Learn how to identify, track, and manage your subscriptions and recurring expenses to avoid budget leaks.

Introduction

Prevent Budget Leaks: Small recurring charges add up over time.
Avoid Unwanted Renewals: Stay aware of what you’re paying for.
Maximize Value: Ensure you’re using the services you pay for.

From streaming services to gym memberships, subscriptions are everywhere. While convenient, they can quietly drain your budget if left unchecked.

Why Track Subscriptions?

Tip: SetMoney automatically detects and categorizes your subscriptions, so you never lose track of recurring expenses.

List All Subscriptions: Review bank statements and app stores for recurring charges. SetMoney can scan your transactions and highlight all active subscriptions for you.
Categorize by Priority: Identify which subscriptions are essential, nice-to-have, or unnecessary. SetMoney lets you tag and prioritize each subscription.
Set Reminders: Note renewal dates to avoid surprise charges. SetMoney sends you alerts before renewals so you can cancel or adjust as needed.
Use Tracking Tools: Budgeting apps can help you monitor and manage subscriptions easily. SetMoney’s dashboard gives you a clear overview of all recurring expenses.
Review Regularly: Reassess your subscriptions every few months and cancel those you no longer use. SetMoney’s analytics show you trends and help you spot waste.

SetMoney App: Track and manage subscriptions in one place, with smart notifications and analytics.
Truebill/Rocket Money: Identify and cancel unwanted subscriptions.
Spreadsheets: A simple manual option for tracking.

Staying on top of your subscriptions helps you save money and avoid waste. Make tracking a regular habit with SetMoney for a healthier budget.