Horse Sense Economics 101.7

Never allow your paid subscriptions or membership to ANYTHING to continue on "Auto Renew!" When your term runs out they will most likely contact you with a substantially reduced price.

(The only exception I'd make is insurance, but it never hurts to call your broker just before the renewal date and ask if there's a better deal available.)

If you subscribe or are a member of anything, online or otherwise, that requires annual payment, go to that web site and disable automatic renewal. If you can't do that easily, as I couldn't with a software product I used to use, call their support number and make them do it. I used to get dinged for all sorts of things I didn't really want to continue until I finally got serious about controlling it. When I had to go on a recession budget, it really made a difference. Not to mention relief on the irritation factor front.

Labels: Horse Sense Economics