streaming and others make it really easy — and super affordable — to watch shows at a click of a button. Need tips for cutting the cord? Check out these easy (and cheap) alternatives to cable.
2. Landline Phone: Do You Really Need One?
If you live in a location where your cell phone reception is non-existent and a landline is the only way to reach the outside world during frequent power outages, then by all means stick with an old-fashioned phone line. But many households have opted to switch to a mobile-only strategy, and to cut out that pesky service whose main function appears to be allowing telemarketers to reach you during dinner. Why spend even ten bucks a month for that “privilege”? Want to save even more? Try reducing your cell phone bill with a pre-paid mobile plan.
3. Magazine Subscriptions: A Cost to Paper Clutter
Be honest. Are you still getting magazines in the mail every month and, if yes, do you read them cover to cover? If you’re reading this blog, chances are you have an internet connection and don’t need a bunch of dead-tree pubs clogging up your mailbox. You can get so much more of the best content on-demand, at your fingertips by moving your favorite bathroom reads to a Kindle. And when most magazines are mostly advertisements, how can they cost up to $3 a pop? (See why even book-lovers are making the switch to Kindles.) So cancel those paper subscriptions — the environment will thank you!
4. Gym Membership: Work It Out of Your Budget
No matter what kind of deal you got when you signed up for the gym, it’s not a good bargain if you don’t go regularly. (Regularly! Not once a month.) Don’t feel bad if you’re an infrequent gym rat — gyms count on most of their members not showing up! You can cut the gym membership and still stay fit, at a fraction of the cost. Try these frugal workout tips for staying fit on a budget, and get rid of that $50/month expense!
Now’s the Time to Cancel Unneeded Services
In case it wasn’t clear… I’m not advising you to simply ignore your bills (you don’t want to end up paying a new bill — to the debt collections agency). But do an audit of your monthly subscriptions (or try a service like Trim, which does the sleuthing for you) and decide if you’re paying those bills out of habit, or because there really isn’t a cheaper alternative. It definitely pays to be creative!
So go ahead and cancel your subscriptions for cable, magazines, phone services you don’t need, and gym memberships you don’t use. Cutting unneeded bills out of your life is the easiest way to free up some more cash flow.