We finally made the decision, we are cutting the cord! We are joining millions of families that have made the decision to move away from cable and thus far, it has been amazing.
Enough was enough. I realized one night that we weren’t watching TV that much, so why have a massive TV channel option, if we watched, maybe 10% of the channels? And it was at that moment, that I looked up our monthly bill and almost fell out of my chair, as it was now $220 a month. After a little research and chatting with our cable provider a few things were really clear to me in my thought process:
- I wasn’t going to get all of my Sporting events that I am use to viewing.
- I was going to need to add a Digital Antenna.
- I needed to look at another device, i.e. Roku to supplement other 3rd party providers.
- The cable company didn’t care or try to keep us as a customer.
1) Sporting Events – I love sports! I live for College Basketball and Football. There is nothing better than watching football on a Saturday, but here is the realization with kids, I wasn’t getting to watch many games. At best, I got in 1 – 3 College Football games in a year and I did get most of my basketball games, but a lot of times I was recording them and watching them after the kids went to bed. So my argument to keep cable for sports, quickly went away.
2) Digital Antenna – I wanted to keep local channels, just in case we needed local coverage. There were many websites that provided options and data on which would work best. I did have 1 limitation that I was faced with and that is that I didn’t want a rooftop or exterior antenna, due to the fact that our plan is to move. So I wanted/needed something that would be mobile and easy to use and setup. I settled with the Mohu 50 after a lot of research and so far, I have been impressed. I have been able to watch golf and the Kentucky Derby with minor issues. But all in all, it has worked just fine and I am out $70 for the antenna.
3) Devices and 3rd party providers – We have a Sony Blue Ray player with web apps, such as Netflix, Hulu Plus, Amazon, MLB, etc. so we were covered with being able to watch all of our shows that my wife and I enjoy and also the shows that boys like. I get my sports fix with my MLB package so that I can watch the Astros and this becomes a win win situation. And then another app came out called Sling TV and they offer ESPN and a lot of the cooking shows that I enjoy, but Sling TV isn’t available on the Sony Blue Ray. After conversations with a buddy of mine, he convinced me to get a Roku and man, that has been awesome! There are so many more channels that we’ve opened up a whole new library of kids shows and other shows for my wife and I to watch, that I really don’t see the need to ever go back to cable. But, from a cost stand point, a new Roku player was $100, we have Netflix at $8/month, Hulu Plus $8/month, we already had Amazon $99/yr and then I got the MLB package for $125. See the breakdown below for a better comparison)
4) Cable didn’t care that we were leaving – I called and chatted with reps from the cable company, explained my desire to cut the monthly cost, significantly and their best offer was cutting our bill by $20 month, which didn’t factor in taxes, etc. so really the $20 a month savings, was closer to $10. There was a time when cable companies would get creative and try to keep customers, but I think that those days are long gone. So, they didn’t fight to keep me and they could have kept me as a basic cable subscriber for the right offer, but they didn’t try to keep my business and I didn’t feel bad turning in the equipment. Now, our monthly bill is $50 a month, down from $220 a month, for a savings of $170 a month.
I get it, I really see why people are cutting the cord more and more everyday. It makes sense, especially if you aren’t watching tv. But let’s look at real numbers on monthly costs:
|Service||Monthly Cost||Yearly Cost||One Time Fees||Savings|
|Cable Service||$220||$2,640||$170/month or $2,040/yearly
The reality is actually even simpler than the cost savings, we are reading more at night, spending more time as a family and less distractions and we are getting outside more. I know, it isn’t normal to say that we are unplugging and cutting the cord, but we have and we have loved it. In quick numbers, because I like to look at real term facts and measurements. By saving $170 a month, just from cable, we will be able to pay off 2 more credit card bills in less than 1 year! There, I said it, there is another benefit to cutting the cord, financial and getting out of debt faster.