One person recently saved over ₹2,000 a month by using the AI tool to find forgotten auto-payments. Here’s a simple guide to doing your own financial cleanup.
Many of us are losing money to forgotten subscriptions, with small debits adding up to a significant drain on our finances. One user recently discovered they were losing ₹2,028 every month to services they no longer used. By turning to ChatGPT for a quick, 10-minute audit, they were able to find these hidden costs and save money.
How to Use AI to Cut Your Monthly Bills
We often sign up for apps and services, use them for a while, and then forget about them. But the monthly or annual charges don't forget about us. This can lead to a "death by a thousand tiny subscriptions," where small, recurring payments quietly drain your bank account.
One person, feeling the pinch, decided to tackle the problem by asking ChatGPT for help. The AI didn't cancel the subscriptions directly, but it acted as a smart assistant, making the entire process fast and simple.
Here is a step-by-step guide on how you can do the same thing.
Step 1: Ask ChatGPT for a Plan
The hardest part of any cleanup is knowing where to start. You can begin by giving ChatGPT a simple prompt, like:
"Can you help me find and cancel old app and service subscriptions I’m no longer using?"
The AI will likely give you a list of search terms to use in your email and payment apps to uncover recurring charges. Common phrases to look for include "your subscription has been renewed," "auto-debit confirmation," and "payment receipt."
Step 2: Find Where Your Money Is Going
Using those keywords, search through your email inbox and your UPI or banking app history. This user was surprised to find several subscriptions they had completely forgotten about.
Here’s what they uncovered and canceled:
| Subscription | Cost | Action Taken |
|---|---|---|
| Amazon Prime | ₹299/month | Cancelled |
| Headspace | ₹899/year | Cancelled |
| Gaana+ | ₹99/month | Cancelled |
| Google One (2TB) | ₹130/month | Downgraded |
This simple review resulted in an immediate saving of ₹2,028 and ongoing monthly savings of ₹603.
Step 3: Let ChatGPT Write the Cancellation Emails
Some companies make it difficult to find the unsubscribe button. For these services, you can ask ChatGPT to write a cancellation request for you. A prompt like, "Write a polite email to cancel my Headspace subscription," will generate a clear, professional message that you can copy, paste, and send.
This personal finance trick works because it addresses a common problem in the modern "subscription economy." It's incredibly easy to sign up for a service with a single click, but much harder to track and manage all those payments over time. Many people also forget to check the dedicated subscription hubs on their phones.
For a more thorough audit, remember to look in these places:
- Google Play Store: Tap your profile icon → Payments & subscriptions → Subscriptions.
- Apple App Store: Go to Settings → [Your Name] → Subscriptions.
You might be surprised to find old apps still charging you.
A Small Habit with Big Rewards
While AI can't manage your finances for you, it can remove the friction that stops most of us from doing a much-needed financial cleanup. The key takeaway is that you don't always need a complex spreadsheet or a financial advisor to save money. Sometimes, the best financial move is to simply stop paying for things you don't use.
As a final step, consider setting a monthly reminder on your calendar to do a quick "subscription audit." Ten minutes of review each month can prevent hundreds or even thousands of rupees from quietly slipping away.
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edited for clarity by the PulseNext team. Except for the headline and featured
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