9 Bills and Subscriptions Worth Auditing to Free Up Savings

Auditing your recurring expenses isn’t about cutting every indulgence—it’s about eliminating charges that no longer match your habits. Review three months of credit card and bank statements, checking a full year back to capture annual subscriptions. Look for price increases, declining usage, and duplicate services.

Once you free up that money, it can go straight into a KOHO High Interest Savings Account rather than quietly evaporating into everyday spending.

Then run the numbers before you change anything. A plan the whole family uses every night may well be worth keeping. Value comes down to usage.

Recurring costs to review

Netflix

These days Netflix packs films, series, games, and even some live programming into its tiers. If everyone in your house watches on one television at a time, you may be paying for resolution and simultaneous streams nobody uses. Check the ad-supported tier and extra-member charges before you downgrade. Or simply rotate: cancel once you finish a series, then rejoin when the next one arrives. Canadian billing dates matter here, so cancel before the renewal.

Rogers mobile plans

Rogers’ April 2026 plan refresh bundled network features with roaming and extra perks. A bigger postpaid plan isn’t worth it if you never use the perks. Before judging the price, compare your actual data use and travel days against current offers, and separate device financing from connectivity charges. Thinking of a household internet or television bundle? Ask for the new service price and your remaining handset balance. And don’t count on existing promotional credits surviving a switch.

Manulife personal insurance

Manulife’s personal protection can include life or health insurance, with critical illness and disability options. Here, “audit” doesn’t mean “shrink.” After a family change or a mortgage repayment, review your beneficiaries and insured amounts, and compare riders and exclusions with your workplace benefits so you don’t pay twice for the same coverage. Don’t cancel a policy until you understand the replacement terms, since new underwriting can change premiums or introduce exclusions. Talk to a licensed advisor first.

GoodLife Fitness

GoodLife advertises more than 200 Canadian locations, over 120 class formats, and app workouts. All well and good, but none of it counts for much if you show up twice a month. Divide 8 to 12 weeks of dues by your actual visit count to see the real per-visit price. If you only use the basic equipment, compare a lower tier and ask whether your employer offers a corporate rate. Check the cancellation notice requirement separately from any enrollment offer; they’re often different.

RBC personal chequing accounts

RBC chequing accounts handle everyday deposits and payments, and the fee structure rewards matching your package to your habits. Count your monthly transactions against the included allowance. Light users may do fine on a smaller package, while frequent excess charges can actually justify a bigger one. Eligible deposits carry CDIC protection within applicable categories and limits. Before switching, confirm the fee rebate conditions for your specific account.

Adobe Creative Cloud

Which Creative Cloud apps did you actually open in the last 90 days? If the honest answer is one, a single-app subscription may cover your work. Teams should compare paid seats against active users and shared-library needs. And beware: monthly billing doesn’t mean a monthly commitment. Check the annual contract cancellation terms before downgrading or removing licenses.

Uber Eats

Uber Eats doesn’t require a membership, so it’s easy to forget it costs anything. It does. Check the final total on your last few receipts: item markups and service charges can survive a delivery fee benefit, and taxes and tips stack on top. Run the same order as a direct pickup and compare. Keep Uber One only if the savings on recent orders actually clear its membership cost.

Hydro One

Hydro One transmits and distributes electricity across much of Ontario; it doesn’t generate power. So delivery isn’t an optional subscription you can cancel, and you can’t negotiate the regulated charges individually. What you can do: compare consumption across similar billing periods while accounting for seasons, check your meter details and rate class against the bill, and enable usage alerts. Eligible customers can also compare regulated price plans.

Unused memberships

Search your statements for recurring merchant names, then check Apple and Google subscriptions separately, because many trials quietly convert to paid renewals. Before ending a creator or cloud tool, export the files you need. Cancel through the platform that handles the billing, keep the confirmation, and remove stored payment details where appropriate. Deleting the app does nothing. The subscription lives on.

Where the freed-up money should go: KOHO High Interest Savings Account

Once a bill drops, the difference tends to vanish into everyday spending unless you move it somewhere deliberate. Redirect it on the old payment date, the day the money used to leave, and it never feels like spare cash. A high-interest account keeps those dollars working.

The KOHO High Interest Savings Account pairs interest on eligible balances with RoundUps, which round purchases to the nearest dollar and bank the difference.

KOHO provides customizable savings goals while keeping your funds completely liquid. Customer deposits are held in trust with CDIC member institutions, subject to standard CDIC insurance categories and coverage thresholds. The account has no minimum balance requirement. Interest accrues daily and is distributed monthly, with rates varying by account tier—so weigh your plan’s monthly fee against its interest rate and balance limits before turning on the Earn Interest feature in the app.

Is KOHO good for emergency savings? It can be worth considering if you value accessible funds, but compare the plan cost, current rate, eligible balance rules, and applicable CDIC coverage before deciding.

One caution: don’t assume any rate is permanent. KOHO advertises up to 3.5% on eligible balances after Earn Interest is enabled, but confirm the current rate for your plan before upgrading. Keep money you need for upcoming bills in your transaction account; for longer-term needs, choose based on your time horizon and risk tolerance.

Make the savings repeat

Run the audit every three to six months. Set a calendar reminder before the next renewal date, keep the services you use and the protection you need, and redirect each reduced charge on its old payment date. The first audit finds the money. The habit keeps it.