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New data reveals shocking amount of money we spend on streaming services every month

You sign up for a streaming service and then totally forget about it. Sound familiar?

CHARLOTTE, N.C. — New data shows you're likely spending a lot more on subscriptions than you realize.

Americans are spending billions of dollars on stuff they have probably forgotten about. Subscription services' dirty little secret is they owe a lot of their success to customers' lack of attention.

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Most Americans think they spend about $62 per month on subscriptions. But, get this, the real number is closer to $300 per month. 

Between streaming music, newspaper and other services, it can all add up.

WCNC Charlotte is always asking "where's the money?" If you need help, reach out to WCNC Charlotte by emailing money@wcnc.com.

Lots of folks plan to pick up subscriptions for one-off things like sports games and seasons of a show they like. 

But, when they forget to cancel, it generates big money for services like Paramount+ or Hulu.

For the latest Where’s The Money news, download the WCNC Charlotte mobile app and enable push notifications.

Contact Ben Thompson at bthompson@wcnc.com and follow him on FacebookX and Instagram.

WCNC Charlotte's Where's The Money series is all about leveling the playing field in the Carolinas by helping others and breaking down barriers. WCNC Charlotte doesn't want our viewers to be taken advantage of, so we’re here to help. Watch previous stories where we ask the question “Where’s the Money” in the YouTube playlist below and subscribe to get updated when new videos are uploaded

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