If your kids are always glued to your iPad or laptop, then they'll love this subscription that teaches them how to code. Each box has an activity book with various coding projects, which kids develop into an app through the Bitsbox website. They'll be dying to show off their digital creations to friends and family, plus it gives them hours of entertainment.
On the other hand, if your favorite thing about your subscription box is getting a special treat each month, you can give yourself the same experience by creating a category in your personal budget for “mad money.” This is a sum of cash – which doesn’t have to be large – that you can spend on anything you want. It allows you to treat yourself to something special each month – and since you pick it yourself, you can be sure it’s something you’ll really use.
Can You Really Afford It? Although subscription boxes can contain useful items, most of them are clearly wants rather than needs. Even if a box is a good value, it’s not worth buying if you don’t have room in your budget. Financial planner Katie Colman, speaking with LearnVest, says it’s okay to splurge on a monthly crate of goodies only “as long as you’re meeting all your other financial obligations and it’s not impacting your ability to meet your goals.”
For most people, the big advantage of subscription boxes is the fun factor. Experts who spoke with LearnVest about the psychology behind subscription boxes say people enjoy the suspense of looking forward to each month’s box and wondering what it will contain. As addiction expert Amanda Dorman explains, “Waiting for that box each month – not knowing what it is, but knowing it’s coming – creates an adrenaline rush.” It’s like getting a birthday gift every month.
6. Love With Food: Looking for a guilt-free way to satisfy your 3 p.m. cravings? Look no further than Love With Food. Each box is filled with an assortment of healthy, organic snacks (think chocolate chip granola, honey apple oat bars and spicy fava beans).The boxes come in three different sizes: Tasting Box, Deluxe Box and the Gluten-Free Box. You can opt for a monthly, quarterly, six-monthly, or annual subscription. Plus, for every box sold, Love With Food donates a meal to charity. So you can stock up your pantry with delish munchies and contribute to a great cause at the same time.
Difficulty of Quitting. In theory, you can cancel a subscription box at any time. However, it’s not always easy to do. McCall says the hassle of canceling is often enough to make people hold on to a service, even after they’ve lost interest in it. He compares it to a gym membership you’re no longer using: As long as the fee is low enough to make it seem like a good deal, it won’t seem worthwhile to cancel the service.
Stitch Fix is a personal styling service. You tell them your style and size preferences, and they send you a package of stylish goodies to try on at home. No two Fix shipments are alike. Each one is hand-picked just for you. Keep what items you like, and return the rest in a pre-paid return mailer. The services costs $20 a month for your stylist, but that fee is deducted from any items you choose to keep.