Save More Money Every Month By Changing Your Subscriptions

by CashTime Loan Centers

Sometimes memberships and subscriptions to things like your local gym, subscription boxes, Amazon Prime, or a music streaming service can save you money, and sometimes you can spend money on something that initially seemed like a good idea, but has turned out to be an expense you don’t really need. If you are looking for ways to cut back, saving money on your monthly subscriptions and memberships is one way to reduce your expenses. Here are a few ways to reduce your monthly costs:


  1. Cancel your cable. Do you really need 200+ channels to choose from when you want to watch television? Cancelling cable in favor of a lower cost subscription like Hulu or Netflix can save a significant amount of money every month. Why pay $100+ for cable when you can pay $10 for a subscription service? Take the extra money and pay down a credit card instead.

  2. Get rid of your land line phone. You may not think of this as a subscription, but you are paying for it every month, and this could be an expense you really don’t need. Your mobile phone or a VOIP service like Google Voice or Skype could fill this need. You won’t need to connect and disconnect the line every time you move, and the savings over a year could be in the hundreds of dollars. Just by getting rid of this one expense, you could see a huge savings over the course of a year.

  3. Bundle your bills. If you have home phone with one carrier, television service with another, and cell phone with yet another provider, consider bundling those services under one provider umbrella. Many times you can save over the cost of using several providers, as many companies offer significant discounts when you bundle services.

  4. Cancel magazine subscriptions. Okay, so like many of us you may have fallen prey to the cute little school age child peddling magazine subscriptions as a school fundraiser. But, do you really have time to read those magazines piling up on the coffee table? Considering you can find just about anything you need to know by doing an online search, maybe it’s time to ditch the magazine subscriptions and save some money. Besides, you can always participate in the chocolate candy bar fundraiser!

  5. Drop gym memberships. No, we aren’t saying you shouldn’t work out and be healthy, but do you really need to pay for a monthly gym membership to stay in shape? All you need is a pair of running shoes and you can take advantage of the neighborhood sidewalks or your local park. Even if you prefer to stay indoors, you can utilize free workout videos online or pop a DVD in your computer and work out at home. Since an average gym membership can run between $40 and $50 per month, that’s $480 to $600 you could save in a year. CNBC reports the real cost is closer to $800 a year with fees.


Monthly subscriptions and memberships could be one of your biggest expenses. By using one or more of these strategies you can reduce your monthly bills and have extra money for things like debt paydown or savings.