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.”
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.
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.
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.
Julep. The monthly Julep box has a focus on nail polish, though it includes other beauty items as well. Unlike many services, Julep gives users the option of previewing the month’s selections and picking out the specific items they want. The service has two tiers: My Maven, which provides $40 worth of products for $25 a month, and Maven Luxe, which delivers at least $60 worth of products for $40 a month. You can save $5 a month off either service by signing up for a three-month subscription.
Why We Love It: High quality beauty products are expensive and a gamble. Birchbox sends out samples for men and women based off your beauty profile and allows you to rate them so they can further customize your next order. You get to try out high end products to see what works best for you for next to nothing, and if you find something you like then you can purchase the full size version directly from their website. Also BirchBox were also one of the OG’s of monthly subscription boxes.
Why We Love it: You know the best way to put on jeans? Put on a pair of leggings instead. Not only is the quality of Fabcrate’s apparel top of the line, but it’s just plain stylish. Each piece they send you will easily make you the trendiest person in your hot yoga class, and Becky with the obnoxious floral leggings green with envy. These guys are one of our favourite monthly subscription boxes!
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.
How Hard Is It to Cancel? If you’re not sure whether a box is a good deal for you, you could plan to try it for a month and then decide. Liz Corry of My Subscription Addiction, speaking with RetailMeNot, says nearly all subscription boxes offer a month-to-month subscription plan. However, canceling your subscription can be tricky. Some services, such as Birchbox, allow you to cancel your subscription online; others, such as Julep, require a phone call to customer service. Also, many sites are set up to automatically renew your contract whenever it expires, unless you call in time to cancel it.