Millennials are leading the way in the subscription economy. A new study from payments processor Vantiv shows that 70% of millennials have a product subscription and 89% have a service subscription. Subscriptions make purchasing simple in a time when we’re all constantly bombarded with an overabundance of choice.
But what happens when users oversubscribe? Could you honestly tell me how many subscriptions you have right now? Netflix, Spotify, Rent, Gas, Electricity, Yoga, Soul Cycle, Verizon, Xbox Live, Amazon Prime, Comcast, Birchbox, Dollar Shave Club. Let us know how many subscriptions you have right now in the comments section below.
We all have a lot of subscriptions today, many of which are easily forgotten, so shouldn’t we all have a little savings buddy to send us reminders about our financial life? That’s where Trim comes in. Trim is robotic assistant that automatically manages your day-to-day finances and helps save you money.
Founded in 2015 by Daniel Petkevich and Thomas Smyth, Trim raised over $2.2 million during their seed stage from investors like Ashton Kutcher and Eniac Ventures. To date, Trim has helped people save over $8 million and the company has big plans for the future, including premium features that will help Trim monetize its service. For now, Trim is free and can be easily integrated through Facebook Messenger.