Tip #8 – Implement the A La Carte Method
People spend an enormous amount on subscriptions without ever realizing it. Not only are the payments automatically sent, but it takes active effort — and acknowledging that you’ve been paying for something you don’t need — to cancel a subscription…which means it’s easier to do nothing than to cancel the subscription. This method forces you to be conscious of your spending.
Here’s how you can use the A La Carte Method for yourself. Cancel all the discretionary subscriptions you can: your magazines, annual Rhapsody plan, cable — even your gym.
Next, buy what you need a la carte:
- Instead of paying for a ton of channels you never watch on cable, buy only the episodes you watch for $1.99 each off iTunes, or at the very least review the channels you actually watch and switch to a less expensive plan.
- Buy a day pass for the gym each time you go (around $5-$10) and then determine if you actually use it often enough to make an annual membership worthwhile.
- Buy songs as you want them for $0.99 each from Amazon or iTunes.