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Cutting unused subscriptions could add £37,000 to a UK worker’s pension over time, experts say.
Canceling unused monthly subscriptions like streaming services and gym memberships could add up to £37,000 to a UK worker’s pension over time, according to Standard Life.
The average person spends nearly £40 a month on forgotten direct debits, and redirecting that money into a pension—especially with tax relief and compound growth—can significantly boost retirement savings.
For a 22-year-old earning £25,000, this change could increase their pension from £210,000 to £247,000.
Experts recommend reviewing subscriptions in January to avoid penalties and improve long-term financial security.
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Según los expertos, la reducción de las suscripciones no utilizadas podría añadir 37.000 libras esterlinas a la pensión de un trabajador del Reino Unido a lo largo del tiempo.