All posts by Mickey J

Save money by tracking your subscriptions with TrackMySubs

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.

Then I discovered TrackMySubs, a tool that lets users track all their subscriptions.

TrackMySub is running a lifetime deal on AppSumo for a limited time only!

$15 $288

Limited time only

Get Lifetime Access to TrackMySubs’ Entrepreneur Unlimited Plan

  • Track Unlimited subscriptions
  • Set Unlimited alerts per subscription
  • Send alerts to an Unlimited number of different people
  • Manage Unlimited payment types
  • Organize with Unlimited folders
  • 60-day money back guarantee. No matter the reason.

Forgetting about a subscription sucks because you’re paying money for something you’re not using. (And maybe you would be using it if you remembered you were subscribed to it in the first place!)

Here’s how my account is set up to monitor all my subscriptions.

 

TrackMySubs employs a powerful automated alert system that makes sure you never forget another subscription. I was pleased to know that you can set multiple alerts at custom times and set reminders for team members (or as I like to call them, family members).

You can also add notes to each alert so that you and your family members understand what it is you’re paying for and anything else you might need to know.

To use a monthly subscription to track monthly subscriptions may sound oxymoron and it’s hard for me to pull the trigger on getting it.

However, TrackMySubs is running a special lifetime offer on AppSumo where you can pay a small price of $15 for lifetime access to their Entrepreneur Unlimited Plan (usually costs $96 per year). I’ve pulled the trigger and have already bought this deal so I’m sharing it with you today.

There’s also nothing to lose with AppSumo’s 60-day money back guarantee because you can always request for a refund if you don’t like it. No questions asked.

Keep track of all your subscriptions today!

Get TrackMySub’s lifetime deal on AppSumo today!

$15 $288

Limited time only

Get Lifetime Access to TrackMySubs’ Entrepreneur Unlimited Plan

  • Track Unlimited subscriptions
  • Set Unlimited alerts per subscription
  • Send alerts to an Unlimited number of different people
  • Manage Unlimited payment types
  • Organize with Unlimited folders
  • 60-day money back guarantee. No matter the reason.

Fixed Expenditure Update: 2017

Here’s an update to my fixed expenditure for 2017 with some changes to my expenses liabilities.

Mortgage: $828 $879 (CPF)

As I move to the 3rd year of my bank loan for my HDB flat, the monthly mortgage repayment amount has increased from $828 to $879. Still within my monthly CPF contribution with some surplus so I’m comfortable with that.

Parent Allowance: $600

My mother retired many years ago after her leg started giving her problems. On top of the monthly payouts from her CPF account, I have been giving her some allowance each month. $500 $600 isn’t very much but that said, she isn’t spending much as well. I try my best to manage most of the household expenses so that she doesn’t have to pay for any of them.

Insurance: $156.93 $154.48 (excluding Medisave premiums)

I did an evaluation of my personal insurance portfolio recently and surrendered my investment-linked policies, switching to several term insurance policies for a much more well-rounded insurance coverage.

Death/Total Permanent Disability

  • SAF Group Term insurance for $300,000 sum assured – $38.40 per month
  • NTUC Income i-Term insurance for $200,000 sum assured – $24.70 per month

Accidental Death

  • SAF Group Term Personal Accident insurance for $300,000 sum assured – $13.38 per month

Integrated Shield Plan

  • PRUshield extra A Plus – $273 per year (though paid once a year, let’s take it as $22.75 per month)

Critical Illnesses (CI)

  • SAF Group Term Living Care insurance for $300,000 sum assured – $30 per month

Early Stage of CI

  • SAF Group Term Living Care Plus insurance for $100,000 sum assured – $10 per month

Mortgage Insurance

  • Aviva Mortgage Insurance (came as a package with my bank loan) – $17.70 $15.25

 

Taxes: $123.36

Income: $116.96

Property: $6.40

Utilities: $77.66

On top of my usual mobile and Internet subscription, I also have a premium Spotify account (cheaper when contracted on SingTel Music) for music on the go. I’m grouping everything under utilities because I deem them as essential services. Some may argue that I can easily reduced my utilities through piracy but I believe paying for premium contents (just not as much as the crazy prices our cable subscription cartel is charging).

SingTel Fibre 100mbps Internet, SingTel Mobile and Spotify bundle: $76.66

Total: $957.95 $888.83 (Cash) and $879 (CPF)

Expense Report: July 2017

Summary

 

Food expenses was a little higher than expected this year. Shopping was the line item that really took the cake. I bought a couple of GoPro products for video recording and cycling equipment. Everything combined into a mountain of costs, meaning I’ll have to be a bit more thrifty in the next few months.

Total expenses for July: $3,000.07 (including fixed expenses of $957.95

Details

Food: $494.13

Groceries: $4.80

Transportation: $60.25

Shopping: $1,435.74

Entertainment: $30

Personal Care: $17.20

Travel: $0