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.
jess__meyers_We love when the mail man brings us our kiwi crate. This month we created a lemonade stand. With a working cash register we put together, a chalkboard sign to decorate and we made a lemon shaped eraser! This is by far our favorite one. The quality of the items are great. Worth every penny. If you haven't gotten your little signed up go do it now. I'm pretty sure I have just as much fun as jax does. #kiwicrate #welovekiwicrate #lemonadestand #bankofkiwi
Another clothing subscription service, Nice Laundry, focuses specifically on socks. Every three months, it ships you six pairs of dress socks, especially chosen for you. Each quarterly shipment has sock weights and styles appropriate for the season. Socks are only available in one size, which will fit most men as well as women with larger feet. It costs $49 for one quarterly shipment, or $99 for a full year.
7. Pipsticks: If the idea of receiving packs of cute stickers every month in your mail gets you excited then you need to get a Pipsticks subscription ASAP! They offer two subscription services — for kids and for 'pros' (adult sticker enthusiasts). Each monthly package comes with 15 or more sheets of theme-based stickers, a quote card and a fun postcard to share the sticker craze with your loved ones or pen pals. From funky food trucks and glittery unicorns to raindrops, beaches and scratch-and-sniff strawberries — each monthly pack will make the #stickeraddict in you squeal with joy. Plus, they're all set to launch a collection of chic journals, sticker books and planners that will be available from June (Spoiler: the planners come with sparkly, holographic pouches, creative prompts, sticker sheets, patterned sticky notes and much more!). You can pre-order yours here.
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.”
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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.
Overbuying. While a subscription box usually costs less than buying all the items in it separately, there’s a good chance you wouldn’t buy all those items if they didn’t come in your box. For instance, a $29-a-month BarkBox subscription works out to $350 each year. Chances are, that’s a lot more than you’d normally spend just for toys and treats. Over the long term, it could add significantly to the cost of owning a dog.
Unclear Value. Normally, when you shop for any product, you can look at all the choices and compare their prices to see which is the best deal. But with a subscription box service, you get a different assortment of products every month, and you don’t even know what they’re going to be. That makes it much harder to figure out whether your box is really worth what you’re paying for it.
Frank And Oak Style Plan is a personal stylist service for men and women, exclusively for Frank And Oak products. You can choose to have Frank And Oak send you 3 items every month or every other month. Items are selected according to your size, taste, and budget preferences– and you can login 2 days before your box ships each month to add or remove items, or skip the month entirely. When your box ships, you’re billed in full for the members-only discounted price of the items in your box; up to 25% off their retail prices. If you decide not to keep any of the items, Frank And Oak will issue a refund minus the $25 styling fee for your order.