"Cutting the cord" has been a rapidly growing trend the last few years. More people than ever are getting rid of cable or satellite TV and turning to online streaming services.
With so many quality streaming services available, it's getting more difficult to justify paying hefty monthly cable bills. Services like Netflix, Hulu and Amazon even have original programming on top of everything else they offer.
When done right, cutting the cord is a less expensive alternative to cable that could save you hundreds of dollars a year. However, there is one critical mistake people make when cutting the cord that could end up costing you big time.
That's why we're going to tell you everything you need to know to help save money while cutting the cord.
(Psst! Don't forget to share this article with friends and family so they can keep more of their hard earned cash.)
Before we get into the don'ts of cord cutting, let's start with the must-do. If you decide to cut the cord, you must add an HD antenna to your system. This will allow you to pick up local channels, and many others, that enable you to watch live TV for free.
With an HD antenna, you can pick up over-the-air (OTA) broadcast channels such as ABC, CBS, FOX, NBC, CW, PBS, ION and many others. Many of the most popular television shows, along with sporting events and local news, are broadcast on OTA television in High Definition. FOR FREE!
But which HD antenna should you get? Here are a couple great options.
Outdoor HDTV Antenna with Multidirectional Range
The HDTV attic-outdoor antenna offers a completely new take on a traditionally mounted system. With its sleek, minimalistic design, the multi-directional antenna can bring high-quality programming to your TV without having to deal with a bulky, unsightly antenna that is difficult to install.
Reduce clutter, save money, and get high-quality HDTV with the amplified outdoor antenna.
This advanced system provides uncompressed HD broadcast to multiple televisions in a home with a range of 60 miles! You no longer have to settle for a large, bulky, or more expensive rooftop-mounted antenna.
Komando™ Indoor Amplified HD Antenna
The Komando™ Indoor Amplified HD Antenna is a razor-thin antenna that is easy to set up and brings you over-the-air broadcasts from major networks. No monthly fees, subscriptions or contracts!
You can continue to enjoy your favorite top-rated shows from prime time, along with news, sports, documentaries and, of course, cooking shows! Everything you need to get started is included in the box.
This is one of the best selling items in Kim's Shop. In fact, we only have a handful of open-box items left in stock. This is a great opportunity for you to pick one up at an incredibly reduced price! Click here to purchase our open-box Indoor HD Antenna for just $45.95.
We've also rounded up some additional indoor antenna options you can choose from. Click here to see our top picks in every style!
Don't make this cord cutting mistake
As we told you earlier, cutting the cord can save hundreds of dollars a year. According to "Fortune" magazine, the average cable bill rose to over $103 per month in 2016. That's a large chunk of change, over $1,200 annually, for simply watching TV.
Rising cable bills are a driving force behind cord cutting. However, before making the switch, you need to do one important thing. Add it all up.
The mistake many people are making is signing up for too many streaming services that end up costing more than their previous cable bill. Netflix, Hulu, Sling TV and other available streaming services charge a monthly fee. Too many subscriptions can rack up your monthly costs.
Take a look at the following chart to see monthly and yearly fees associated with some popular streaming services.
Amazon Prime Video
Sling TV (with add-on content)
CBS All Access
Showtime (add-on with Hulu or Amazon)
Starz (add-on with Amazon)
As you can see from the chart, adding all of these services to your system would cost nearly $105 per month and over $1,250 per year. Yikes! That completely defeats the purpose of cutting the cord to begin with.
That's why it's critical for you to compare services before cutting the cord. Find out which services you need to subscribe to that will give you the channels you want.
Don't worry, we've done some research for you. We've created a comparison chart showing which channels are offered on each service that offers live TV. Here's a small preview:
That's not all of the channels listed on the chart. Click here to see the complete list of streaming service channel lineups.
Once you know everything offered by each service, you can make an educated decision on whether cutting the cord is right for you. Leave a comment and let me know what you decide.
(Bonus: If you cut the cord, you might need to add a streaming media player to your system. We've researched those as well. Click here to see how streaming boxes and sticks compare.)