Privacy and Refund Policy

Medium has a concise policy about cancellations and refunds. After terminating your subscription, it will remain active until the current billing cycle ends. Medium does not give back money for any unused part of the subscription period. This implies that you can still enjoy all the benefits until your subscription officially expires.

How Much Can You Save After Canceling Your Medium Subscription

When you cancel a Medium subscription, you stop paying the monthly fee of $5. Thus, in one year, this amounts to a $60 savings. For someone who rarely uses the platform, this amount can be quite significant and redirected towards other financial objectives.

Where to Invest That Amount?

Dividend Stocks

Investing in stocks of dividend stocks can provide substantial profits, yet research is important before making a choice. Monthly dividends from these shares ensure a constant flow of income and may lead to expansion.

529 College Savings Plans

These are tax-advantaged accounts designed to save money for future education expenses. They offer various investment options and potential state tax benefits.

Bonds

The US government issues treasury bonds that pay fixed interest rates over specified periods and are considered low-risk investments.

Alternatives to Medium

DEV Community

DEV Community is a platform for programmers to discuss programming languages, technologies, and software development. It is also a supportive online community where developers meet each other, work together, and stay in touch with current technology trends and developments in the IT sector, thus facilitating continued growth.

HubPages

HubPages is a user-generated content website that allows writers to publish articles on various subjects, including personal stories and how-to guides. This allows people to impart their experiences while earning revenue from advertisers who use affiliate marketing techniques or pay-per-impression programs, among other options. Thus, HubPages is an appealing choice for both amateur enthusiasts and professional wordsmiths.

Conclusion

Medium subscription offers access to exclusive, high-quality content from diverse writers. The money you preserve by canceling Medium can be invested in personal loans, identity insurance, subscriptions for other platforms, or health benefits. Try Beem and find options to budget your funds, monitor and grow credit scores, and more!