Rocket Money, the app that will save you thousands of dollars by helping you cancel unused subscriptions

If you're like us, you're paying for subscriptions to services you no longer use.
We spent about 30 minutes using an app called Rocket Money to cancel a bunch of subscriptions we no longer use. We saved about $1,235 last year.

It allowed us to cancel subscriptions we didn't need without having to open a bunch of other apps or websites and then figure out how to cancel those respective subscriptions.

You may sign up for a bunch of subscriptions using different credit cards, and then forget to cancel when you no longer use them.
 

What is Rocket Money?

The Rocket Money app allows us to see all of our subscriptions, if you live in the United States. It allowed us to cancel the ones we didn't need without having to open a bunch of other apps or websites and then figure out how to unsubscribe.

We unsubscribe from the Hello Fresh meal prep service, saving us $980 a year. We also canceled a $180 fitness app subscription and reduced our $75 Instacart subscription. Rocket Money can also help you discover and cancel subscriptions to streaming services like Netflix that you no longer use or other recurring bills that you have long forgotten about.

The app offers new users a 7-day free trial, enough time for you to cancel your subscriptions, but otherwise it costs between $3 and $12 per month, billed annually, depending on what you need. There are other Rocket Money features like budget tracking and savings tools that can make the monthly fee worth it for you. All I needed was to gather all my subscriptions in one place so I could cancel the ones I wasn't using.

This is what we did.

How to find and cancel unwanted subscriptions

It's easy to create an account and navigate Rocket Money as long as you remember the passwords for your many accounts. This is what needs to be done

  • Link your checking, savings and credit card accounts. Sometimes this will require two-factor authentication, which means you'll receive an email or text with a code that will help you log into your bank or credit card account so you can link it to Rocket Money.
  • You will see your recent transactions once your accounts are linked. On the website, recurring charges appear as a small icon resembling an arrow that goes around the perimeter of a circle. In the app, you'll see a tab for recurring charges at the bottom of the screen.
  • Tap the subscription you want to cancel.
  • Once you see the subscription transaction, tap the dropdown menu button in the top right corner of the website. If you're using the Rockey Money app, tap the three-dot icon next to the charge.
  • Select “ Cancel this for me ”.
  • Enter your username and password and give Rocket Money permission to access the account.
  • Repeat the process to cancel other subscriptions.
  • Rocket Money told me I couldn't cancel one of my subscriptions, but gave me the information I needed to cancel the service, including the website cancellation link, customer service phone number, and an email address. company assistance.
Visit RocketMoney

Pro Tip : If you're having trouble remembering all of your accounts, visit annualcreditreport.com for your free credit report, which will list all of your open accounts. Each year, you can download a copy of your annual credit report for free, without affecting your credit score [ US only ]. This will allow you to see some of those random credit accounts that you may have opened and forgotten that you might want to link to Rocket Money.
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