Cut the Cable

The cable companies are worried. They see the writing on the wall–products like Apple TV and Xbox 360 are blurring the lines between television and internet content. The studios are in on the game as well, releasing their popular shows to online video sites like Hulu.com. Add to this the availability of over-the-air HDTV, and you may end up asking : why pay for cable?

Try this thought experiment : write down your favorite TV shows. How many are network stations (and therefore available for free in HD)? How many are available at Hulu or Joost or iTunes?

Cut the cable cord

Chances are, your $60 monthly cable bill is significantly higher than the value you’re getting out of it. Do you really watch 30 shows a month (assuming $1.99 each from iTunes)? Unless you’re a sports junky who can’t live without ESPN or you’re watching TV for hours a day, you’re paying too much for cable!

That $720 a year would make a real nice addition to your Roth IRA. Is Project Runway really worth it?

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