5 apps that help you manage your subscriptions
Karen Bennett | (TNS) Bankrate.com
Many smartphone users rely on digital subscriptions as a source for entertainment, physical fitness and connecting with others. You can sign up for most streaming services, exercise clubs or dating apps in a matter of minutes — or seconds — and they conveniently charge you monthly or annually.
But those automatic payments can add up to a hefty bill. The average consumer spends $219 per month on subscription services, according to a 2022 survey by C+R Research, a Chicago-based market research firm.
Though each subscription probably seemed like a good idea when you signed up, you might now be paying for some that you no longer use. You could review your credit card statement and cancel them one by one — but a time-saving alternative is a subscription-trimming app that helps manage them. These subscription management tools can help you save money and time.
Rocket Money
Rocket Money is an app that monitors your credit card or bank statement, and it allows you to view and manage your subscriptions from a single dashboard. You can choose to cancel subscriptions on your own, or Rocket Money can do it for you if you’re signed up for its paid service.