Easy Way to Save Big Money on TV (2024)

Prices are rising all across the board and finding ways to save is becoming a common paste for all of us. This article is a classic but has been updated for today’s streaming a subscriptions tv. Learn how to ditch expensive TV and save get back in control of your household budget.

Living a simple life is more than decluttering it’s also finding ways to keep more of the money you work so hard for in your pocket where it belongs.

Easy Way to Save Big Money on TV (1)

With the cost of everything going up, more and more people are looking for ways to cut the cable cord so they can ditch satelliteTV. The cost of TV is one of those things that drives me crazy. Even with streaming services that were once affordable even those prices are climbing every other day.

I just cannot understand why these companies are able to get away with charging hundreds of dollars every month to hard working people. I mean what on earth are all these commercials for anyhow? Someone is getting rich somewhere and it sure isn’t me.

One day while doing our household budget I took a good hard look at where our money was going. When we first got our TV package way back when we had some promo for $29 a month. Several years later we were paying well over $109 a month and today that prices is even higher.

And the most annoying part of this was we still struggled to find a show that was fun to watch. For over $1200 a year we had access to 500+ channels of nothing. Add to that the sports packages we paid for and we had well over $1,500 that we were paying annually.

FOR TV! Yes, it was time to make a drastic change.

For a few years, we had been putting our TV on “vacation” mode for 6 months. This means pausing your subscriptions for the summer when many families watch less tv. Although at first, this was hard, we actually began to look forward to it each spring.

Not having that lure of junk on TV to call us away from outside really was a blessing. We got more done, spent more time talking, and enjoyed the outdoors much more than we used too. Knowing we could go without TV for 6 months made the decision to ditch satellite TV an easier concept to consider.

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ditch expensive TV and save

This is how we do things on our end and I hope you will find a few ideas you can incorporate into a plan that works for you.

Local Channels

In our area local channels can be reach with an antenna which other than the cost of the antenna is free after. I do realize that some of the newer TV’s have built in antennas and if you have one of those you should be set. Play around with the quality and see if you can get the locals in your area.

In our area we are able to get 16 channels for absolutely free. This includes PBS’s Create which has really improved it’s lineup of shows.

How can you get your local channels?

Well, if you have a TV that is newer than 2007 if will have a digital tuner. That is all you need.

If you have a TV that is older, then you will need to purchase a Digital Converter Box.I have not purchased one of these in years and things have totally changed. Please use this link as a starting point and do your research to ensure you get the right product.

If you aren’t sure, just go to your TV’s website and look up the make and model to find out. For many people, this may be enough, but I soon discovered I am a TV junkie and need just a bit more.

Subscription Television

Subscription television is a type of television service for which the viewer pays a regular fee to receive a specific range or package of channels. There are many options available in all different prices ranges with some even being free. Below is a list of the most common but there are many more options out there.

Paid TV Services:

  • Netflix
  • Hulu
  • Disney+
  • Paramount
  • Peaco*ck
  • Amazon Prime

Free TV Services:

  • Pluto
  • Freeze
  • Tubi
  • Sling Freestream
  • Roku

Premium Services that may include locals:

  • Fubo
  • Roku
  • Sling
  • Hulu Live

Let’s look at a few of the most popular.

Netflix Streaming

Netflix is a subscription-based streaming service that a large selection of TV shows, movies, documentaries, and more. For a monthly fee, Netflix users can enjoy unlimited viewing of the platform’s content either with or without commercials. With the ability to stream from any device and a user-friendly interface, Netflix is a good option to consider.

They have a very affordable streaming package that are cheaper if you choose commercials and go up from there. I like Netflix as it is a more affordable option to Showtime or HBO. Before you do this you will need to make sure you have a sufficient internet connection with a large or unlimited data package.

I believe it takes about a gig to stream a movie, so if you have a cap of 10 GB a month this may not be for you.

