When evaluating the true cost of convenience, it's important to consider both subscription services and impulse buys. Subscription services, such as streaming platforms, meal kits, and beauty boxes, often lure consumers with the promise of convenience. While these services may seem affordable on a monthly basis, the cumulative cost over time can be significant. For example, a streaming service priced at $10 per month may amount to $120 per year, and if multiple subscriptions are in place, the costs can quickly add up.

Impulse buys, on the other hand, are often spontaneous purchases made without much consideration. These can include items like snacks at the checkout counter, trendy gadgets, or limited-time offers. While individually these purchases may seem inconsequential, their cumulative impact on a person's budget can be substantial.

References:

• "The Rise of Subscription Services and Its Impact on Consumer Spending" - Journal of Consumer Research
• "Understanding the Psychology Behind Impulse Buys" - Harvard Business Review