Not too long ago I decided to hire a cable service. More than the cable service itself we felt that we wanted the security system offered by one of the big companies in the country.
Sure enough we started with a promotional rate in the sixty dollar range and before we knew it we were close to $100. No much later after that, we decided to move and according to the cable company TV commercial you could just call them up and they would move your service at no charge. So we did.
We moved, settled in, and a month later bills started coming in. To my surprise the almost $100 we were paying, now had become $158!!! That was an immediate what that …!!! I called them up and I was informed that when we moved my service from one house to another they had re-initiated my 2 year contract; of course, at their current rate. I was livid! That was $1,896 a year!
Luckily we were able to find another company that bought our contract out, and we went from paying $158 to $35 a month for only internet connection. We added the $10 no-contract Netflix service, and we never looked back. That is 72% savings every month!
Cable is a terrible option to watch anything. You are paying to watch commercials and roam from channel to channel to find nothing. Cable service and cable companies are deceiving predators taking your money ( You may already know it). Always trying to trap you in a cage of small prints and skim your account; don’t let them! Just cut it! Save yourself a big chunk of cash!
What would you do with extra $1,300 a year? Put it in your 401K/403B? Pay and extra month on your student loan? Pay an extra month on your mortgage? Remember, once you cut it the savings will be forever.