Have you ever checked your monthly bank statement and noticed small, unfamiliar charges of $10, $15, or $20 popping up? In today’s digital world, it’s easier than ever to accidentally sign up for recurring subscriptions without even realizing it.
The “Free Trial” Trap
Many popular apps, streaming services, and games offer a “7-Day Free Trial.” To start the trial, you have to enter your credit card details. If you forget to cancel before the trial period ends, the company automatically starts charging your card every month—sometimes for years after you’ve stopped using the service.
How to Audit Your Phone
If you use an Apple iPhone, open Settings, tap your Name at the very top, and choose Subscriptions. On an Android phone, open the Google Play Store, tap your profile icon, and go to Payments & Subscriptions. Here, you’ll see a list of every active subscription tied to your phone, along with a clear button to cancel the ones you no longer need.
Watch Out for “In-App Purchases”
If the grandkids like to play games on your phone or tablet, make sure your account requires a password for every purchase. Many free children’s games are designed to push buttons that buy “coins” or “tokens,” which can quickly add up on your credit card.
