Doqit Weekly Blog

The £500 Million Subscription Trap!

Written by CatherineAnn | Jan 14, 2025 10:49:29 AM

 

Are Your Subscriptions Spiralling Out of Control?

Ever had that moment checking your bank statement when you spot a mysterious subscription charge?😱

 

You're not alone! Recent UK data reveals some eye-opening trends about our subscription habits.

 

Would you believe that 1 in 4 of us have fallen into unwanted subscriptions over the past year?

Even more startling, 1 in 10 people are currently paying for services they don't even use! In fact, 65% are wasting over £132 yearly on unused subscriptions.

The real shocker? £500 million is spent annually on subscriptions that auto-renew without people realising. That's a lot of money disappearing from our bank accounts!

Taking Control is Easier Than You Think

Here's how to get on top of your subscriptions:

  • Check your phone settings for app subscriptions
  • Search emails for terms like "subscription" or "renewal"
  • Review your bank statements for recurring charges
  • Set reminders for free trial end dates

Did you know that 44% of unwanted subscriptions start with forgotten free trials?

Those "try now, cancel anytime" offers can be costly if we forget about them!

“I received an email from the website saying the subscription would end and that I'd be charged. However it landed in my spam folder and I didn't notice it until after I was billed!” 😔

How doqit Can Help:

Stop letting subscriptions slip through the cracks. With doqit, you can:

1  Store subscription details securely
2  Set reminders for renewal dates
3  Keep cancellation confirmations
4  Never miss a free trial ending

Ready to stop wasting money on forgotten subscriptions?

Try doqit's 7-day free trial and see how easy subscription management can be.

It's time to take back control! 

 

P.S. We ALWAYS send you a reminder that your 7 day trial is coming to an end.