Memberships

I can see the value of Netflix, or Amazon or the like. I also know how helpful things like Adobe products are. Then there’s subscription boxes.

By careful with how many monthly costs you incure, and be even more aware of what it costs over time. People so often talk about the daily money choices like coffee and eating out that I don’t think they’re as a aware of how monthly stuff affects your budget.

That being said if you really do find great value in the $10 or so you spend on Netflix per month. Go for it, but also be aware of the opportunity cost of time.

That being said if you are a person who lives in the boonies and saves gas money by having Amazon Prime, enjoy. I know when I had Prime, I bought way too many extra phone cases.

Subscription boxes are a worse culprit for the most part in my opinion, they send you stuff you probably don’t need, for a moderate fee every month. The assumption here is you’ll get bored with last months, and then want more – this means paying more and more stuff that you didn’t get to consider your purchase item by item before buying. I can see how trying one once could be fun, but don’t get sucked in for a year at the very beginning.

You don’t have to cancel everything to be smart, just be careful of the number of memberships you have and be aware of how they affect your spending over time. It does add up, for better or for worse.

Breakdown (Rounded Up to Nearest Dollar):

Netflix: $9

Prime: $9

Basic Adobe: $20

BirchBox: $10

FabFitFun: $17 (t’s a Quarterly box though so each box is $50 technically)

FanChest: $60

FaithBox: $25

Hulu:$6

If you signed up for all of these for a year’s supply it will cost you:

drumroll please

$1872

That’s $156 a month btw.

Again, this is more to make you aware of the impact not to say you have to go cancel all of these right now.