Three ways Americans are wasting money and a simple step to save you $100s a year

AMERICANS tend to spend tons of money on subscription services, like Hulu, Amazon and Netflix.

In fact, according to a report from West Monroe, the average consumer spent about $273 per month in 2018.

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Subscription services can add up to unneeded expenses if they’re not usedCredit: Getty

This monthly average from four years ago does not include the increase in subscription service prices that has happened this year.

However, there are a couple of tricks to lower this monthly average.

1. Don’t forget to cancel the subscription before the free trial ends

Free trials are great, but consumers tend to forget to cancel the subscription before the free trial ends.

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Then, consumers end up paying for another subscription that they don’t necessarily need.

The best way to not forget about canceling the free trial is to set a reminder on a phone.

Once the reminder goes off, do it immediately.

2. Cancel apps that you pay for

TV free trials are not the only subscription service that can creep up on a consumer’s credit card.

Sometimes to get full access to an app, developers will charge users a small fee.

This fee tends to be around $2.99 a month.

Most of the time, consumers convince themselves that they are only going to use the app once.

But, once again, they forget to cancel.

It is better to just completely avoid downloading these apps because not only do apps tend to raise their monthly fee after a period of time, but it also can be hard to get your money back.

3. Get your employer to pay for Photoshop and Word

If you frequently use Word and Photoshop on a daily-professional basis, you should ask the company you are employed to cover the fee.

Employers need to give their employees all the necessary tools to complete their work, and these programs are some of those tools.

The necessary tools needed to complete a job has changed, especially since many companies have transitioned to a hybrid/remote work model.

So if you are currently paying for your own Word and Photoshop programs, it might be worth setting up a meeting with your boss.

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The Sun explains three money-saving challenges to save you up to $1,475 in a year.

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