We finally eliminated cable earlier this year. Cutting the cable cord wasn't hard due to the fact that we have a digital antenna.
And, guess what?
We haven't missed it one bit.
According to NPD Group (a market research company), the average monthly cable bill in 2015 is expected to be $123. By the year 2020, the average cable bill is expected to be around $200 a month.
That’s A LOT of money!
In fact, that’s $1,476 for 2015 alone. By 2020, the average annual cable bill would then be $2,400.
Who wants to spend that much money on TV?
I know I don't!
- How To Live On One Income
- 75+ Ways To Make Extra Money
- How To Be Frugal And Fun (And Not Boring)
- Why Would A Person Choose To Live A Frugal Life?
I know there are some out there who prefer to have cable because they watch sports, but I doubt that is the norm. I believe many have cable just because it's an expense that most people have and are “used to.”
However, that money could be used for something else. Perhaps a vacation, retiring a little bit earlier, paying off debt, and so on.
One of the main ways I recommend cutting the cable cord (and making it a bit easier) is by purchasing a digital antenna.
Cutting the cable cord is easy with a digital antenna.
When you think of TV antennas, you probably think of the classic rabbit ears that are big and ugly. You probably also think about how the picture is never perfect and how channels can get blurry and almost completely fade away.
Well, these days antennas are no longer like that and this makes cutting the cable cord much easier. Digital antennas are sleek looking and allow you to watch your favorite TV shows with no problem at all.
Digital antennas are also cheap. They start at around $29.99 on the Antennas Direct website and go up from there. There is no monthly cost to use a digital antenna, so you can still receive many of your favorite local TV channels (that's all I ever watched anyways!) and never have to pay money again.
Just think about it – around $30 for a digital antenna and be set for a really long time, or spend thousands of dollars on cable that you probably don't get full use out of?
Seems like a clear winner to me!
Our digital antenna.
We recently got a digital antenna (you can go to this website and find many great digital antennas – this is an affiliate link, but I didn’t find out I could be an affiliate until after I was already using their digital antenna. I truly enjoy this product and recommend it!) and it has been working well for us.
We have the ClearStream™ Micron Indoor Multi-Directional Digital TV Antenna.
It’s an indoor one that sits behind our TV, there is no ugliness that goes along with it, and you can’t even see it.
The digital antenna gives us around 14 channels and they are all of great quality. I've even heard of others getting 50 or 60 channels. The antenna we bought was around $60 and it will allow us to save hundreds of dollars a year for years to come, so it was a great deal.
Do you have cable? Why or why not?
Join the free Master Your Money course!
Join the free email course and finally learn how to manage your money better, pay off debt, save more money, and reach financial freedom.