One way you can help your finances is by finally cutting the cord on cable TV. These bills, depending on the company and service you subscribe to, range upwards of 200-dollars each month. By eliminating this bill and opting for more affordable subscription streaming services, you will be able to put the extra cash towards other needed expenses or indulgences.
Sounds great, right? The only misstep you want to avoid is signing up for too many streaming services. If you need some tips on managing these subscriptions, check out our suggestions below.
Be realistic about what you’ll watch and how often. Some services offer dozens of channels, shows, or movies to watch. If you’re like most of us, there’s way more content available on any one service than you’ll ever watch in a lifetime. So, create a list of programming you and others in your household are likely to watch and stick with the streaming network that offers most of your favorite choice.
If you’re going to bundle up, do the math first. Many streaming services offer add-ons for premium content from networks. like Showtime, HBO, or Starz. If having access to these networks is important to you, adding a premium streaming service could potentially save you money, compared to purchasing subscriptions to those services separately. Just be sure to do the math, first, once you narrow down the content you want.
Pay for your subscription with a credit card that offers extra cash back or points on streaming. Multiple credit cards that offer extra rewards for streaming subscriptions. For example, the American Express Blue Cash Preferred card offers six percent cash back on subscriptions to Prime Video, HBO Now, Hulu, Netflix, and more. Not too bad, if we do say so ourselves!
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