How to Cancel Google Drive Storage Subscription in Easy Steps

Google Drive Storage Refund Policy

They do not offer refunds if you decide to no longer enroll in a particular subscription service. Moreover, the additional space will remain for you until the billing period finishes. No partial billing refund is provided at the end of any month.

How Much Can You Save After Canceling Google Drive Storage Subscription?

The amount you save after canceling the subscription depends on your chosen plan. For instance, a 100GB plan costs $1.99 monthly or about $23.88 annually.

Meanwhile, higher tiers like the 2TB alternative cost $9.99 monthly, or nearly $119.88 annually. If you terminate this service, these funds can stay in your budget and be allocated elsewhere.

Where to Invest that Amount?

Once you cancel your Google Drive storage subscription and free up that portion of your budget, there are several intelligent investment options to consider:

Emergency Fund

Deposit the saved amount into an emergency fund for unexpected expenses.

Stock Market

Investing in stocks or mutual funds might increase the value of someone's savings over time, but some risks need careful consideration.

Debt Repayment

Using saved funds to pay off high-interest debts can lower overall financial obligations and boost creditworthiness.

Alternatives to Google Drive Storage

Dropbox

Dropbox offers cloud storage and collaboration tools. It has file recovery and version history and integrates seamlessly with third-party apps.

Microsoft OneDrive

Microsoft OneDrive offers efficient cloud storage and is deeply integrated with the Microsoft Office suite. Its features include real-time collaboration, file sharing, and access across multiple devices.

iCloud

Apple's iCloud service is designed so iOS and MacOS devices can work together without issues. Backups are automatic, photo libraries can be stored here, and other files are all in one place and sync across all Apple devices. It assures convenient retrieval of information and supports various storage plans.

Conclusion

By canceling your Google Drive membership, you can save some money. You can use this money for emergencies, retirement, stock market investments, or other purposes.

Consider using Beem, a digital wallet app that offers all the necessary services for intelligent financial management!