1. Unused subscription services

How many subscription services do you have? And how often do you use them? Just think about it: did you get a new TV streaming subscription last year so you could watch a show, but the moment the show was over, you forgot about the subscription? Or maybe you kept it because it was only a few dollars each month, and who knows when another great show will be streamed there?

What about the apps you paid for on your smartphone or membership communities? These might not seem like much, but they’re costly habits that take dollars and dollars out of your pocket each month, and they keep adding up.

Just look at the recurring subscriptions on your bank statement from the previous month and analyze the situation. If you notice any subscriptions you haven’t used in the past 30 to 60 days, it’s time to kiss them goodbye. If you still want them, consider downgrading them.

These companies frequently attract you with their low-cost subscriptions, making it easy to sign up for something that costs “only $10 per month.” Those $10 will be $120 at the end of the year, and that’s just one subscription. So, what do you plan on doing?