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Economics:
What are the economics of dumping your cable in favor of broadband a content service? If you assume that your cable bill is $60 a month plus taxes and fees of approximately $10, you are currently paying about $840 per year in after tax dollars. In addition if you use TIVO, you are paying another $150 a year bringing you to a cool thousand. Tivo is entirely unnecessary for Internet broadcasts. Assume that you want 3 full seasons of shows that you would have gotten with your premium subscription. Those subscriptions will cost you about $80 on iTunes or may be nothing additional on Netflix. Assuming that you get a Netflix account, you would be paying an extra $120 a year with tax. Lets estimate $200 per year. So if you go from Cable/Tivo to Broadband/Netflix/iTunes, you could save up to $800 per year, which is significant. Considering that it may take you $1,200 to $1,400 in salary to pay for that $800, you really may want to consider making the switch. Another way of thinking about: with the money you saved you could go to the movies with another person every weekend with the difference, and movies are fairly expensive.
If you are looking to save on one of your major expenses, consider getting rid of your cable subsciptions and move to an streaming only subscription.
What do you do? Have a suggestion for our readers, let us know in the comments.
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