Renting Your Life? The Hidden Cost of Subscriptions
Автор: Broken Trust
Загружено: 2025-10-28
Просмотров: 210
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Renting Your Life? The Hidden Cost of Subscriptions
What began as convenient access (Netflix, Spotify) has morphed into a complex web of recurring payments for everything from software to cars. This shift exploits behavioral biases; small monthly fees feel less painful than large one-time purchases, masking the accumulating financial burden and potential debt traps. With the global subscription e-commerce market projected to soar past $2.5 trillion by 2028, understanding this psychological "dopamine drip" of perceived affordability vs. the reality of long-term cost is crucial.
“Subscription models capitalize on our tendency to underestimate future costs and overestimate convenience, locking us into cycles of perpetual payment.” — Dr. Priya Raghubir, NYU Stern School of Business, New York (USA)
👍 Like this video if you've recently cancelled a subscription!
⚖️ Disclaimer: This video is for awareness and education only — not financial, legal, or political advice.
Keywords:
subscription economy, subscription fatigue, renting vs buying, cost of living 2025, financial trap, monthly payments, consumer debt, behavioral economics, stop subscriptions, manage subscriptions, hidden costs, dopamine spending
#costofliving, #consumerism, #emitrap, #netflix, #spotify, #rentinglife, #monthlypayments, #india
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