Wednesday, 2 May 2018

Kindle Unlimited Update - Quarter 1


Back in January, I wrote about how I was placing myself on a book buying embargo and using Kindle Unlimited to control my book budget until we'd completed our mission and bought our house. As it's been 3 months since I started at the beginning of January - and seeing as I still haven't completed on my house - I thought I'd give an update on how it's going!

Kindle Unlimited costs me £7.99 month.

Over the past three months, I have read the following books on KU and I noted what each would have cost if I'd bought them instead of borrowing via Kindle Unlimited...

Legacy by LJ Swallow £0.99
Bound by LJ Swallow £1.99
Hunted by LJ Swallow £1.99
Guardians by LJ Swallow £2.28
Chaos by LJ Swallow £1.99
Dirty English by Isla Madden Mills £3.69
Satan's Spawn £2.99
From Lukov with Love by Mariana Zapata - £3.52
Uncovering You: The Complete First Boxed Set by Scarlett Edwards £0.99
Cursed by Fire by Danielle Annett £2.80
Shift by Karina Espinosa £3.18

Total cost if purchased: £26.41
Total spent on KU: £23.97
Total Saving: £2.44

Was it worth it?
Honestly, I'm not sure.
For one thing, I don't own the books! 
Seeing as I have saved so little, I think I'd have preferred to actually own the things I spent my money on... 
Plus, I'm going to have to buy a copy of From Lukov With Love for keeps because it is a top fav and I NEED it. 
Therefore deducting the money I 'saved' in borrowing From Lukov with Love, I actually made a loss on KU in the first three months.

That sucks.
It really sucks.
Therefore, I'm not sure I should continue with KU...
But I'm going to keep it a bit longer.

Why?

Well, I've discovered a few authors I probably wouldn't have read without it and I do think it can be financially better for me in the long run. The 'cost analysis' (such as my basic maths was!) would have been far better if I hadn't practically abandoned KU for a month due to being caught up in review copies and binging books from the TBR pile throughout March... 
Plus, I may grumble about not owning the books but with the exception of From Lukov With Love, I doubt I'd read any of the others again anyway! 

Considering how many books I have on my kindle that I'm never going to read again, not owning these books is probably doing me favour! 

I'll give it another 3 months but if it's still a loss - or borderline - then I'll call it quits.
I may even be in my new house by then!


12 comments:

  1. I read a ton (min 25 books a month), so KU was great for me, when I was a subscriber. However, I found that I was not reading any of my own books, which is why I canceled my subscription.

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    1. Yeah, I think reading my own + ARCs made KU less financially viable :(

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  2. I recently started using KU this will be my 3rd month my first month the money I saved was almost $30 bucks but then I basically read nothing the next month. I did really enjoy the books I read though so I'm excited to see what this month brings. I've heard great things about From Lukov with Love I didn't know it was on KU I'll have to check it out!

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    1. I'm a From Lukov with Love fangirl! I hope you enjoy it!

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  3. Well, you did come out with a savings, but if you're going to buy one of the books... I guess there goes the savings. I've never seriously considered KU because I really like to own my books, but mostly because I already own sooo many books that I'm excited to read. If I did KU I know that I would read only those books in order to "get my money's worth" and ignore all my books that I want to read.

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    1. I agree! I think that's one of the reasons I'm tracking whether it's financially viable because I want to get my money's worth and because the savings were so minimal compared to purchasing the books it was disappointing. :(

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  4. I've never subscribed to KU but if it works for you for now then that's great.

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    1. Honestly, I'm still not convinced but I'll stick with it for a while longer. :)

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  5. I'm not using KU nearly enough but I got it during Prime days at a discount. If I can keep getting it at that price it's sort of still worth it. Especially now that I've caught up on other books and have time to read more. But at full price I doubt I'll renew.

    Karen @ For What It's Worth

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    1. Is it an annual subscription in the US? Here we can pay monthly and it breaks the cost up enough that I don't mind.

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  6. Kindle Unlimited is not available in my region, but sometimes I feel that it's a good thing. Cause, like.. They do offer some pretty obscure books through it. Often not very well known ones, and not the ones I crave. So I also don't know if it's really worth it! And either way, I feel like I'm just stormed in ARCs anyway :D I am amazed that you actually manage to read your fresh buys, that's amazing :)

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    1. Ah bummer. :(
      I've loved reading authors and genres that I haven't heard of or would have given the light of day without KU. That's a definite plus for me as I've found many new ones. However, review books and my TBR are making me twitchy over it's perceived financial benefits.

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