You already had the apps installed... already had the passwords loaded... had zero transactions that you had to recall who the vendor was? really?... and you recognized all of your spouse's transactions? and all of your kids?... and you also checked ACH payments?... every ATM withdrawal accounted for?... not concerned with any gradually increasing amounts?... why did you wait 6 months to do this if it's so simple?
I pay through the apps. I have a password manager. There were a couple transactions that took me a couple seconds to recall. I’m single, but this whole thread is about _personal_ responsibility. I would trust my spouse to also keep up with her expenses. I also wouldn’t give my kids credit cards. Cash works fine when it’s needed, that’s what my parents did and I was just fine.
I never put any sort of subscription on ACH. All subscriptions go onto credit cards. There were gradually increasing amounts from Netflix, which I got emails about, which I cancelled once I got the emails telling me the price was increasing once again. I waited 6 months because I already had an idea of what I was paying for, when I checked, it turned out there was nothing unexpected.
The point is, not everyone's situation is the same as yours, lots of people have a whole lot more going on. You sound like a tool by insisting that 5 minutes (while taking a shit, no less) is universally sufficient for a comprehensive financial review.
I understand everyone has a different situation. OP literally said that it’s impossible for anyone to review their finances in 10 minutes, and I provided a counterclaim. Additionally, my point was that in this day and age, the majority of people that are able to subscribe to these things have the tools at their disposal to find and cancel the subscriptions while taking a shit. Just hop on your phone, it really is that easy.
You calling me names because you can’t formulate a valid argument does not dispute that fact. It weakens your argument and goes against the nature of this site.
