Q: “What are some of the most effective apps for clearing away and canceling inactive recurring charges?”
As you noted, there are a number of apps dedicated to helping people identify subscriptions they aren’t using and wasting money on. They fall, basically, into two categories.
The first, are apps that take your bank and credit card statements, scan them for recurring charges and then notify you when they are coming up. A couple of the most popular are Rocket Money (which comes highly recommended by the gals in the HerMoney Facebook group) and Trim.
If you’d rather track your subscriptions manually, one of the more popular apps is Bobby. Similar to Rocket Money and Trim, the app will notify you when a charge is about to be made so you have time to cancel if you wish to.
Lastly, you can also DIY it. Take a look at your bank and credit card statements and identify your recurring charges. Cancel the ones you aren’t using. Then, add renewal dates to your calendar. One last tip – do this too, anytime you sign up for a “free trial” of a subscription and don’t intend to keep it for the long haul. We’ve all been guilty of forgetting to cancel free trials.
