Subscription Services

from Sustainable Minimalists · host Cloud10

Many of us signed up for entertainment (streaming television! date night in a box!) and regular home delivery of essentials (toothbrushes! groceries! toilet paper!) at the start of the pandemic. If you're like me, these days you may find yourself signed up for 10 or more subscription services.Subscriptions can be time-saving and convenient, and specialty ones make great gifts. But if you aren't receiving the value you expect from the subscription in question, it's simply a colossal waste of money and resources. There are other drawbacks to the recurring payment model as well, and on today's short and sweet episode I'm uncovering them. Here's a preview:[7:30] 5 disadvantages to subscription services that you may not have considered[8:45] What do recurring charges mean for our data and privacy?[12:30] Subscription services and the concept of sunk cost[18:00] One incremental action step for listeners to save money Further reading: The Rise Of The Subscription Model (via Forbes) * Join our (free!) community here.* Find your tribe. Sustainable Minimalists are on Facebook, Instagram + Youtube.* Email me and say hello! [email protected] Our Sponsors:* Thank you to LifeStraw! https://lifestraw.com/Support this podcast at — https://redcircle.com/sustainable-minimalists/exclusive-content Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

What this episode covers

Many of us signed up for entertainment (streaming television! date night in a box!) and regular home delivery of essentials (toothbrushes! groceries! toilet paper!) at the start of the pandemic. If you're like me, these days you may find yourself signed up for 10 or more subscription services. Subscriptions can be time-saving and convenient, and specialty ones make great gifts. But if you aren't receiving the value you expect from the subscription in question, it's simply a colossal waste of money and resources. There are other drawbacks to the recurring payment model as well, and on today's short and sweet episode I'm uncovering them. Here's a preview: [7:30] 5 disadvantages to subscription services that you may not have considered [8:45] What do recurring charges mean for our data and privacy? [12:30] Subscription services and the concept of sunk cost [18:00] One incremental action step for listeners to save money Further reading: The Rise Of The Subscription Model (via Forbes) * Join our (free!) community here. * Find your tribe. Sustainable Minimalists are on Facebook, Instagram + Youtube. * Email me and say hello! [email protected] Our Sponsors:* Thank you to LifeStraw! https://lifestraw.com/Support this podcast at — https://redcircle.com/sustainable-minimalists/exclusive-content

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This episode is 22 minutes long.

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This episode was published on May 12, 2022.

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