Finance 101: Cutting The Cord On Cable

Are you one of the many individuals who pay a $100+ cable bill every month and only watch a handful of the channels that you’re paying for? Well, if that’s the case, maybe it’s time to cut the cord on your cable and opt in for some less expensive options.

No, I’m not saying you have to throw out your television set, or purchase an outdated antenna to catch a fuzzy picture of your cities local channels. There’s actually a handful of alternative options available so that you can significantly cut down your monthly payments, and still catch many of your favorite shows!

The World of Streaming

Many things that sound too good to be true often are, but that’s not the case when it comes to streaming all of your favorite shows at a fraction of the cost for cable. Right now there are a number of streaming services available with high quality popular shows.

Sling Television ($20 per month)

If you’re a heavy TV watcher, then this is the streaming service for you. With their $20 basic package, you receive many of the popular channels you would get with your cable subscription. Sling TV offers real time streaming from ESPN, ESPN 2, AMC, Food Network, Disney Channel, TNT, Travel Channel, TBS, Adult Swim, CNN, Cartoon Network, ABC Family, and more. They also offer On Demand options for TV and videos.

Amazon Prime ($99 per year)

Having an Amazon Prime account offers you many perks for the full Amazon service such as free shipping on products. However, its movie offerings are top notch, and it also offers many popular network shows including HBO.

Hulu Plus ($7.99 per month)

This streaming service is for individuals who are more into watching TV than movie watching. With Hulu plus you can stream the latest shows that are currently running; whereas with Netflix or Amazon, there is usually an extended window of time before the network shows are available.

Netflix ($8.99 per month)

This may be the most well-known and familiar service to many streaming users. Netflix is the mecca for movie and TV streaming. Offering its own award winning content as well as popular titles, Netflix has the biggest library of any streaming service.