Auto-renew clauses are a nightmare if you don't mark your calendar

I almost lost a bunch of cash because I forgot the opt-out date. Now I always set a phone alert as soon as I sign anything with auto-renew.

4 comments

4 Comments

abby_brown1mo ago

Phone alerts set for the opt-out date and the day before have saved me money.

spencerross1mo ago

Alerts for opt-out dates sound a bit extra (no offense). Most subscriptions just auto-renew without much hassle, so it's not like the world ends if you miss one. Seems like a lot of effort for something that rarely matters.

tessaw961mo ago

Except when it costs you fifty bucks for a service you forgot about. Setting a phone alert is basically zero effort. I do it for all my subscriptions now. Saved me from renewing a gym membership I haven't used in months. Call it extra, but I call it not throwing money away.

joelh2921d ago

Ever wonder how much that "rarely matters" stuff adds up over a year? @spencerross, I get it, one forgotten subscription isn't the end of the world. But it's never just one. Last year I found charges for a streaming service I stopped using, a cloud storage plan I didn't need, and some random app subscription. That was over two hundred bucks gone. Setting a single alert takes less time than ordering a coffee. It's not about hassle, it's about quietly burning money every month.