budgeting
Subscription Economy
Business model based on recurring subscription revenue
Also known as: subscription services, saas economy, recurring revenue model
What You Need to Know
The subscription economy refers to the business model where customers pay recurring fees for ongoing access to products or services rather than one-time purchases. Common in software, streaming, and delivery services, subscriptions provide predictable revenue but can accumulate to significant monthly expenses.
Sources & References
This information is sourced from authoritative government and academic institutions:
- consumerfinance.gov
https://www.consumerfinance.gov/consumer-tools/money-as-you-grow/
Related Calculators & Tools
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