Tip 2: Think before you subscribe to stuff!

These days we are constantly being sold subscriptions, newspapers, magazines, almost anything of the month clubs, you name it you can probably subscribe to it. In a lot of case a subscription sounds like a great idea, however frequently this is not the case. You have to think before you subscribe to stuff.

A subscription is an arrangement in which you make one payment for something that you then receive on a regular basis. Most people are familiar with this concept from magazine subscriptions, they pay once a year and then receive a magazine every month. You can actually get all sorts of different thing with a subscription and in many cases it is a good idea to do just that. However there are also times when it really isn't a good idea and you have to know when it is a good idea and when it isn't

The reason that a subscription can be a good idea is that it can be a way to save money. Back to our example of the magazine subscription you will be able to get the magazine delivered every month for much less than you would pay at the news stand, often less than half price. It is also very convenient since the magazine will be delivered right to your door. The problem is that if you normally wouldn't buy the magazine every month you really aren't saving any money. In many cases a subscription will lead you to buy something that you wouldn't otherwise buy since you think you are saving money. In reality if you otherwise wouldn't buy the magazine at all it is actually costing you money.

The other issue with subscribing to stuff is that in most cases there is no way to get out of the subscription if you change your mind. If you subscribe to a magazine and then decide that you no longer want it, you are probably going to continue to get the magazine for the remainder of the year. You also need to make sure that you aren't automatically renewed. Many subscriptions will automatically renew your subscription and charge your credit card unless you tell them not to. It is nearly impossible to get your money back after the fact so you need to make sure that you stay on top of when the subscription is up to make sure you aren't renewed for something that you don't want.

The question of whether or not you should subscribe to stuff or not isn't one that is easy to answer. There are times when it is a very good idea and times when it is a very bad idea. As a general rule it is best to only subscribe to something that you would pay for on a regular basis if no subscription was available. If you only use it some of the time it is usually best not to subscribe.