>doesn't everyone check their bank balances and purchase histories at least once a month?
Nope. I can be guilty of it as well and I make a habit to cancel reoccurring subscriptions. But if it's not some hundred dollar charge, I don't look too closely in the "good times".
I even use budgeting software and I can fall for this on rare occasions. I have (had) maybe $100 reserved for reocurring subscriptions, so if I see that budget met and don't see any crazy $50/month charges, it just slips through. I overall just see a ballpark expected budget and my savings go up. Small fry slip through.
I can only imagine those unknowingly paying some small amount every month. It's a more realistic version of the whole "steal a penny from every citizen and become a millionaire!" scheme. But now times are harder and I'm calculating finances by the dollar.
Nope. I can be guilty of it as well and I make a habit to cancel reoccurring subscriptions. But if it's not some hundred dollar charge, I don't look too closely in the "good times".
I even use budgeting software and I can fall for this on rare occasions. I have (had) maybe $100 reserved for reocurring subscriptions, so if I see that budget met and don't see any crazy $50/month charges, it just slips through. I overall just see a ballpark expected budget and my savings go up. Small fry slip through.
I can only imagine those unknowingly paying some small amount every month. It's a more realistic version of the whole "steal a penny from every citizen and become a millionaire!" scheme. But now times are harder and I'm calculating finances by the dollar.