The Online Subscription Trap - And How to Avoid It
In the 21st century, in the developed world, online subscriptions are ubiquitous. The average person might have ten or more online subscriptions of various types. Here are just a few examples:
- Online games, especially MMORPGs ("Massively Multi-Player Online Role-Playing Games")
- Zoom, GoToMeeting or other videoconferencing software
- Non-native calendar and/or planning software
- Tax preparation software
- Netflix, CBS All Access, Hulu and other video streaming services
- Spotify, Apple Music, and other audio streaming services
- Newspaper or magazine subscriptions
- Cell phone plans
- Workout apps such as Peloton, Strava, etc.
- Meal planning software
- Learning platforms like Masterclass, LinkedIn Learning, etc.
The shift to paying by annual subscription for services like these, in most cases, actually makes sense. It provides the developers with a steady stream of income that they can rely on, making investments in improvements and in new product offerings less risky. This in turn can result in a...
About Me
I’m on a mission to help people like me, who’ve perhaps had a sub-optimal experience overall in their first 30, 40 or 50 years on this planet, to understand and truly BELIEVE that they are not only entitled to feel joy, energy and eager anticipation of each day - but that it’s their birthright. First, by showing them how to get their physical house in order, and then by helping them figure out what they want that second half of their life to look like - and strategize how to go get it! I am a Certified Primal Health Coach and a Certified Life Coach, as well as a Chartered Professional Accountant (CPA) and Certified General Accountant (CGA).
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