Save $1,000 Year on Cable?

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“Cutting the cord” is the term used to describe the act of cancelling ones premium cable or satellite service for online streaming services like Hulu Plus, Amazon Prime, Netflix, and local over the air (OTA) broadcast channels via an antenna.

Just recently I took a look at my cable bill and realized I was spending $100 a month on cable television and was only watching a few shows and movies. Now I love movies and the occasional Game of Thrones and Breaking Bad episode, but I started pondering if it was worth spending over $1,000 a year on cable television with more affordable video streaming options such as Netflix and Hulu Plus available.

Cancelling your cable television isn’t an easy task, especially if you’ve lived with it for years. Even with the alternatives you can’t replace everything that cable television offers such as specific sporting events or really popular TV shows. I decided to come up with a pros and cons list to help me decide if the extra cost was worth the value I was receiving from my cable subscription.

Pros of Cutting the Cord

- Over 80% savings using alternative streaming services compared to cable cost

- Wide variety of new and old movies and TV shows on Netflix, Hulu Plus, and Amazon Prime

- Free local programming available via over the air antenna. With an over the air antenna you can receive local broadcast networks including local sports. One-time cost of $50.

- If you want more that local sports the NFL, NBA, MLB and NHL allow you to stream all games. NFL costs $300 per season, others are $50 per season.

- Not tied to your TV. You can watch most services on your phone or tablet as long as you have an internet connection.

Cons of Cutting the Cord

- Added effort in using and juggling multiple technological services and devices not as easy as simply using a remote control

- Not all new TV shows available right away on streaming services.

- Need to have internet and have it connected TV to internet via Xbox, Roku etc.

My Decision

After weighing out my own television usage and what I’d be missing out by using alternative entertainment services such as Netflix and Hulu plus I decided that I should cut the cord. Not only would I save over $800 a year, but I would be able to use the time I’d otherwise waste channel surfing to more productive activities in my life.

Now don’t get me wrong I still need my entertainment fix and after trying the various entertainment alternatives I decided on a Netflix and Hulu Plus subscription whose combined cost was only $15.98 a month!

Alternative Video Streaming Services

Netflix

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Netflix has a fairly large selection of movies and TV shows at the very low price of $7.99 a month with no contract. There are full seasons of TV shows, documentaries, and movies, with the majority in HD quality video.

Another great feature of Netflix is that many video game systems, blu ray players, HDTV’s and media streamers are already integrated out the box with it. I know both my TV and Playstation 3 allow me to access the entire Netflix library straight from my devices.

The one complaint I have with Netflix is they don’t have many of the newer movies available, but the ability to stream anywhere I have internet access and the wide variety of movies and shows more than make up for it.

You can find out more information or sign up to Netflix over here: www.netflix.com


Hulu Plus

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Hulu Plus lets you watch movies and television shows on the Hulu network. The fact that Hulu Plus has many current TV show episodes available makes it a good addition to a Netflix subscription which has more movies and older TV shows in their catalog.

At $7.99 a month with no contract it’s hard to complain about the cost. Hulu Plus also has a Refer a Friend program where you can get 2 weeks free for every referral up to 1 year free.

If you want to get a feel for Hulu Plus before spending any money you can sign up for a free Hulu account which will give you access to close to a thousand seasons of current and classic TV shows.

To sign up for a Hulu Plus account go to their site here: http://www.hulu.com/plus