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Added on the 07/09/2015 16:40:30 - Copyright : Wochit
In a bid to save their hard-earned money, millions of Americans have 'cut the cord' and switched to streaming services. But according to Business Insider, that might not be working out so well anymore. Hulu told its 36 million subscribers Monday that it's increasing the price for its live television bundle by $10 a month. Hulu + Live TV with ads will cost $64.99 per month--the same as YouTube TV. Hulu's service without ads will cost $70.99 a month starting December 18. The hike has generated backlash among customers, who expressed frustration that their decision to cut the cord was becoming more and more expensive.
Trying to cut the fat from the household budget is nothing new, and one strategy is to 'cut the cord' by getting rid of cable TV. But unless you can get your TV from a roof antenna, you'll have to have cheap, fast internet to stream your programs. According to TechNewsWorld.com, cutting the cable TV cord is a mixed bag for most people. You'll probably just lower your TV bill by streaming, rather than saving a ton of money. On the other hand, you can bounce from free trials to low-cost offerings to find the ideal solution. Most streaming services don't require contracts, so you can explore different options depending on your viewing habits and your family's needs.
The great digital shift is officially here. Americans are pulling the plug on cable TV and landline services. So far in 2016, almost a million customers cancelled these services as smartphones and tablets take over.
Especially in uncertain times like these, the dream of owning one's home free and clear is an enticing one. On the other hand, isn't saving for retirement, or college funds more important? According to Business Insider, if you have the opportunity to pay off your mortgage early, the deciding factor comes down to just one thing: interest rates. If the rate on your mortgage is higher than the rate you'd earn by investing cash in the stock market, pay down the debt first. But before you do that, run the numbers to see if refinancing your mortgage would make sense. If so, you can apply the freed-up cash towards your high-interest debt. Once that's cleared up, pay off the mortgage!