If you’re looking for a way to cut some expenses, consider dropping cable (which will probably save you between $50 and $100 per month) and picking up Netflix!
For years, I’ve seen and ignored numerous ads for Netflix. Then, a few weeks ago, my husband saw something about “Netflix Streaming” and it sounded interesting, so I decided to check it out online (I’m always a skeptic and have to read all of the “fine print” before I sign up for things). Basically, with Netflix Streaming, you can instantly watch TV episodes and movies on your TV via Netflix ready devices like game consoles (currently XBox 360 and Playstation 3, Wii is coming soon) and Blu Ray players. If you’re Netflix ready device is connected to the internet already, all you have to do is put in their instant streaming disc (they send it to you for free) and you’re ready to go! You can go online and place different TV shows and movies into your queue and watch whenever you’re ready!
They were offering a two week free trial, so we decided to check it out. To be honest, my intent was to cancel when the free trial was over, but we have enjoyed it so much that we’ve decided to keep it. Our service is only $8.99 per month (it’s $2 extra if you want Blu Rays instead of regular DVDs) which includes unlimited instant streaming and one DVD at a time (unlimited “rentals” per month). Even if you’re not ready to cut your cable yet, if you rent at least two DVDs a month, this plan would pay for itself. It’s been really great for us because I always have a hard time remembering to return DVDs on time, so even though I usually use a free code or coupon to rent DVDs, I end up paying late fees which is not a bargain!
Here are some more details about the plan if you’re not familiar with it:
*There are no due dates or late fees
*There are no per-movie rental fees
*Membership fees cover your shipping and handling
*You may cancel at any time!
To sweeten the deal, there are several places where you can earn incentives for signing up with Netflix!
*Ebates is currently offering $13 cash back (this will almost pay for two months of the plan!)
*My Points is currently offering 1,000 points for signing up!
If you do decide you’re ready to cut your cable, the March 2010 issue of All You Magazine has some tips for accessing free HDTV channels. All you need is a digital antenna (check out antennaweb.org). If your TV is analog, you will also need a converter box.
Do you have another Thrifty Thursday tip to share? Feel free to link up below!