00:00:00
I've clicked on the button subscriptions. I have 1 2 3 4 5 6 7 8 9 10 11 [laughter]
00:00:09
12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 I have 26 subscriptions. >> Wow.
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>> Of which [laughter] three of them I would keep. >> What do you think you're spending a
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month on things you don't use? about dollars. Is there simple ways, apps, tools, websites we can use to go through
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all of our subscriptions and turn them all off? >> Yes, there are. So, let me tell you the
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easiest way. Number one, only do your subscriptions inside of Apple. In an ideal world, don't pay anybody directly.
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Do it all through Apple. >> Why? Because if you go to the bottom of your phone and you don't know how to do
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this and you put subscriptions, up will pop everything that you've signed up for and you can go click click
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click and turn them all off. Another thing I will tell you is that when you sign up for anything, let's say it's a
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one month trial subscription, the moment you sign up for it, shut it off. The moment you shut it off, when
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the time comes for it [music] to renew, they will offer you a better deal to renew.
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>> Mhm. But you have people right now who are listening to us and they're spending
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2, three, four, $500 a month. In many cases, they're spending money on stuff
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they don't use. >> Okay. So, I've opened up my iPhone. I've gone to the settings. I've clicked on my
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name in the settings. And then I've clicked on the button subscriptions. I have 1 2 3 4 5 6 7 8 9 10 11 12
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[clears throat] 13 14 15 16 17 18 19 20 21 22 23 24 25 26 I have 26 subscriptions.
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>> Wow. >> Of which [laughter] three of them I would keep. And it's because I used an
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app one time and it signed me up to some kind of free trial and I just totally forgot to cancel it.
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>> So, oh my god, some of them are massive. >> Okay. So, so, so how much money do you
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think is there that of that you had 23 and there's only three you're using?
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What do you think you're spending a month on things that you don't use? about $400 of app subscriptions, which
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is pretty crazy because I was um you know, playing out some of the things you've said,
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if I put that money into an index fund or something, probably would be >> millions of dollars by the end of my
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life, which I could give to my kids or someone else. >> But you could go chat GBT, what is $500
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a month at 10% [music] worth in 40 years? Total interest earned is about $3 million. [music]
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>> This one exercise, my guess is there are many, many people listening that could
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find $50, $100, $200 a month that they could shut off and redirect that money to saving and investing and that could
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change their life.