In the last 2 years, businesses have been transitioning their products and services from a ‘pay once and use forever’ business model into a subscription-based business model.

For me, I’m using subscription-based services for almost everything in my daily life.

Here’s a some of the subscriptions I’m paying on each month:

  • Microsoft Office 365
  • Netflix
  • Hulu
  • Spotify Premium
  • SingTel fibre and mobile
  • Personal insurance
  • Mortgage loan

All of them are paid automatically with my credit card, which is great because I don’t want to spend time making regular payments all the time.

The downside of this is that I tend to lose track of all the subscriptions that I’ve signed up for and ended up paying for subscriptions that I don’t really use. Like Netflix that I signed up to watch Marvel’s Defenders, and ended up paying for a few more months after I finished watching the show, just because I didn’t keep track of my subscriptions…