Are you looking at tightening your financial belt some more? Rather than trying to save a few bucks on items you buy rarely, how about completely eliminating some of your monthly subscriptions. Paying just 15 bucks a month for something you like might not seem like much, but that translates into $180 a year. Hearing that larger number might make you think twice about keeping that service.
If you really want to save money you can just get rid of everything except food and shelter, but that’s not what we’re going for here. The goal is to keep your quality of life as high as possible while at the same time saving as much money as possible. Here now is a list of subscription-based entertainment services you can entirely cut out from your budget.
Cable / Satellite TV
Watching your favorite shows does not have to cost you an arm and a leg. You can typically expect to pay about 80+ bucks a month for cable for all of your televisions. That translates into nearly a thousand dollars a year. That is an insane price to pay just to keep up with the Kardashians.
But there are other alternatives out there to watch your favorite TV shows. First of all, broadcast television is available via an antennae in high definition. The highest rated shows are available for free such as Modern Family, American Idol, Big Bang Theory, Family Guy and the Voice. As far as cable shows go, many networks add full episodes on their website, typically the day after the show airs. With a device like a Boxee Box ($179.99) you can access these shows and watch them right on your HDTV, instead of your laptop.
For access to more television shows you can get a Hulu Plus subscription for $7.99 a month. With Hulu you can watch many of your favorite cable TV shows on your computer anytime you want for a price much lower than cable.
Premium Movie Subscriptions
If you’re a movie buff and subscribe to premium channels like HBO, Cinemax and Showtime, you can save substantially by canceling these networks from your cable bill. How can you watch your movies? Look no further than Netflix. For only $7.99 a month you can watch unlimited streaming movies and television episodes. You can also get DVD’s mailed to you and use that part of the service if your internet connection isn’t fast enough for streaming movies.
Other than Netflix, there’s Blockbusters online service which is similar. Another option for watching movies is RedBox, which allows you to rent movies for $1 per day. You can also rent movies and stream them online via Vudu for about $2.99 per movie.
Newspaper & Magazine Subscriptions
You might be old-school and enjoy the feeling of flipping through the pages of a magazine or a newspaper. But this feeling is costing you money. You can now get a lot of great content online completely free. Getting your news online is better since there’s no monthly charges, no delivery fees and no wasted paper. You can even bookmark articles you want to read later and if you have a tablet you can still “flip” through the pages.
The only exception here is with the Sunday paper if you get it for the coupons. The $2 or so it costs for the Sunday paper may be worth it if you get more than $2 worth in savings from it every week.