5 Tips for Saving Money on Streaming Service Subscriptions

There’s no denying that streaming services are constantly increasing as days pass by.

Unfortunately, FOMO, or fear of missing out, is definitely real, and once we see something trending on social media, we try to subscribe right away just to stay in the loop. But all those subscriptions can quickly add up and put a dent in your budget, especially with the constantly rising monthly fees. However, your wallet doesn’t have to suffer if you know how to properly save money on streaming service subscriptions.

Here, we’ll be sharing five simple yet proven tips for saving money on streaming services. Don’t worry — you won’t need to say goodbye to your favorite movies and TV shows! Let’s start.

Split the bill with your family or friends

One of the easiest ways to cut back on your streaming expenses is by sharing an account with your family or friends. Most streaming services allow simultaneous streams on multiple devices, which makes it great for sharing. However, you also have to consider if you’re really going to save money by splitting the account with others. For example, make sure the cost per person after splitting is less than getting your own subscription. Be upfront about who’s paying and when to avoid any awkward misunderstandings.

Prioritize what you want to watch

Take a moment to list down all the streaming platforms you’re subscribed to. Do you really need all of them? The easiest way to cut down on your streaming expenses would be to focus on the ones you use the most and cancel the ones you rarely open. Most streaming services are pay-as-you-go nowadays, so it should be easy to pause or cancel your subscription. There are also other live TV services like Flex TV that offer no-contract plans. This way, you won’t feel tied down to a long-term subscription. Prioritizing what you truly enjoy watching helps you make the most out of your entertainment without overspending.

Look for bundled services

Many providers now offer bundled services, usually a streaming subscription, a cell phone service, or an internet service. No matter what the bundle is, the bundled price is often more affordable than purchasing those services individually. Some service providers, like DIRECTV, offer streaming packages that come with a $100 Visa gift card. These kinds of deals are worth considering.

Rotate your subscriptions

Instead of subscribing to all services at once, why not rotate them instead? You won’t be able to maximize each platform, especially if you have more than three subscriptions that you pay every month. Focus on one platform per month then binge-watch everything you want to watch on that service, then move on to the next one. Once you get used to that cycle, you’ll be able to save a significant amount of money in the long run.

Check out free streaming services

If you’re seriously on a budget, don’t forget that there are existing free-tier plans offered by selected streaming providers. Most of these platforms offer both TV shows and movies, and some even offer live TV channels too. The only downside is that you might have to sit through a few ads, but in return, you don’t need to spend one penny to watch content.

Final Thoughts

You don’t have to break the bank just to watch your favorite TV shows and movies or miss out on trending content. With these money-saving tips, we hope you get to sort your streaming expenses and reduce them accordingly moving forward. The adjustment might be tough in the first few days, but once you successfully do these tips, you’ll see how much money you can save. Good luck!