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Financial Guidance Library

Low-cost alternatives to cable TV

Once upon a time, it seemed unthinkable to live without cable television. But as technology continues to provide low-cost alternatives for delivering entertainment, now may be the time to rethink how you watch your favorite shows. Here are three reasons why it may make sense to finally cut the cable cord.

Online alternatives.
There’s nearly an endless choice of TV shows and movies available through online streaming services such as Netflix, Hulu and Amazon Prime. Many television networks also provide current episodes of their shows for free on their websites.

Lower cost.
Most people pay $100+ each month for cable. Compare this to online streaming services which are often free or $10 to $15 a month, and it’s easy to calculate the savings. Even if you factor in the cost of high- speed Internet, streaming is a less expensive alternative.

À la carte viewing.
The average American receives 189 cable stations, but only watches 17. Unfortunately, cable companies charge you for all the stations in a package, whether or not you watch them. If you don’t want to pay for stations you’re not watching, online viewing is the way to go.

Think you can live without cable? Give it a try. Not only will you save money, but you’ll still be able to enjoy your favorite shows on your schedule.