Easy Way to Save Big Money on TV (12)

Hulu STreaming

Hulu is another subscription-based streaming service similar to Netflix, with its own selection of shows, movies, and documentaries. The service offers different subscription tiers, including an ad-supported plan, a no-ads plan, and a package that bundles Hulu, Disney+, and ESPN+. Hulu sets itself apart with its offering of current TV episodes from major networks shortly after they air, a feature not typically available on other platforms.

Hulu offers a nice selection of movies along with network television shows. The biggest adjustment when ditching our satellite TV was losing our DVR. Hulu helps solve that offering a large selection of newer shows. If I miss my favorite show on TV, I can usually catch them later on Hulu.

Amazon Prime Streaming

Amazon Prime Video is another option that is similar to Netflix and Hulu. It offers a vast library of movies, TV shows, documentaries, and Amazon Originals. For a monthly or annual fee, Prime Video subscribers can access content anytime, anywhere. What sets Amazon Prime Video apart is its integration with Amazon Prime, a service offering benefits such as free two-day shipping on Amazon purchases. Another bonus is you can find an even bigger selection with a library of rent or buy movies and TV episodes not included in the Prime Video library.

SLCG Pro Tip: If you are an Amazon Prime member and choose slower shipping when you purchase items on Amazon, Amazon will reward you with free digital credits that you can then use to offset the price to rent or buy.

Even though we like Amazon Prime video we find their selection is not as comparable to Netflix. To ensure you are choosing the best service do a research on the shows and movies they have out now and see if they are ones you enjoy watching. This will help you to make a better decision.

Disney+ Streaming

Disney+ is a subscription-based streaming service owned by The Walt Disney Company. Even though we are adults this option has quickly become a popular one in our family. Not only do they have a huge library of cartoons, both classic and new, but they also have Pixar, Marvel, Star Wars, National Geographic, and even 20th Century Fox.

We love having a place for our grandkids to go if they are over and want to watch a cartoon or kid-friendly show. Disney has the option to create an account for our grandkids so that we can filter the ratings, ensuring they are only being shown kid-friendly shows.

For a monthly or annual fee, subscribers can enjoy ad-free viewing of all they have in their library. If you love documentaries they have some really great options to check out.

Paramount

Paramount+ is a subscription-based streaming service owned by ViacomCBS. They have a great lineup of shows, including some of our favorite dramas. They also have popular TV series such as Yellowstone and news programs as well.

They also have content from networks like CBS, BET, Comedy Central, MTV, Nickelodeon, and the Smithsonian Channel. Moreover, it provides live TV access to CBS networks, making it an excellent choice for news and sports enthusiasts. For a monthly or annual fee, you’ll get access all these features, with an option for a commercial-free plan for an additional cost.

On the downside, we struggle constantly with the quality of steaming with this service. Although it may just be our area it is still something you will want to research before investing in the yearly plan.

SLCG Pro Tip: If you are a Walmart+ member, you get Paramount Plus Ads for free.

Easy Way to Save Big Money on TV (13)

How to save with streaming services

There are a few ways to save money when streaming. Here are our favorite options.

Netflix – As of today’s date you can still share your account with family members and this can great reduce the cost. However, this option will be going away and something you will want to keep in mind.

Hulu – To save pay for the ads option. Yes you have ads but there is a way to watch them all on the front end rather than during the show. You will watch a block of ads for about 5 full minutes then you can enjoy your show ad free.

Disney+ – As of today’s date you can still share you account with family members to reduce the overall cost. Again, this option will be phasing out and something you will want to keep in mind. Disney is also playing around with a ads option that can lower the price if you choose this route.

Paramount Plus – Get a year for free as a Walmart+ member.

Next level ways save on tv

If money is still tight there are a few old school ways to enjoy television namely with movies you can watch at home. DVD and VHS movies and shows are a great way to enjoy tv without paying for streaming.

Tip #1 Shop Yard Sales

I cannot even tell you how many movies I have purchased for next to nothing at yard sales. My eclectic collection spans from Singing in the Rain to Jaws. There really is no rhyme or reason to what I will buy and my family is always so excited to see what I will bring home next.

