What if you could eliminate your gas bill and still drive 95% of the places you currently go? Or stop paying for heating by keeping your thermostat two degrees cooler? These aren’t possible, but you can stop paying for TV and still watch most of your favorite shows.
Budgets are tight. But most people are still reluctant to give up cable. Even when it may be financially crazy to keep it. Paying $95/month for cable? That’s over $1100 a year. Or enough to buy a 75 inch flatscreen TV each year.
Save the money or put it towards that new big screen TV. Then use free digital broadcast TV and avoid paying monthly cable tv fees. Save the money and earn interest on it. With a 6% rate of return…
- After 3 years you will have saved $3747
- After 5 years you will have saved $6648
- After 10 years you will have saved $15,621
- After 20 years you will have saved $44,083
Congratulations! You have now turned a major expense into an investment.
What are you missing? Not much. We did it and still watch all our favorite shows. Most were broadcast (Lost, 24, etc.) . Using a $16 digital antenna our picture quality is actually better than our old digital cable. Most of our favorite cable shows (Daily Show, Colbert Report) are available for free on the Internet. Our kids watch videos on Disney.com and Nick.com and we get current movies and HBO shows with a Netflix subscription.