Pay For Amazon Prime Membership Only When You Need It

July 9, 2019

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If you're not finding ways to save a dollar here or there, then perhaps you have too much money! Seriously we could all benefit from being wiser with our money. For many the allure of free shipping and online access to millions of products, Amazon Prime appears to be a good deal.  However its yearly membership fees has now creeped up to $119 and that number most certainly will get higher.  But consider this, you can pay for your Prime membership on a monthly basis instead of plunking down for a whole year. here's the deal, not everything on Amazon is at the best price for you but we feel obligated to shop Prime because  we've already paid for the membership and want to cash in on the free shipping benefit.  Not to mention there may be a month or two where you don't shop Prime at all!  That is where a monthly membership fee could work in your favor.  You sign up when you want to shop Prime and when you're finish, you cancel. So you sign up for back to school shopping and cancel it until the holidays, saving you money.  The monthly fee for Amazon Prime is $12.99 ($6.49 for students and $5.99 if you have an EBT or Medicaid card).  Of course paying monthly is a little more than the annual payment ($156 vs $119) but if you aren't using it three to four times a month, this may be a wiser option.  It's also important to point out that Amazon (as well as many other retailers) offer free shipping on order over $25, so you can still get a good deal without being a Prime member.

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SOURCE: Lifehacker

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