The Hidden Cost of Subscriptions: How Much Are You Really Spending Each Month?
By PeachPocket Team •
Netflix, Spotify, Dropbox, Canva, Strava, iCloud, YouTube Premium — sound familiar?
In the age of “just $9.99 a month,” subscriptions sneak up on you. One by one, they seem affordable — but together, they can quietly drain hundreds from your bank account each month.
The Problem: Subscription Creep
According to studies, the average consumer underestimates their subscription spending by 200–300%.
This “subscription creep” happens when you accumulate services over time — forgetting about the ones you barely use or never needed in the first place.
Where Your Money Is Really Going
- Streaming: Netflix, Disney+, Spotify, YouTube Premium
- Storage: Google Drive, iCloud, Dropbox
- Software & Tools: Notion, Figma, Adobe, AI tools
- Fitness & Wellness: Peloton, meditation apps, fitness trackers
Even small subscriptions — like a $4.99/month emoji keyboard — can snowball over a year.
Why You Should Audit Your Subscriptions
It’s not just about saving money — it’s about awareness. When you know where your money’s going, you can make smarter decisions, avoid overdrafts, and spend on what matters most to you.
How to Take Back Control
- Check your email for trial signups and receipts.
- Review your bank/credit card statements monthly.
- Use a tracker like PeachPocket to monitor subscriptions, get reminders, and receive a monthly digest.
Meet PeachPocket 🧡
PeachPocket helps you track subscriptions, notifies you before trials end or yearly charges hit, and sends you a clean monthly digest so you're never caught off guard.