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Home Financial Planning Personal Finance

Day 4: $100 Savings Challenge – Pause One Subscription

by TheAdviserMagazine
2 months ago
in Personal Finance
Reading Time: 5 mins read
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Day 4: 0 Savings Challenge – Pause One Subscription
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It’s Day 4 of the $100 Savings Challenge and today’s was a much simpler project — and quite easy to do! But it’s little things like this that can add up to a lot of savings!

See more below on what I did for today’s project…

Before we get to the challenge, one simple way we saved today was to bring our own snacks on a road trip. Remember that great deal on Kind Granola Bars we shared recently?

I brought a bunch of them on today’s trip to Atlanta (we’re spending the next week here for a big baseball tournament for Silas) and that’s what we ate on the road instead of stopping to get snacks. (If you wanted to save even more, you could make your own granola bars. But I stuck with store bought today since I had gotten such a great deal!)

And now, onto the $100 Savings Challenge! If you haven’t signed up for the $100 Savings Challenge, be sure follow the directions to sign up (there are prizes!!):

How To Participate in the $100 Savings Challenge

Go sign up for the $100 Savings Challenge to get your free 14-day plan.

Every week day of the challenge, I’ll be posting on Instagram, Facebook, and here on the blog as I work through the challenge myself.

I will invite you to do the daily challenges with me and to share your successes! Every day that you complete the challenge and submit it, you’ll be entered to win one of 5 $100 Amazon gift cards we’re giving away randomly at the end.

You can participate every day or just some of the days — whatever works for you! But every day that you participate and fill out the simple form, you are entered to win!

Day 4 Challenge:

Pause or Cancel 1 Subscription: Cancel or pause a streaming service, app, or membership for the month. (Save: $10–$20)

I highly recommend regularly looking over your subscriptions to see what you are paying for and make sure you are using that app, regularly watching that streaming service, and utilizing your memberships really well.

Another thing I regularly do, is to put reminders on my calendar to cancel subscriptions and/or make sure I’m actually using them. Oftentimes it’s just $5/month here and $7.99 a month there, but that adds up to a lot of money spent over the course of a year!

So when I sign up for something that is a subscription, I put a reminder on my calendar to check in 25 days to make sure I liked the membership/subscription and am finding it valuable enough to keep using. If not, that gives me time to cancel before it auto-renews!

We had just recently gone through every line item in our budget to make sure we wanted to keep all of the subscriptions and memberships, but today, I went into my Amazon account and checked to make sure I knew when the auto-renewal dates were for the free Amazon Music and free Kindle Unlimited offers I had signed up for and made sure they were on my calendar.

I also went into Amazon Subscribe & Save to see what subscriptions we had and made sure I wanted to keep them (I do this regularly because I often order items via Subscribe & Save to get a discount and then cancel once my order ships.)

I cancelled my subscription to the Kind Granola bars and Finish Dishwasher Pods today. I’m going to count that as $20 in savings since it will guarantee I don’t somehow forget and get charged full-price for these items in August and September.

So we’re currently at $45.25 found/saved so far with the challenge. How much have you saved/found so far as part of the challenge?

Enter to Win a $100 Amazon Gift Card (we’re giving 5 away!)

Go sign up for the challenge here! And just for fun — and to motivate you to join us for the challenge — if you do today’s challenge and fill out the form linked here, you will be entered to win one of 5 $100 Amazon gift cards I’m giving away at the end of the challenge!

Note: We may possibly share a few of the best entries over the course of the challenge, so by submitting the form, you are giving us permission to possibly post your entry. If you’d rather we don’t post it, please note that on your entry.

Did you participate today? I’d love to hear how today went for you!



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