Photo via cwdom.dm
People don’t realize it, but monthly subscriptions cost way more that you think, and I’m not talking about those monthly utility bills – I’m referring to the media subscriptions. Take a look.
Businesses like Cable and Wireless used to sell single products, until they realized they could make much more money by selling a subscription. It doesn’t seem like that much when you’re only paying $24/month for your telephone line. Here’s a breakdown of what you might be spending just on media subscriptions:
- $87/month for Internet (depending on Internet plan)
- $55/month for cell phone – If you have a post paid account
- $50/ average monthly cost for cable TV
- $24/month for telephone line
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EC$2592 per year
If you go ahead add in other subscriptions like your gym and you’ll be stunned. I wonder if this is one reasons why a lot of “Young Adults” are still living at home with their parents… I know of a number of 20 somethings that have to have all of the latest gadgets and 15-25K reconditioned cars, cell phone with a million minutes. 😥
Smart article! As a rule, never trust a business that offers you a deal. Investigate and analyze first, because the deal usually favors the business and not the customer.