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Trim Can Save you Money on Monthly Expenses

Trim Can Save you Money on Monthly Expenses

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Today I am going to talk about an awesome app that can save you money on some of your monthly expenses. If you are like many out there you spend hundreds of dollars a month on cell phone, cable and insurance bills. Trim is a financial service app that will assist in lowering your monthly payments.

I have currently used the Bill Negotiation service offered through Trim for successful bill reduction in my Spectrum Cable, AT&T Cell Phone and Verizon Cell Phone bills. In total I have saved over $500 in the two years of utilizing this service. According to their site:

We may upgrade your plan if a better promotion is available that will save you money, and we won’t compromise your own use and needs of the service in any way. We don’t put you on a new contract unless you give us permission to do so.

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I know what you’re thinking, “It’s too good to be true.” Trim has a great business model, one in which we, the consumer, pay a percentage of the money that they save for us in an entire year. For example, say you pay $150 a month for cable and they negotiate your bill to $120 a month, a savings of $30 monthly. You would save $360 for the year! Using their bill reduction service Trim would charge you $90. So overall, you would save $270 annually. By using this model the consumer does not need to call, deal with customer service, be put on hold or travel around phone trees to save on their bill. Trim is able to provide this service by charging a percentage of the amount saved. They will also continue to monitor your accounts yearly to keep your bills down.

This post is the opinion of the author and should not be used as a financial aid. Please research this service and understand the risks, cost and fees associated prior to signing up.

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