How to Cut Your Cable/Satellite Bill

How to Cut Your Cable/Satellite Bill


 

As a financial planner and a consumer, two types of monthly bills can really get me riled up, that being cable/satellite or cell phone bills.

Today I would like to discuss cutting your monthly TV viewing costs by half if not even more. Cable industry costs are outrageous and satellite not far behind.

If you have cable try comparison shopping with satellite, you will get substantial reduced cost for the first 12 months with Direct TV or Dish Network. You can play the cable company against satellite by cancelling your cable service, often the cable company will offer you a better deal to keep you as a customer.

If you have satellite, try switching to another provider every couple of years or call your current provider and requesting a reduced fee pitting one company against another.

The best solution to saving money is buying a digital HD antenna for your TV set, subscribing to Netflix, Hulu and other providers. Dish Network offers a product called the Sling TV that offers ESPN and a handful of other cable channels for $20 per month.

You can add HBO as a separate provider for a monthly cost of $15.

Cord-cutting only works if you have reliable Internet. If you live in an area without a high-quality Internet stream, you will need to consider other options. Check with your internet provider and consider a higher bandwidth which will improve your streaming experience.

You can also purchase Roku and or Apple TV devices (less than $100) that will expand your viewing choices including pay per view movie listings.

The biggest drain on your wealth isn’t how much you earn rather it is how much you spend and you can significantly reduce some of your entertainment costs by taking a serious look on how much you are currently spending on your TV viewing.

Next post I will address the cost of cell phone service and ways to reduce those costs.

Stay tuned.

Quote of the Week : “We tend to focus on assets and forget about debts. Financial security requires facing up to the big picture: assets minus debts.”

Suze Orman

Daniel Iuculano, AAMS CMFC

Accredited Asset Management Specialist

Chartered Mutual Fund Counselor

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