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!
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.
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.
If you're working out in the same old gym clothes every day, it might be time to switch things up. You fill out a profile based on your workouts and style preferences, and SweatStyle selects a handful of activewear options you'll love. After your box arrives at your doorstep, you have five days to decide what you want to keep and pay for; the rest can be returned.
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.”
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.
Trunk Club is a Nordstrom company that offers styling services for both women and men. Customers fill out a detailed style profile which, in turn, your assigned stylist uses to handpick clothes, shoes, and accessories. There is a $25 styling fee which is credited towards whatever you decide to keep, which is waived if you are a Nordstrom cardmember.