Monthly Subscriptions Calculator
Subscriptions that renew each month can be convenient, but recurring charges for discretionary spending can also drain your budget.
It's easier than ever to subscribe to new services (especially with free trial offers), but remembering to cancel services you no longer use can be a challenge. A few examples include:
- Video Services
- Amazon Prime
- Newspapers
- Gym Memberships
- Music Services
- Cable Television
If your subscriptions provide ongoing value, that's great. But if you no longer need a subscription, canceling it can be a good way to save money.
Monthly Subscriptions
Estimate your monthly spending for each category and adjust the sliders.
Total: $ per month
Subscription Spending
$10 here and $20 there can really add up.
1 Month
$01 Year
$05 Years
$010 Years
$0Investing Versus Spending
But what if you invested that $0 per month? At a hypothetical 8%* annual return...
10 Years
$020 Years
$030 Years
$040 Years
$0* The average return of the S&P 500 stock index has been ~10% per year since it's inception in 1957, not including inflation or mutual fund fees. This calculator uses a more conservative figure of 8% to estimate potential long-term investment growth.