How to Find All of Your Unused Subscriptions and Save Money

Many online services use a subscription-based model nowadays, starting from Spotify all the way to Microsoft Office 365. While this means you don’t have to outlay a ton of cash up front, you risk forgetting about those old subscriptions that end up draining cash every month.

It used to be that just magazines and utilities billed you every month. Now it's everything

— Trim (@ask_trim) October 17, 2015

Enter Trim, a new service that intelligently scans for recurring charges on your credit card bill and alerts you of places where you might be wasting money.

Once you create an account and link your credit cards, Trim will text you a list of subscription charges it finds. You’d be surprised where all of your money is going! This might seem trivial, but a few dollars from several different services can add up quickly.

Even better, Trim does all of the canceling work for you. Just reply to its texts with “Cancel Hulu” or similar and you’ll be unsubscribed from that service. It’s much easier than tracking down each service manually.

Forgot about that LinkedIn Premium charge? An unused Hulu subscription? Old magazines? We'll take care of it.

— Trim (@ask_trim) October 13, 2015

The service is smart enough to ignore recurring items like coffee, even if you buy them on a regular basis, and has support for adding multiple cards. The only real drawback is that it only checks for subscriptions that have charged in the last 90 days, so yearly subscriptions won’t come up in your summary.

Trim is free for everyone, but currently has a waitlist for new members.

Example: Thomas signed up for Hulu to watch 1 TV show, then forgot to cancel. 30 days later, a $9 charge. Noticed & cancelled instantly.

— Trim (@ask_trim) October 13, 2015

If this left you with some extra money, check out the best subscriptions you can give as gifts for the holidays.

Will you check out Trim to cancel some subscriptions? What do you subscribe to that could be cut out? Let us know what you think below.

Image Credit: Bacho via Shutterstock.com