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How a simple audit could save Aussies billions

Article image for How a simple audit could save Aussies billions

Australians are being encouraged to review their subscription spending, with research indicating nearly $4 billion is being wasted annually.

The free GetReminded app ends unnecessary spending on unused subscriptions by warning users when their payments are about to renew.

Co-founder Tim Nicholas told Deborah Knight pandemic-related subscriptions, such as exercise apps, are among the worst-offending money pits.

“The numbers on their own are small, but they do add up, and if you look at the card statement you might … realise really, you don’t need them anymore.

“We’re suggesting that you do a bit of an audit of your card statement.”

Click PLAY below to hear the full interview

Image: Getty

Deborah Knight
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