How to save money and cut expenses by canceling cable without losing your ability to watch your favorite television shows.
Recently we canceled cable and our home phone line. Keeping just internet service, we are getting a higher speed than we were originally contracted for. As we had a 2 year contract and canceled early, early termination fee was $70 ($10 per month remaining in your contract). Note that the fee ends up being less than we are saving in a month.
We also had a home phone line which was occasionally useful, but realistically our cell phones are the primary way we receive phone calls. We've had two phone numbers we've tried for our house phone and while the second one was better, we still get a lot of spam calls. We kept our phone line unplugged most of the time because we were tired of it ringing and waking the kids. F-you automated callers.
We were paying $176/month for all of these services and now it will be $80/month for internet that's slightly faster than what we had. Savings is $1152 per year.
- No taxes on internet.
- No equipment rentals for cable boxes (we were paying $32/month for equipment- with a cable box that has DVR)
- Cable boxes use a lot of power too so we may also save on electricity.
- We have Amazon Prime ($99/year) that allows us to watch tv episodes and movies free streaming through our Roku or PS3... sign up for a free trial of Prime using the link at the bottom of this post. We may also sign up for Hulu Plus ($7.99/month or $95.88/year). That's still in the air and will depend on if there's better way we can find to watch all of our favorite tv shows.
Hulu and Prime would be $194.88/year combined. We already had our Roku and PS3, and regardless things like the Roku are really one time costs. So if you ignore that and the cancellation fee, we're saving $957.12 per year.
We also have a Roku on our upstairs television. We can connect to Hulu and Amazon downstairs via our Playstation 3.
|This is the Roku.|
|This is the Roku plugged into our television.|
You've got a few other options besides Roku if you prefer another company... here's a few of them. Each brand seems to have quite a few different models too. If you want to save more money, buy these items refurbished on Amazon.
Here's a link about Amazon Prime which is what we use to watch most of our shows on streaming... you can sign up for a free trial below.
And that's that. Prime doesn't usually offer the current season of shows free... sometimes they cost a few dollars. Hulu Plus won't have that issue as they should have newer episodes, or many of these tv stations post the most recent episodes on their websites as well. We're looking into how to watch those on our tv.
Have you gotten rid of cable yet? What do you think? Any concerns or comments?