Convenience is the central theme in modern life but it comes at a cost. Between food delivery applications and subscription plans, small fees are quickly accumulated. Here, a $5 delivery charge, there, a 10-per-month subscription fee here, there or there, hundreds or even thousands of dollars every year.
The convenience pricing psychology is very powerful. Companies understand that when you are hungry, exhausted or on a hurry; you would give them an additional amount to get what you need immediately. The key to making conscious decisions is the realization of this dynamic.
It is interesting to take time to audit your convenience spending and find patterns that may not have been obvious before. Monitor all the delivery cost, service charge and subscription fees within one month. Most of them find themselves spending 15-20% of what they would have spent on things that they could do easily or could have planned in advance.
It is not to get rid of any convenience expense but rather to be purposeful with it. Decide what makes convenience really worth your life and eliminate the rest. This realization alone can save a lot of money to be used in either savings or reduction of a debt without the feeling of being deprived.