If you’re serious about reducing your bills to save money, start by taking a look at what you pay every month for traditional cable or satellite TV service.
A recent study found the average monthly spending for pay TV service is $103.10, which comes to $1,237.20 a year.
Pay TV bill too high? Here’s how to cut your bill in half
By making just two moves, money expert Clark Howard says you can cut that bill in half and you’ll have access to more content than you’ll ever be able to watch!
Move #1: Get an antenna for free over-the-air TV
Buying an antenna for $10 to $40 will give you a lifetime of free access to your favorite local channels in high definition, with superior picture quality.
Plug in your address at AntennaWeb.org to see which type of antenna is best for your needs.
When we entered an address on the website, it also listed the channels that will be available, such as the local ABC, CBS, NBC, FOX, PBS and independent stations.
Move #2: Add one or more of these streaming services
Next, Clark recommends that you supplement your free over-the-air TV with at least one of these four affordable streaming options. Even if you got all of them, you’d be paying less than $50 a month!
Sling TV: For $20 a month, stream more than 30 channels like ESPN, CNN, HGTV, Disney and Comedy Central. You can try out the live TV streaming service free for seven days. Several new live TV streaming services have bundles starting at about $40.
Netflix: Watch thousands of TV shows, movies and documentaries for as low as $7.99 a month. The standard plan, which is available in high definition, will set you back $10.99 a month. New customers get the first month free.
Hulu: Although it may seem similar to Netflix, Hulu offers a lot of TV shows, including episodes from the current season available the next day. The limited commercials plan is $7.99 a month. You can pay $11.99 per month for a plan with no commercials. Hulu also has a free trial period.
Amazon Video: Amazon Prime members probably signed up for the free two-day shipping, but you might as well take advantage of the TV shows and movies included with your membership. Like Netflix, Amazon is putting a lot of focus on expanding its lineup of original content. Amazon Prime costs $99 a year or $12.99 a month.
Your next step
If you’re not sure which of these plans will be best for you, head to Untangle.tv and let the free website do the work! Enter your favorite shows, channels and sports — and it’ll build you a custom package for a low price.
Still not ready to drop pay TV for good? At least shop around! The major providers offer great specials for new customers.