7 Best Trackers To Help You Manage Subscriptions and Cancel Unwanted Ones

Subscriptions — can’t live with them, can’t live without them. But when your monthly (or yearly) subscriptions are becoming more of a financial burden than a useful perk, canceling the ones you barely use through a subscription manager is a wise money choice.

See: Pocket an Extra $403 Per Month With This Simple Hack

Luckily, you can choose from multiple subscription tracker apps and websites to help you deal with recurring payments and manage subscriptions.

7 Best Subscription Trackers

If you are looking for a subscription manager to reduce your expenses, here are the seven best trackers available today:

• Rocket Money

• TrackMySubs

• PocketGuard

• Trim

• Hiatus

• Bobby

• Subby

1. Rocket Money

Rocket Money, formerly Truebill, is a finance app that helps you manage your subscriptions in one list and cancels them on your behalf when you no longer need them.

The app lays out your subscriptions in the subscription control center, allowing you to quickly review recurring and upcoming payments and identify the ones you don’t use.

Rocket Money also has multiple features that you can use to track your finances. It includes spending insights, bill negotiation, a net worth tracker, credit scores, budgeting and an autopilot savings feature.

You can download the free version of Rocket Money through the App Store or Google Play. The paid service costs between $4 to $5 monthly, billed annually at $48 to $60, or has a monthly fee of $6 to $12 without an annual payment.

2. TrackMySubs

TrackMySubs claims that it’s like “having your own virtual assistant” that keeps track of your recurring payments and sends you customized alerts.

With TrackMySubs, you can make bulk subscription updates and use the CSV import and export function to take backups. It allows you to track numerous expenditure and recurring payment types, from warranties, loans and rent to memberships and other apps.

TrackMySubs also comes with a free trial tracker. It allows you to stay ahead of any free trials you signed up for and sends you an alert before you need to cancel or renew. And unlike other similar services, TrackMySubs lets you send alerts to someone else and generate automated reports.

You can start using TrackMySubs for free but with minimal features included. The other two options are the Unlimited plan at $10 a month and the Enterprise plan, which costs $30 a month and includes multiple users, premium support and unlimited file storage.

3. PocketGuard

PocketGuard is a popular app that offers multiple finance solutions that help you manage your budget and recurring payments. This app is more than a subscription manager; it’s a tool that helps you keep track of your net worth and understand your cash flow.

The app includes features like account linking and subscription tracking, allows you to see your assets and debts in one place, and offers premium protection with 256-bit SSL encryption.

In addition to the tracking options, PocketGuard also negotiates lower rates for your bills, including cable and cellphone service.

You can sign up and start using basic budgeting features for free. But to get the app’s full benefits, the premium option is PocketGuard Plus. It costs $7.99 monthly and also offers annual and lifetime payment options. The annual option costs $34.99, while the lifetime plan requires a one-time payment of $79.99.

4. Trim

Trim is available for PC and mobile users, and it offers multiple financial services that help you save money, like subscription management, bill negotiation and spending analysis.

Once you upload your subscriptions, Trim helps you monitor when the next payment is and cancels the subscriptions on your behalf when you no longer use them.

Trim has over 3 million users, and most of its features are available at no cost. However, if you want to add the bill negotiation service, this feature will cost you, depending on how much you saved. Trim charges you 15% of the total you saved during your first year of use.

To date, the service has saved customers a combined $86 million by helping them track their day-to-day expenses.

5. Hiatus

Hiatus claims that it can help you take control of your financial life by managing your subscriptions, negotiating bills, summarizing your monthly expenses and helping you check your balances.

The app is easy to use, simply designed, and helps you track your spending and achieve your financial goals when you monitor your accounts through the app.

Hiatus lets you stay ahead of free trials, reminding you to cancel or continue with your subscription before the time is up. You can also cancel unwanted subscriptions through the app and delete one-off charges listed as subscriptions from your dashboard.

The app has free and premium options depending on the features that are important to you. The iOS version offers premium subscriptions with payment plans that cost $13.99 or $20.99 per month and yearly payment plans that start at $35.99 and go up to $59.99.

6. Bobby

Bobby helps you manage and maintain your monthly and annual subscriptions without frills or fuss. The app notifies you when bills are due and ensures that you have enough money in your account before the payment goes through.

Bobby has a clean and simple layout, allowing you to easily add or remove subscriptions even if your subscription type is not available in the app. With manual subscription additions, you can monitor all of your payments in one place.

Bobby has multiple in-app purchasing options depending on what features you would like to add. The All-In-One Pack costs $1.99, the Unlock Subscription Limit feature is an additional 99 cents, and the All-In-One Pack V2 is $2.99.

7. Subby

Subby is an Android-exclusive app that helps users monitor subscriptions, sends payment reminders before they are due and lets users customize app themes. It also includes a cost-management dashboard that lets you see how much you spend every year or month on your subscriptions.

The app is free to download and use, with over 10,000 downloads on Google Play. If you want a simple app that does the subscription management for you, Subby is a reasonable option to try.

Why It’s Smart To Monitor Your Payments

Most purchases for products and services in the past were a one-and-done deal. However, an increasing number of companies are shifting to the subscription payment model and offering personalized services for clients who are willing to pay for custom experiences.

While these payment models are not problematic per se, they can become burdensome and expensive when you no longer need the service — or never used it.

Some adopt the element of surprise when an annual renewal you forgot about comes up, leaving you wondering why you have a charge on your card. Other culprits include the elusive free trial — especially when you forgot that you entered your card details to use the service.

By using a subscription tracker, you can save hundreds of dollars annually and keep track of all of your recurring payments, including canceling the ones you don’t use and ending free trials before a charge comes up.

Takeaway

Investing in a subscription tracker makes a world of difference when you want to limit financial leaks and monitor your expenses.

These apps and websites come with plenty of useful features that give you a picture of your spending habits and help you save money with perks like bill negotiation and subscription cancellation.

Using a subscription tracker is a solid time and financial investment that pays in the long run, preventing you from overspending on services you don’t need — or only signed up for a free trial to use and forgot about.

This article originally appeared on GOBankingRates.com: 7 Best Trackers To Help You Manage Subscriptions and Cancel Unwanted Ones