Cable TV can be a costly expense for many households, with the average cable bill in Canada reaching over $100 per month. However, with the rise of streaming platforms, it’s now easier than ever to cut the cord and save money on your entertainment costs. In this article, we’ll explore five streaming platforms that are a fraction of the cost of your cable bill, and provide suggestions on how to make the transition to a streaming-only lifestyle.
![person holding remote pointing at Netflix on TV](https://wealthycanadians.ca/wp-content/uploads/2023/02/11sgh7u6tmi-1.jpg)
1. Netflix
Netflix is one of the most popular streaming platforms in the world, and for good reason. With a vast library of original content, movies, and TV shows, it’s an excellent option for those looking to replace their cable TV subscription. The basic plan starts at $9.99/month, which is significantly cheaper than the average cable bill.
2. Amazon Prime Video
Amazon Prime Video is another popular streaming platform that offers a wide variety of content, including original programming and movies. With a subscription to Amazon Prime, you get access to the video library for no additional cost. If you don’t have Amazon Prime, you can subscribe to just Prime Video for $8.99/month.
3. Disney+
Disney+ is a newer streaming platform that’s quickly gaining popularity. It offers a wide variety of content, including Disney, Marvel, Star Wars, and National Geographic. The platform is a great option for families and costs $11.99/month.
4. Crave
Crave is a Canadian streaming platform that offers a wide variety of content, including movies, TV shows, and live sports. It’s a great option for those looking to replace their cable TV subscription and costs $9.99/month.
5. YouTube TV
YouTube TV is a streaming platform that offers live TV channels, including local news and sports. It’s a great option for those looking to replace their cable TV subscription and costs $64.99/month.
When cutting the cord, it’s important to consider the channels and programming that you’re currently watching on cable TV and to find the streaming platform that offers the most similar content. Once you’ve decided on a streaming platform, the next step is to cancel your cable TV subscription.
Additionally, it is important to consider other ways to save money on your entertainment costs. One way to do this is by using an antenna to pick up local channels like ABC, NBC, CBS, and Fox for free. This can be a great way to get local news and sports without having to pay for a cable subscription.
Another way to save money on your entertainment costs is by sharing streaming accounts with friends and family. Many streaming platforms allow you to create multiple profiles and share your account with others. This can be a great way to split the cost of a subscription and still have access to all the content you want.
Finally, it’s worth noting that streaming platforms are constantly updating and adding new content, so it may be worth experimenting with different options to find the perfect fit for you.
In conclusion, cutting the cable plan can be a great way to save money on your entertainment costs. With the rise of streaming platforms, it’s now easier than ever to find content that you love at a fraction of the cost of a cable bill. By considering the channels and programming you’re currently watching, finding the streaming platform that offers the most similar content, canceling your cable subscription, considering other ways to save money on entertainment costs and experimenting with different options, you can make the transition to a streaming-only lifestyle with ease.