A trick to spend less on streaming TV in 2023

This story is part of it 12 Days of Advicehelping you get the most out of your technology, home and health this holiday season.

The new year is here and the newest releases of 2023 are starting Netflix, Disney Plus, Hulu and HBO Max they will follow soon. But if one of your New Year’s resolutions is to save money, you might be thinking about updating your budget. Crisp numbers for your streaming subscriptions it could leave you with the realization that you’re spending $500 a year or more. But this is a set of expenses that you can easily modify.

Here’s the scenario: You’ve subscribed to a lot streaming services, watch one or two of them until your favorite series ends, then look for the next one. But is it worth keeping all those accounts active if you don’t track anything on them? I do not think.

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Check out this money-saving strategy to help tame your streaming costs.

Read more: Best Live TV Streaming Service for Cord Cutting in 2023

Rotate your streaming services

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Ditching cable for good and going streaming is a shrewd money move cord cutters. Because you can sign up for monthly plans, it’s easy to switch to a streaming service and get out when the prices go up or the content dries up. However, according to Deloitte’s Media Trends 2022 report, the main reasons people are canceling their streaming subscriptions are because of cost and a lack of fresh content. Media companies call this behavior “rebuilding.” We call this the rotation method and you should try it.

Motivation; Save your coins and avoid content droughts. Let’s say a popular title like The Last of Us or Willow is about to premiere on a service. Find the total number of episodes and wait until all are available simultaneously on one platform. You can cancel HBO Max, Disney Plus, or another service, then once all the episodes are available, sign up again to catch up. Alternatively, you can start streaming a show mid-season to keep costs down. My monthly guide to which streaming services to cancel may help you to continue.

The disadvantage? You won’t have instant access to every show you want to watch, and you’ll have to wait until the full season airs. And since many streaming services release new episodes weekly, you might not catch them at the same time as your friends. If you’re someone who prefers to watch episodes as soon as they drop, you might decide that it’s worth it to have multiple subscriptions at once. If you are patient, however, you can save money.

The strategy can also work if you have a live tv streaming service to watch a particular sport or major event like the Super Bowl. Once the season is over, cancel the service or move to a cheaper platform with fewer channels, such as Sling TV.

Read more: Best streaming device for 2023: Picks from Roku, Google, Amazon and Apple

Pedro Pascal as Joel in The Last of Us looks down while standing outside

Why pay for three months of HBO Max to watch The Last of Us when you can watch all nine episodes in March for the price of one month?

Liane Hentscher/HBO

Tip #1: Cancel your subscription before you get charged

Set calendar reminders for your billing cycle and upcoming TV show or movie release dates. Give yourself enough notice to start or end a subscription. Apps like JustWatch, V Time and Hobi helps you track when and where TV shows and movies appear on a streaming service. And JustWatch recently added a sports-specific tracker. If you have a smart home device from Google or Amazon, you can set reminders for specific dates and let a voice assistant like Alexa notify you of an upcoming bill or streaming release date.

Tip #2: Sign up for streaming service offers

I’m looking streaming discounts Services. For example, Starz is now $3 a month for three months, down from its regular price of $9 a month. You can also take advantage of the Disney bundle, which provides access to Disney Plus, Hulu and ESPN Plus in a single package at a discounted price. And eligible Hulu subscribers can add on Disney Plus for $2. Finally, be sure to check with your carrier to see which ones offer free streaming subscriptions.

Read more: Best streaming service deals from Verizon, AT&T and T-Mobile

Tip #3: Choose one or two default streaming services

Sign up for one or two must-have services for the year and choose just one or two more options that fit your monthly budget. Switch between bonus services depending on what you want to watch, ensuring you don’t miss out on your favorite shows while staying within your monthly spending limit.

Tip #4: Only use monthly billing

Avoid annual subscriptions and pay attention to auto-renewal payment dates. Your billing cycle can help you determine when is the best time to terminate a service, even if you only signed up for a free trial. The only advantage to signing up for an annual plan is when the price drops drastically.

Tip #5: Don’t cancel your subscription, stop it

Hulu lets you do that termination of your subscription for up to 12 weeks, and Sling has a similar option with conditions. Contact your streaming provider to see if you can take a temporary break without cancellation.

Give it a shot and if you don’t like it, you can always sign up again. For more great tips on streaming TV, check out this guide The hidden tricks of Netflix and our tips for it best VPN.

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