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Expense Control4 min

How to detect hidden expenses and ghost expenses before they drain you

January 10, 2024

Your bank account is mysteriously shrinking, but you can't figure out where the money is going. Sound familiar? You're probably a victim of hidden expenses and ghost expenses.


👻 What are ghost expenses?


Ghost expenses are those small, recurring charges that you barely notice but add up to significant amounts over time. They're like financial termites, slowly eating away at your budget.

💰 The hidden cost of "small" expenses

A $5 coffee every day = $150/month = $1,800/year

A $10 subscription you forgot = $120/year

A $3 app you don't use = $36/year

Total: $1,956/year in "small" expenses

🔍 The most common ghost expenses


Here are the expenses that most people don't realize they're paying:

📱 App subscriptions

Spotify, Netflix, Adobe, etc.

☕ Daily habits

Coffee, snacks, parking

💳 Bank fees

Maintenance, transfers, ATM

🤖 How AI detects ghost expenses automatically


Mi Platita uses artificial intelligence to identify patterns and detect expenses you might miss:

🧠 Smart detection

  • Identifies recurring charges with similar amounts
  • Detects services you haven't used in months
  • Finds duplicate subscriptions
  • Calculates the real cost of daily habits

📊 Real example: Sarah's ghost expenses


Sarah thought she was spending $200/month on entertainment. After analyzing her expenses with Mi Platita, she discovered:

🎬 Entertainment expenses discovered

Netflix: $15/month

Spotify: $10/month

Amazon Prime: $14/month

Disney+: $8/month

HBO Max: $15/month

Total: $62/month = $744/year

💡 How to eliminate ghost expenses


Once you identify them, here's how to eliminate them:

📋 Make a list

Write down all your subscriptions and recurring charges

❓ Question each one

Do you really use this service? When was the last time?

🗑️ Cancel immediately

Don't wait, cancel unused services right away

🎯 Conclusion: Take control of your expenses


Ghost expenses are silent budget killers. With the right tools and awareness, you can eliminate them and save hundreds or even thousands of dollars per year.

Start today: Upload your bank statement to Mi Platita and discover what ghost expenses are hiding in your account. The first analysis is free.

How to detect hidden expenses and ghost expenses before they drain you | Mi Platita Blog