No idea where your money goes? I was in the same boat more than a year ago.
At the end of each month I'd look at my bank account confident that there's a good chunk of money there, especially after getting paid twice, but I'm let down every time.
Then I noticed something strange happening. I had automatic bill payments for several 30-day free memberships that I completely forgot to cancel and a gym membership I never use.
Along with those bills, my cable and internet bill was rising.
So I did what any person who is desperate to save money would do: I asked Google.
That's when I learned about a Trim, a personal assistant whose job is to save you a lot of money. So far Trim has helped its users save more than $1 million in the last month (and I'm one of them, yay!)
How Trim Can Help You
1) Cancels old subscriptions
It takes a lot of time to go through your credit card and bank statements. And when you do find the things that you want to cancel, you put the task on the back burner and end up forgetting about until next month.
If you happen to remember, it takes half a day to cancel your subscription or membership and you're left with a head ringing with elevator music.
This is why Trim is so handy.
All you have to do is send your Trim robot a message that you want to cancel a certain subscription. It takes literally half a second.
2) Negotiates your cable or internet bill
After you connect your cable or internet bill with Trim, it will work diligently to find you a better deal.
Trim works with providers like Comcast, Time Warner, and Charter. If you've ever tried contacting any of them, you know it's not easy to negotiate your bill.
The best part is that Trim will never stop to find you the best deal. If they cut your bill by $5 this month, next month they could save you $10 or even $15.
Last year I saved $400 on my Time Warner bill! Cha-ching!
3) Tracks your spending
If you can't hold yourself accountable, Trim will. Now that's a good friend.
With a simple text, you can check to see your spending habits and receive alerts on large transactions.
4) Finds you better car insurance
Chances are you're paying too much for car insurance. I don't know anyone who isn't.
Trim compares quotes from a bunch of different companies and sends you the best ones.
5) Activates deals and tracks price drops
Stop clipping coupons and trust Trim to do the work for you.
If you have a Visa cred card, Trim will apply any deals merchants are offering.
If you have "Price Protection," where the credit card company gives you money if the price of an item you just bought drops, Trim will make sure you get that money without having to put in any work.
This feature seems to only work on Amazon, but if you spend a lot of money on that site, you'll save hundreds of dollars.
How To Sign Up
To contact Trim, all you need to do is sign up. The best part is that it's free!
They'll ask to connect with your bank, but don't worry, everything you upload and all the information you give is in safe hands. Trim uses the same high level security that banks have.
What I love about Trim is that they won't charge you a cent for their services.
So now you're probably wondering how they make money. Basically, they make money when you make money.
Trim keeps 25% of your first year's savings, but only if they negotiate a lower price for you.
The fact that Trim can save you a few hundred dollars a year is incredible. If it wasn't for them I'd still be shelling out money for services I'm paying too much for or don't need.
When they do negotiate your bill, think of that 25% you give them as a tip. In my opinion they deserve it.