Recurring subscriptions are easier to assess when they are visible in one review. Bring the charges, renewal dates, and actual costs together, then decide which ones still fit your priorities.
Start with account statements
Review several months of transactions from the accounts and cards you use. A longer period can also reveal annual renewals that do not appear in a short sample.
Import available CSV, OFX, or QIF statements into Spendly and review the AI-assisted categories. Use the transaction history as the record behind your subscription list.
Identify merchants and renewal patterns
Look for recognizable merchant descriptions and charges that repeat. A similar description may be a better clue than an identical amount, especially when a subscription is charged in a foreign currency.
Check the original amount and currency. Exchange rates can change the converted total even when the subscription price stays the same.
Check the other places renewals live
Review subscriptions managed through an app store or payment account. Search your own receipts and renewal confirmations for services you may have started separately.
Record the service, actual price, currency, billing interval, and next renewal date. A simple list gives the review a clear structure.
Compare costs on the same basis
For a monthly comparison, divide an annual price by twelve. A hypothetical $120 annual subscription represents $10 a month, even though the payment arrives in one period.
Keep the actual renewal amount and date alongside that monthly equivalent. The equivalent supports comparison; the original payment supports cash planning.
Decide what still serves a purpose
Review each subscription against its current use and your priorities. Keep the services that fit, consider changing a plan where appropriate, and cancel through the provider when you decide to stop.
Save the cancellation confirmation and check that future statements reflect the decision. The transaction record gives you a place to verify the outcome.
Bring renewals into your budget
Use a subscriptions category in budget planning and prepare for annual charges with sinking funds. Review the category regularly so the next renewal becomes part of an existing plan.
Spendly’s spending reports connect recurring charges with the rest of your expenses, making the next review easier to begin.