> what if you simply forget you even had a subscription?
Others have addressed your other points, but this one is where I roar. As a very frugal and paranoid guy, I watch my credit card activity like a hawk - like twice daily. There is no way in hell I'd simply "forget" that I'm paying for something. This idea evokes one of those "how do people live like this" reactions from me.
If there is a transaction against my credit card I don't recognize, an outgoing check i didn't write, a charge that doesn't match what was on the receipt, an interest deposit that doesn't match what it should be, and so on, I know within the day, not within a few months, and can take action.
And the best part is: It's not a lot of work. Get something like Quicken or one of its alternatives, which can connect to all of your bank accounts and credit card accounts at once, and simply hit refresh once a day while you're drinking your morning coffee. You'll find you're much more on top of things just by doing that simple thing.
Others have addressed your other points, but this one is where I roar. As a very frugal and paranoid guy, I watch my credit card activity like a hawk - like twice daily. There is no way in hell I'd simply "forget" that I'm paying for something. This idea evokes one of those "how do people live like this" reactions from me.
If there is a transaction against my credit card I don't recognize, an outgoing check i didn't write, a charge that doesn't match what was on the receipt, an interest deposit that doesn't match what it should be, and so on, I know within the day, not within a few months, and can take action.
And the best part is: It's not a lot of work. Get something like Quicken or one of its alternatives, which can connect to all of your bank accounts and credit card accounts at once, and simply hit refresh once a day while you're drinking your morning coffee. You'll find you're much more on top of things just by doing that simple thing.