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Put your own profits ahead of big biz | Savings with Sarah #16

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Disney has recently shared their profits for Disney+ in Australia and they have plenty to celebrate – a whopping 33% increase in profits!

The streaming giant reported profits of $60.1m in the 2023 financial year, a massive increase on the $46.3m profit they took home in 2022.

I don't begrudge a biz making good money. But I do think this serves as a great reminder that corporates make millions of dollars every day simply because we pay for subscriptions we don't use. And a quick audit of your habits can save you loads of money!

Spend less on mindless streaming

I did a little poll on my Instagram and at the time of writing, one-third of people admitted that they haven't done a streaming audit and they're also not planning to – because it's such a small amount of money, it doesn't matter, right?

I totally get it. We all have so much to do, and streaming is small-fry.

But also: if you take just one of the hours you spend streaming, and instead spend that time checking what you're paying for and if you really need to keep it, you'll earn a brilliant hourly rate!

I do a streaming audit every 6 months to make sure we're getting good value and not paying for things we don't use.

Personally, Disney is always firmly on our "keep" list – in my family of 5 we watch it almost daily!

When I did my last audit in July last year, I saved $50 a month on streaming (embarrassingly we were paying for a family music subscription to both Apple Music and Spotify at a cost of $20 each!).

When I revisited in July, I was able to switch a few subscriptions around (nixed Kayo and Paramount; added Amazon Prime back in) and the savings amounted to around $20 a month.

Yes, small fry. But at the risk of sounding like a broken record, that money is better in our pockets than theirs.

Savings with Sarah

Each Monday, our money expert Sarah Megginson shares another tip to help you save more than you spend.
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