How to Cancel GoHenry

Subscription in Few Steps

GoHenry Refund Policy

GoHenry mainly works through a prepayment subscription model, meaning you are billed in advance at the beginning of each billing cycle. As such, when one cancels their prepaid card, they do not get paid back for the unused subscription period. However, it is advisable to read GoHenry’s terms or contact their customer support to learn more about this refund policy, which may differ under different circumstances.

How Much Can You Save After Canceling Your GoHenry Subscription?

You can save a lot when you cancel your GoHenry subscription. For instance, the monthly fee for GoHenry ranges from $3.99 to $9.99 per child, depending on the plan under consideration. By deciding to cancel this service provider, you can save between $47.88 and $119.88 every year, depending on how many children you have.

Where to Invest That Amount

After canceling your GoHenry account, consider using that in investments as follows:

1. Investing in interest savings accounts will provide safety and growth for your savings.

2. Invest the saved money in single stocks or index funds over time to achieve better returns.

3. Consider putting that amount into college savings accounts to cover future educational expenses.

4. Creating contributions to retirement accounts such as 401(k) or IRA.

Alternatives to GoHenry

If you are looking for an alternative to GoHenry in teaching your kids about money, look at these selections:

Greenlight 

This financial app lets parents control their children’s expenditures, savings, and tasks they give them. It also has real-time notifications and controls.

Rooster Money

Prepaid debit cards for kids allow parents to manage their children’s spending while teaching them about money. Some features include a scheduled allowance, chore management, and educational content.

Revolut

It is a prepaid debit card for children that allows parents to manage their children’s spending while teaching them how to handle money. Real-time spending updates, budgeting tools, and educational content are some of its features.

Conclusion

Canceling your GoHenry subscription can free up funds that could be used elsewhere. By knowing different investment options, you will reach a stable financial condition. Also, if you want to handle your finances efficiently, use Beem Budget Planner, which ensures that you have spent all your resources wisely. By making good financial choices, people who desire a secure future for their households can accomplish their goals.