2022 is coming to an end and we can tell all the good TV we’ve been streaming, includinghouse of dragon, and Rings of Power. But if you Subscriptions may find you spending $500 a year or more. The “Big Three” – , , HBO Max – cost $462 for their most popular plans when you add up what you’re paying monthly. You can refine yours household though.
Think of it this way: You have a number of active subscriptions, you watch until your favorite show finishes its seasonal run, and then you look for the next one. But is it worth keeping multiple accounts if you don’t see anything on them? I do not think so.
Check out this money-saving strategy and some useful tips on how to make it work best for you.
Rotate your streaming services
Ditching the cable forever and switching to streaming is a smart money-making business. Since you can sign up for monthly plans, it’s easy to jump on and off a streaming service when prices rise or content dries up. But according to Deloitte’s 2022 media trends report, the top reasons people are canceling their streaming subscriptions are cost and a lack of fresh content. Media companies call this behavior “churn”. We call this the rotation method.
The incentive? You save your coins and avoid content droughts. Let’s say a popular title like The White Lotus, Willow or Dancing with the Stars is to premiere in a service. Find the total number of episodes and wait until they are all available on one platform at the same time. You cancel HBO Max, Disney Plus, or another service and resubscribe once all episodes are available to catch up. Alternatively, you can start streaming a show mid-season to save on costs. My monthly guidecan help you keep up.
The disadvantage? You don’t have instant access to every show you want to watch and have to wait for the entire season to air. And with many streaming services releasing new episodes weekly, you might not be caught up at the same time as your friends. If you’re someone who prefers to watch episodes as soon as they drop, you may decide it’s worth having multiple subscriptions at once. However, if you are patient, you can save some money.
The strategy can also work if you ato watch a specific sport or major event like that . Cancel service after the season ends, or switch to a cheaper platform with fewer channels like Sling TV.
Tip #1: Cancel your subscription before it’s charged
Set calendar reminders for your billing cycle and upcoming TV show or movie release dates. Give yourself enough advance notice to start or end a subscription. Apps like e.ghelp you track when and where TV shows and movies appear on a streaming service. And JustWatch recently added a tracker specifically for sports.
Tip #2: Sign up for streaming service plans
SeekServices. For example, Hulu just rolled out a $2 Black Friday special. You can also take advantage of the Disney Bundle, which offers access to Disney Plus, Hulu, and ESPN Plus in a single package at a discounted price. And eligible Hulu subscribers can . Lastly, check with your wireless service provider to see which providers offer free streaming subscriptions.
Tip #3: Pick a standard streaming service or two
Subscribe to one or two must-have services for the year and choose just one or two other options that fit your monthly budget. Rotate bonus services according to what you want to watch and make sure you don’t miss your favorite shows while sticking to your monthly spending cap.
Tip #4: Only use monthly billing
Avoid annual subscriptions and be careful with your auto-renewal payment details. Your billing cycle can help you determine when is the best time to stop a service, even if you’ve only signed up for a free trial. The only benefit of signing up for an annual plan is that the price is drastically reduced, like Peacock recently didfor 12 months.
Tip #5: Don’t cancel your subscription, pause it
Hulu enables youfor up to 12 weeks, and Sling has a similar option with conditions. Check with your streaming provider if you can take a temporary break without canceling.
Give it a try and if you don’t like it, you can always subscribe again. For more excellent tips on how to stream TV, check out this guideand our tips for .
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