I Cancelled my Unused Subscriptions and Bought a Car

We've all been there. Signing up for a free trial, fully intending to cancel before the charges kick in, only to forget and find ourselves paying for a service we barely use.

Well, I took control of these forgotten subscriptions and ended up buying a car with the savings. Yes, you read it right, a car! Here's how I did it.

The Revelation

One day, while scrolling through my bank statement, I noticed a charge for an audiobook service I hadn't used in months. That got me thinking: How many other subscriptions was I paying for but not using?

I decided to take a deep dive into my finances and was shocked to discover several unused subscriptions silently draining my bank account each month.

The Cleanup

The next step was clear: I needed to cancel these unused subscriptions. I started by checking my account settings on my iPhone. It was a simple process: just tap on your profile, then select "Subscriptions" to see a list of all active subscriptions.

For those pesky non-Apple subscriptions, I turned to apps like Rocket Money, Truebill, and Bobby, which help identify and cancel unwanted subscriptions with just a few clicks.

The Savings

With every cancelled subscription, I saw my monthly expenses drop. It was surprising to see how these small monthly charges could add up.

I decided to put this newfound cash into a separate savings account. Month after month, I watched my savings grow, and before I knew it, I had enough for a down payment on a car!

The Reward

I'd always dreamed of owning a sleek, eco-friendly hybrid car, but it seemed out of reach financially. However, thanks to my subscription cleanup, I was able to make that dream a reality.

The Lesson

This experience taught me the importance of regularly reviewing my finances. It's easy to overlook small recurring charges, but they can add up significantly over time1. By taking control of my subscriptions, I not only saved money but also simplified my digital life.

So, next time you see a charge for a service you no longer use, consider it a wake-up call. Who knows, you might just end up with enough savings for your own dream purchase!

In Conclusion

In this digital age, it's easier than ever to accumulate subscriptions that we forget about and rarely use. By routinely checking and eliminating these unused services, we can free up funds for more significant investments - like a brand-new car!