Post image for Are Monthly Expenses Costing You More Than You Think

Are Monthly Expenses Costing You More Than You Think

by Paul on February 14, 2012

It seems like I find myself signing up for more and more services that charge a monthly fee lately.  I actually prefer that to a fixed cost, because I think in general they have more incentive to continue to improve their product.

However, if you’re not careful you’ll quickly find yourself signed up for a lot of things you may no longer need.

So I’ve been purging lately…

I’ve canceled 3 services that I wasn’t using at all, just being billed for on a regular basis and thinking I need to cancel that. Except I never got around to actually doing it…

The three services I canceled aren’t what are important in this post.  What’s important is that you ask yourself “am I paying for services I no longer need?” And if the answer is yes, then go cancel them today.

If you’re curious the services I canceled were a VPS that I hardly ever used, a private proxie service that was strictly for the VPS and an online rank tracking service (I also canceled my membership at the YMCA but that doesn’t really impact my IM bottom line much) I did replace the online rank tracking service with one that I think is better.  It’s Micro Site Masters (no affiliate link) and I’ve been using it for about a week.  So far so good…  Hopefully in 6 months I won’t still be paying for it and not using it.

I have two remaining monthly services that I’ve kept.  The first is Build My Rank (affiliate link) and the second is SEMrush.  I’m strongly considering canceling SEM rush because I’ve built all the sites I need to build and I actually need to stop researching keywords and focus on ranking the ones I’m going after.

If I do that, I’ll be down to just the rank tracking and Build My Rank.  That’s about $80/month combined.  Before I was paying about $220/month.  Basically I just added $140/month to the bottom line and it took a total of 10 minutes (as I wrote this I actually cancelled SEM rush, actually sent a note to support because I’m not smart enough to figure out how).

Take a few minutes and evaluate if you’re taking full advantage of what the service offers, and if you’re not either commit to doing so, or cancel it and move on.  Your bottom line will thank you.

Previous post:

Next post: