You suggest that spending 30 minutes a month can improve someones financial situation.
In those 30 minutes they could cancel unused subscriptions and maybe save $50 a month. $50 a month isn't bad, but it's not going to be the difference between retiring comfortably and not retiring.
Or they could spend those 30 minutes updating their resume and applying to a job; if they apply for a better job every month they could easily find a better paying job that gives them an additional $20,000 a year, especially if they do this consistently.
Overall, I agree people would benefit from more effort put into their personal finances, but people have limited mental energy and their time can be better spent on things other than cancelling subscriptions. Indeed, if someone is willing to put effort into improving their financial situation and the best option society offers them is for them to pinch pennies and cancel their subscriptions, that is a sad situation for them and reflects poorly on society.
Not cancelling subscriptions has a high correlation with irresponsible spending habits. The same person will likely amass a large amount of stuff that stays unused. Instead of repairing, they will buy new. When they buy new, they don’t consider the longevity and durability of the item.
I guarantee you there are very few on the planet whose time management is so strict that spending 30 minutes a month to review their finances would cut into any of those activities.
some people work nearly every waking hour (I have more the a few hundred weeks in my life for sure) other huge logistical challenge that comes out of this is the hours for the call center need to overlap when you’re not working so you can call someone to cancel.
I cancelled my amazon prime while taking a shit. Do these workaholics not shit? Where do they find the time to subscribe to services in the first place?
In those 30 minutes they could cancel unused subscriptions and maybe save $50 a month. $50 a month isn't bad, but it's not going to be the difference between retiring comfortably and not retiring.
Or they could spend those 30 minutes updating their resume and applying to a job; if they apply for a better job every month they could easily find a better paying job that gives them an additional $20,000 a year, especially if they do this consistently.
Overall, I agree people would benefit from more effort put into their personal finances, but people have limited mental energy and their time can be better spent on things other than cancelling subscriptions. Indeed, if someone is willing to put effort into improving their financial situation and the best option society offers them is for them to pinch pennies and cancel their subscriptions, that is a sad situation for them and reflects poorly on society.