We all want to save money, but it’s not always clear how, given the sheer number of digital apps and services most of us have subscribed to. But from Netflix to Spotify, these monthly costs can add up quickly.
Unless you regularly check your bank statements (and you should!), you may be paying more than you realize. Subscriptions may include cloud storage, fitness services, consoles and mobile games, audiobooks, software, accounting services, online magazinesupport for indie creators, newsletters, and more.
One trick that can save you cash is to pay more to start: Switching to annual payments for your digital apps and services will typically cost less each month than paying 12 times a year and that’s something to consider if you can.
Of course, there are caveats. This will only work if you are absolutely sure that you want a full year for a particular app and service, if you have the money upfront, and if the annual payment option is actually available.
Apple TV Plus gives you a discount if you pay once a year.
Apple via David NieldIf you have an annual payment plan, the savings can be substantial, especially across multiple accounts. Take Dropbox cloud storage e.g. Cheapest paid plan is $12 a month or $120 a year. Choose the latter option and you’re effectively paying $10 a month, saving you $24 over the course of the year. Go payment settings in Dropbox to change your subscription.
Apple offers some notable discounts if you commit to providing your digital services for a longer period of time. Apple TV Plus It’s $5 a month but $50 a year, so if you commit to paying annually, you’ll save almost $10. Apple Music costs $10 a month but $99 a year, saving you about $21 a year. To change your subscription from iPhone, go to Settings, tap your name (at the top), then select Registration.
