We have a lot of subscriptions in our household. We pay to subscribe to several magazines (Real Simple, Wired, Portfolio). We are members of our local gym and we have Netflix. We both have cell phones (hers is through her company) and we both have E-ZPasses in our cars. All together we probably have at least a dozen “monthly” services that we pay money for, all of which made sense at the time we subscribed. As our needs and our routines change, some of those services may not longer make much sense.
The idea of subscription optimization and per use cost is very simple. For a month, track how often you use a subscription and calculate the per use cost. If you pay $60 a month for a gym membership and go thirty times a month, that’s a per use cost of $2. Then compare it with the a la carte cost, or how much it would cost if you weren’t a member but still used the service. If it’s cheaper to go a la carte, cancel the subscription.
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