Simple Strategies to Spot and Prevent Financial Leaks

Sponsored by JPMorgan ChaseDo you ever wonder where all your money is going? Financial leaks could be to blame for your dwindling bank account. Find out some typical financial leaks and how to avoid them with good financial habits.& What Are Financial Leaks?Financial leaks are small expenses you often don’t notice until they add up over time. Leaks such as unused subscriptions, paying extra for delivery services, or incurring late fees can build up and lead to overspending. Getting a handle on poor habits like impulsive buying and instilling good habits like routinely checking your subscriptions to make sure you are still using them can help you avoid the consequences of unintentional leaky spending.& Common Financial LeaksHere are some of the most common financial leak categories and tips for how to monitor them and curb spending.SubscriptionsYou sign up for a streaming service to watch a newly released show and forget to cancel after you binge-watched it in one weekend. That gym membership seemed like good motivation to work out, but you prefer running around your neighborhood. Ad-free music is a nice perk, but when you add up all these subscriptions, you are shocked at the total.& You aren’t alone.& A...