SLCG Pro Tip: Be sure to check for scratches before buying. Most can be buffed out but if your nail can fall in a scratch this is a sign it may not be fixable.

Tip #2 Make a stop at your local library

Did you know most libraries not only rent out movies for next to nothing but also have a pretty large collection of FREE rentals? Not only that but rentals are for a week rather than just days. This is a great way to get movies for pennies without having to buy them and store them in your home.

Tip #3 Call in your friends and family

I am sure you are not the only one that has a large collection of DVD and VHS. Reach out and see if your family or friends would be willing to set up a weekly swap of sorts. Before you do this, however, I would stick a return address label on each movie so what you lend out has a better chance of coming back to you.

How to Save mOney on streaming

Let’s review the tips we covered. Give a few a try and see if you are able to reduce your TV bill every month.

Step #1 Put your service on vacation mode.

Call your company to see if this is a free option. While you are on the phone make sure you are not under contract. Try it for a month to find out if you can live without subscription tv without going stir crazy.If you survive proceed to step two.

Step #2 Make sure you are able to get local channels

I always like to start here because they are FREE! If you have an older TV you may need to purchase a box. (please see tip above)

Step #3 Cancel your expensive TV

If you are under contract you may have to pay a cancellation fee, read that fine print to make sure. Return all equipment as advised. You are not saving money if you have to pay for non-returned equipment.

Step #4 Free movie options

Get your movie fix by renting free movies at your library. You can also stock up on cheap movies at yard sales and do a swap with your friends.

Step #5 Purchase a streaming device for your TV

If you have a smart TV you can skip this step. If not before you buy, make sure your internet is fast enough to stream movies and you are NOT on a limited data plan.

Step #6 Purchase a streaming service

Refer to our list above for a few ideas to start with. Check for a free trial so you can try before you buy. Be sure to set a reminder on your phone or calendar to cancel before you get hit with a fee.

Step #7 Sport options

If you or your family are sport fans you can find may options on these services:

  • Peaco*ck
  • CBS Sports
  • ESPN
  • Paramount Plus
  • Amazon

You can also stream your sports through your computer, but we did not like this option.

Step #8 Celebrate

Because you are officially saving a nice chunk of change and getting your household budget back on track.

For years we paid a fortune for TV not knowing there was another option. When we first cut the chord our friends were a bit surprised, they just couldn’t understand how we survived without TV. Now they are just like us and have ditched expensive TV and saved big in the process.

More Money Saving Tips:

Easy Way to Save Big Money on TV (15)

Easy Way to Save Big Money on TV (16)
Easy Way to Save Big Money on TV (2024)

FAQs

How to save $10,000 in a year? ›

6 steps to save $10,000 in a year
  1. Evaluate income and expenses. To make room for saving, you'll need a meticulous budget that outlines all your sources of income and all your expenditures. ...
  2. Make an actionable savings plan. ...
  3. Cut unnecessary expenses. ...
  4. Increase your income. ...
  5. Avoid new debt. ...
  6. Invest wisely.
Apr 2, 2024

How to aggressively save money? ›

How to Save Money: 23 Tips
  1. Make a budget.
  2. Say goodbye to debt.
  3. Set a savings goal.
  4. Save money automatically.
  5. Buy generic.
  6. Meal plan.
  7. Cancel some subscriptions and memberships.
  8. Adjust your tax withholdings.
Apr 5, 2024

What is the best way to save a lot of money? ›

Canceling unnecessary subscriptions and automating your savings are a couple of simple ways to save money quickly. Switching banks, opening a short-term CD, and signing up for rewards programs can also help you save money. Making a budget and eliminating a spending habit each day can help lead to long-term savings.

What is the 50/30/20 rule? ›

Those will become part of your budget. The 50-30-20 rule recommends putting 50% of your money toward needs, 30% toward wants, and 20% toward savings. The savings category also includes money you will need to realize your future goals. Let's take a closer look at each category.

