What is the difference between pausing and canceling my subscription??

The main benefit of pausing your subscription instead of canceling it is that you keep your current subscription and pricing. If you cancel your subscription, you can't reactivate it later. You'd have to create a brand new subscription, which might be more expensive in the future. Pausing your subscription allows you to take a break for as long as you need, and then return to the same subscription and price whenever you're ready.