Try to count how many subscriptions you have. Not just streaming services, everything you pay for regularly. We bet you will miss one or two on the first try. The sheer number of different directions our money goes in means it’s easy to forget that you signed up for a free trial, say up to months after it starts billing you.
That’s where these apps come in handy. They help you identify the recurring payments that leave your bank account so you can be sure you want to keep subscribing to all of them.
However, these apps involve more than canceling subscriptions. They can help you renegotiate better deals on your smartphone contract, set up savings accounts for you, manage a more effective way to pay off debt, reduce the amount you have to pay on a parking card, and a lot more – usually with minimal effort from you. In short, if you are interested in better managing your money, and you are willing to have a third party review your finances to help you, they can do some of the work for you.
That means keep in mind that by their very nature, these apps must have access to your financial data. By linking them to your bank accounts, you trust them to treat your information securely and respectfully, and while we have no reason to suspect that any of these apps are untrustworthy, you should definitely read their privacy policies as well.
Don’t pay
DoNotPay bills itself as “the world’s first robot attorney” – he’s ready to help you dispute parking tickets, break government bureaucracy, cancel digital subscriptions you’ve forgotten, address issues with customer service representatives, and more Lake.
Install the app on iOS and it needs connections to your banking and email accounts for it to work its magic. In some cases, the app uses a simple chatbot to get information from you before you get to work for you behind the scenes, whether that’s to file the right documents or submit the right professions. You can also set up temporary phone numbers, email addresses and even credit cards to test the app without sharing your real data.
The service is even able to uncover hidden money that you may not realize you had – for example, refunded bank charges. The user interface is intuitive too, so it’s hard to get lost. Whether you have a specific problem to fix or you just want to see what DoNotPay can find, it’s worth a try.