Subscription shopping also has some big drawbacks. The most obvious one is that, with most services, you don’t get to choose the items you receive. You get the thrill of looking forward to a surprise package, but when you open it, the surprise isn’t always a pleasant one. You could find yourself stuck with a bunch of stuff you don’t actually want, and not enough of the stuff you need.
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.
Amy Livingston is a freelance writer who can actually answer yes to the question, "And from that you make a living?" She has written about personal finance and shopping strategies for a variety of publications, including ConsumerSearch.com, ShopSmart.com, and the Dollar Stretcher newsletter. She also maintains a personal blog, Ecofrugal Living, on ways to save money and live green at the same time.
Although often considered a splurge, subscription boxes can be quite the little life-savers. Say you always forget to buy razor blades until it’s too late (read: you’ve got serious razor burn)? There’s a subscription box for that. Never remember to eat breakfast in morning and feel totally drained by noon? There’s a subscription box for that. Or maybe you never have anything fun (cough, cough, educational) to do with your kids on a rainy day. Yep, there’s even a box for that. While you can’t possibly sign-up for them all, we’ve rounded up the top-rated options to help you make the best choice.
abby_calvinIf this isn't happy I don't know what is. The birthday gift that keeps on giving. Tiffany knows me so well - a subscription to a try-new-craft-coffee service? Yes please! I did a happy dance when these showed up in the mailbox. Can't WAIT to try them - maybe in my super-nifty portable espresso maker also from the incomparable Tiffany? You are the bestest and I love you to bits! (Even without the bribe of coffee...) #mistobox #coffee #friendship
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.
So there is one thing you need to remember about a few of these monthly subscription boxes, like Allure. Some offer a reduced first month rate but then will renew at a normal rate once the first month is over. That’s why it’s super important to turn off the auto-renew option on any boxes that you know you won’t want to subscribe to on a monthly basis.
Say it with a Sock is a fun sock of the month club that sends quality socks from the brands you know and love. As a member, you will only receive premium socks that are sourced from the brands you know and love, like Happy Socks, Richer Poorer, Sock it to Me and Zulu Zion. Say it with a Sock has socks for the whole family (men, women, and now kids). They even let you customize the style of socks you want to gift or receive. Rest assured, your socks are guaranteed to make you smile every month!