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Money Leaks: Unused Magazine Subscriptions

The trouble with magazines is that they aren’t expensive. If you are patient, you can usually find someone selling a subscription for just a few dollars. Even if you buy it direct, it often comes out to much less than a dollar an issue. Magazine publishers are struggling to get their readership numbers up and so many even offer them for free, in the hopes that you subscribe on the renewal date.

This is the latest edition of our new series called Money Leaks. [3]

That said, spending $10 on something you don’t use is $10 not put towards an emergency fund, debt, savings [4], or something much more useful. So take a few moments to look around your house and check out the magazines you have. When was the last time you read it?

If it goes directly into the recycling bin, consider calling up the magazine and canceling your subscription. You will usually get a pro-rated refund. You can spend that on some coffee [5]. 🙂

(Photo: i-rocksteady [6])