How to use it
- Use the formula below with your own figures.
The formula
Yearly = monthly × 12 (+ any fees).
Worked example
Five $12 subscriptions cost $720 a year.
Frequently asked questions
Why total them?
Small monthly fees hide a big yearly sum.
How to cut costs?
Cancel unused ones and pay annually where cheaper.
Tips
- Automate the boring parts of your budget.
- Compare unit prices, not package prices.
- Small recurring costs add up over a year.
Key terms
- Net worth
- Assets minus liabilities.
- Budget
- A plan for income and spending.
- Unit cost
- Price per single unit.