What you get: With the Dollar Beard Club, you’ll get all natural beard products such as oils, balm, wax, growth accelerators, and more. All you have to do to get started is build a kit which includes choosing an oil, an essential, a shower item, an accelerator, and a accessory, and you’ll be sent that monthly. However, you can always just pick a single product and only have that in your kit which is by far the cheapest option.
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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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.
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.
These days, subscription boxes can do more than groom you – they can dress you from head to toe. The best-known clothing subscription is Stitch Fix. This shopping service is a bit different from other subscription boxes. For $20 a month, you get a box with five items – clothing, shoes, and accessories – chosen just for you based on your style preferences. However, if you want to keep the items, you have to pay for those separately.
In addition to meals, there are subscription boxes for specific types of food items. For instance, UrthBox delivers healthy snack items each month, along with a few extras like supplements and personal care products. Prices range from $20 a month for a six-item mini box to $50 for a large box with 25 to 30 items. There are also subscription services for vegan and gluten-free foods, wine, beer, coffee, and even hot sauce.