5. Streaming Services
Compared to cable, signing up for Netflix seemed like such a good deal. But then you signed up for Amazon Prime and several other specialized streaming channels because they carried specific shows you couldn’t get anywhere else, and… you kept on paying, even after you’d binged the shows you wanted and didn’t have much more reason to keep paying.
According to research by consulting firm Waterstone Management Group, on average, consumers spend more than twice as much as they think they do on monthly subscription services (including Netflix, Spotify Amazon Prime and more), and 84 percent underestimate how much they spend on them each month.
Cutting down on your lesser-watched subscriptions is one of the easiest ways to put money right back into your pocket.