Ways to Save on Your Cable Bill
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Ways to Save on Your Cable Bill

Posted on Monday, February 3rd, 2014 at 8:00 am
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One of the major expenses we're going to focus on is your cable bill and how you can cut costs without sacrificing your entertainment. If there is one thing you could cut from your monthly costs that has a serious impact on your spending what would it be? One of the major expenses we’re going to focus on is your cable bill and how you can cut costs without sacrificing your entertainment.

How to Cut Costs on your Cable

1. Free Streaming Services

If you want to scrap your television altogether it’s easier than you think. There are plenty of free streaming options that you can use on your computer. Instead of upgrading your television or paying for a cable service you can get many of the same shows for free by watching them online. Many of the major networks, NBC, ABC, FOX, etc., stream their shows on their own sites.

However, if you’d like a one-stop-shop for a wide variety of television shows and movies, we recommend you checking out Hulu. Hulu is a site where you can stream popular television shows, from major networks like ABC, ABC Family, NBC, etc., and movies for free. In addition to free streaming, Hulu offers a paid subscription called Hulu Plus. Hulu plus offers a wider variety of shows and movies in addition to a smaller number of commercials when you’re watching videos. If you’re contemplating a Hulu Plus subscription be sure to check it out first with a free trial before making the jump.

Also, if you haven’t checked YouTube.com lately, they do offer free movies and movies for a small charge. The features that do cost money have a small fee, such as Last Vegas for $3.99, which is way more affordable than a Pay-Per-View option.

2. Paid Subscription Services

Similar to Hulu, there are  streaming services you can take advantage of that are a fraction of the cost of cable. Some of our favorite options include Hulu Plus, Netflix, and Amazon Prime. Price wise Hulu Plus and Netflix are on the more affordable side (both costing $7.99 a month). However, with Amazon prime, in addition to getting streaming movies and television shows, you’ll also receive free two-day shipping on millions of items, and over 350,000 Kindle titles for you to borrow. The current price per year is $79, but Amazon recently stated it may raise prices by as much as $40 to combat higher shipping prices.

3. Free Rentals

Another way to get great prices on your favorite movies or television shows is by renting them for free! Join the Redbox Text Club, by texting SIGNUP to 727272, to get discount or free rental codes. Or, if you love the library, there are plenty of quality rentals of television shows and movies for you to enjoy.

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Good Tip: Saving money is important – especially if you have a lot of expenses like bills to pay, loans to pay off, and all the other things that drain your bank account. Figuring out a way to save money can feel tedious to some, and like a punishment to others. U.S. News suggests that you try one of these money saving challenges. The “No Eating Out for a Month” Challenge This one is self-explanatory. The goal is to avoid eating out for an entire month. This might be super easy for people who enjoy making meals at home. People who really enjoy dining out, or ordering food to be sent to their home, may struggle with this one. It’s worth a try because spending money on take-out is more expensive than buying groceries. The Pantry Challenge This one is a variation of the “No Eating Out for a Month” challenge. The goal is to use up all of your groceries before you buy more. It forces you to try and remember why you bought a food or beverage that you don’t know what to do with, and gives you the opportunity to find a way to use it. The one exemption to this challenge is the foods that have expired. Don’t eat them! Throw them in the trash. The “No Spend” Challenge Make a goal to avoid spending money during an entire weekend. The only exemption in this challenge is that you are allowed to pay bills. This challenge is interesting because it requires creativity. You must be creative and find workarounds for problems that you would typically solve by spending money. You may have a different outlook on spending after finishing this challenge.