My phone is jam-packed with apps that do a plethora of functions from play music to manage my finances. Until recently I just saw them as entertainment, software to make my life easier and games and fill those bored moments. However, a recent study by Just Mortgage Brokers has shown that the combined collection of all my apps could actually be costing me a small fortune on a monthly basis. Whether I am organising a monthly Meet up, listening to music on Spotify, watching Disney Life or storing files on Google Drive, I am paying out without fully realising the total outgoings.
The research by Just indicates that whilst Millennials might be jokingly stereotyped as avocado-eating, beard-wearing, phone-obsessed, influencers, the subscription culture that surrounds them might actually be harming their ability to get on the housing ladder.
Sources can be found at Just Mortgage Brokers