Save Money Subscribing to TV Streaming Service: Stream hoppers save money

You can return at any time. Most services store your likes and dislikes and other data for more than six months. Some even offer you another free trial to come back.

The cover of Easy Money: 7 Steps to Blast Your Bills.

The cover of Easy Money: 7 Steps to Blast Your Bills.

If you cancel, you won’t be canceled immediately – if you’ve paid for a month, you’ll be canceled at the end of a month. So you can subscribe and unsubscribe right away if you’re worried about remembering it later. Sometimes they even “pay” you to come back!

I’ve dabbled with both Spotify and Apple Music in the past. We ended up going with a Spotify family subscription, but I think they both have their strengths.

While researching this, I took a closer look at Apple Music and noticed that they were offering me “one month free” to come back even though I had canceled in the past. So I took it for a month and decided to try both for a while and see which one I prefer. And yes – I was thinking of canceling one of these after the free month. I’ve also heard that Netflix offers people a second free trial if they haven’t completed their first one.

In our family of four, we came up with a simple rule to keep our streaming habit from getting out of hand. I call it the “pick a winner” rule. Each family member may select only one streaming service at a time. If we comply, we are signed up for four services at any one time and no more.

For example, one month my 10 year old could pick Stan* for All Blacks games, my 12 year old could pick Binge for him modern familymy wife and I could choose Apple TV+ Teddy Lasso and Kayo Sports for the footy. With the football season ending, I might quit Kayo Sports for now and sign up for Netflix animal kingdometc.

Here’s another way to decide which subscriptions to keep and which to disable:

• Draw a line down the middle of a page to create two columns. Name one of them “Angel Subs” and the other “Vampire Subs”. Put each of your subscriptions in one column or another.

• Angels are the subscriptions that save you money compared to what you would otherwise pay to rent TV, movies and music on an ad hoc basis. Vampire subscriptions are the ones that cost you money by taking it from your debit account without offering you any real value.

• Then drive a stake through the heart of all vampire subs (or at least the ones you can live without) and put them out. Don’t worry – you can come back anytime. has estimated the lifetime cost of streaming at $19,300 and found that canceling just one service can save you nearly $10,000 over time.

This is an edited excerpt from Easy Money: 7 Steps to Blast Your Bills by Joel Gibson, published by Simon & Schuster, MSRP $29.99.

*Stan is owned by Nine, the owner of this legal notice. Save Money Subscribing to TV Streaming Service: Stream hoppers save money

Brian Lowry

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