MONEY · EXPLAINER

Give your subscriptions a ten-minute checkup.

List the services you pay for, their next renewal dates, and how to cancel. A free trial can turn into a recurring charge.

Electronic circuit boardIllustrative photograph · alerkiv / Unsplash

The FTC’s consumer guidance explains how free trials and automatically renewing subscriptions can lead to recurring charges. The important details include when a trial ends, what the later price is, and how cancellation works.

Here is our proposed ten-minute exercise. Open your own recent statements, list the recurring services, and add the next renewal date beside each one. Keep sensitive account details private; there is no need to upload them to a new tool.

Mark each service keep, investigate, or cancel. For anything you cancel, follow the provider’s process and retain the confirmation. Check a later statement rather than assuming the task ended at the last button click.

This is a way to organize your decisions, not a claim that every subscription is wasteful. A service you use often can be worth keeping. The useful question is whether the current price and benefit still make sense to you.

The evidence desk

Sources

  1. FTC: Free trials, auto-renewals, and subscriptions

What remains uncertain

Cancellation procedures and available remedies depend on the provider and circumstances. Consult the linked FTC guidance for its current advice.

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