What is the $27.40 rule? ›

The $27.40 Rule is a straightforward savings strategy — it involves setting aside $27.40 every day. This amount, seemingly small and manageable for many, adds up significantly over time. Saving $27.40 daily leads to approximately $10,000 in savings annually.

How to save up $100,000 fast? ›

Five tips to help you save $100,000 faster
  1. Live below your means and cut frivolous spending. ...
  2. Be hyper-aware of every monthly expense and ruthlessly cut back to save faster. ...
  3. Pay down high-interest debts like credit cards first. ...
  4. Find the financial institution that will get you the highest interest rate.
Mar 27, 2024

What is the 30 day rule? ›

The premise of the 30-day savings rule is straightforward: When faced with the temptation of an impulse purchase, wait 30 days before committing to the buy. During this time, take the opportunity to evaluate the necessity and impact of the purchase on your overall financial goals.

How can I save money without going broke? ›

You can learn more about apps that automate savings and decide if they're a good fit for you.
  1. Count your coins and bills. ...
  2. Get discounts on entertainment. ...
  3. Lower your car costs. ...
  4. Bundle cable and internet. ...
  5. Switch your cell phone plan. ...
  6. Reduce your electric bill. ...
  7. Lower your student loan payments. ...
  8. Cancel unnecessary subscriptions.
Mar 26, 2024

How to save $10,000 easily? ›

The easiest way to do this is by setting monthly savings goals. To save $10,000 in a year, you'll need to save about $833 each month, or around $192 per week. You can look through your budget for ways to reallocate more of your money toward savings.

How can I save $5000 fast? ›

Here are eight ways to save $5,000 in a year with small, manageable steps.
  1. “Chunk” Your Savings. ...
  2. Automate Your Savings. ...
  3. Save in a High-Yield Saving Account. ...
  4. Track Your Cash Flow. ...
  5. Boost Your Earnings. ...
  6. Declutter for Cash. ...
  7. Evaluate Your Subscriptions. ...
  8. Challenge Yourself.
May 3, 2024

How to save a lot of money in a short amount of time? ›

How to save money fast: 17 tips to grow your savings
  1. Learn to budget and understand your finances. ...
  2. Get out of debt. ...
  3. Create a designated savings account. ...
  4. Automate your savings. ...
  5. Automate your bills. ...
  6. Put a spending limit on your card. ...
  7. Use the envelope budgeting system. ...
  8. Cut back on rent.
Aug 12, 2022

How much money should you have left over after bills? ›

As a result, it's recommended to have at least 20 percent of your income left after paying bills, which will allow you to save for a comfortable retirement. If your employer offers matching 401(k) contributions, take advantage so you can maximize your investment dollars.

How much should I be saving a month? ›

At least 20% of your income should go towards savings. Meanwhile, another 50% (maximum) should go toward necessities, while 30% goes toward discretionary items. This is called the 50/30/20 rule of thumb, and it provides a quick and easy way for you to budget your money.

How much do I need to save a week? ›

Setting aside $10 each week adds up to $520 a year. That's a solid amount for a starter emergency fund. Putting savings into a high-yield savings account is one way to leverage compound interest and further grow your savings. To see how much your savings could potentially grow, try out our savings calculator.

Is it possible to save $10,000 in a year? ›

To reach $10,000 in one year, you'll need to save $833.33 each month. To break it down even further, you'll need to save $192.31 each week or $27.40 every day. These smaller chunks are much more realistic and simple to comprehend, making it easier to track your progress.

How quickly can I save 10k? ›

How long will it take to save?
Savings GoalIf You Saved $200/monthIf You Saved $400/month
$10,00050 months25 months
$20,000100 months50 months
$30,000150 months75 months
$40,000200 months100 months
7 more rows

How much per week to save $10,000 a year? ›

The easiest way to do this is by setting monthly savings goals. To save $10,000 in a year, you'll need to save about $833 each month, or around $192 per week. You can look through your budget for ways to reallocate more of your money toward savings.

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