The way we get our entertainment these days has certainly shifted. Not too long ago, we relied solely on cable or satellite. Maybe we added a subscription service like HBO or Netflix. But during the pandemic, the market for new streaming services exploded, and we subscribed to one after the other. We could afford to, as well, because the rates were cheap, designed to hook viewers. Recently however, services began charging a lot more to pay for the rising costs of landing top-notch shows. Now, many of us subscribe to multiple streaming services that cost a fortune (much to the chagrin of many cable cutters who thought they were saving money). To add insult to injury, they cost even more if you want to watch them without ads! If that weren’t enough, there seems to be a new streaming service born every other day, requiring us to subscribe in order to see our favorite programs. How’d you like having to sign up for Peacock in order to watch the Michigan game last fall? Over time, we tend to forget which services we’ve signed up for. That’s why I recommend a digital subscription audit. Check your credit card statements. Go through your email and search for words like “subscription” and “renewal.” See how many you have and write them down. Better yet, put them in an Excel spreadsheet so you can easily add, delete, or modify your subscriptions. The total cost may surprise you. One couple I know listed out all of the digital subscriptions they we were paying for: Netflix, Amazon Prime Video, Disney+, Hulu, Acorn, and AppleTV+. The total cost reached nearly $70/month. And here’s the kicker: they were paying over $200 for internet and cable on top of it! If you would like help sorting through your digital subscriptions and finding the right combination for your internet and entertainment needs, please don’t hesitate to contact me.
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