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Tuesday, February 12, 2013

I am not a nutcase - I'm not one of those extreme couponers nor am I one of those idiots who use paper towels more than once - washing them and drying them and washing them again and drying.  

I am a self-employed man over his 50's who has started to realize that I must run my life as if it were a business and to reduce fixed costs where possible and to mitigate variable costs all around me.

A few months ago I scaled back my cable television by removing all the movie channels.     Then after I didn't miss that one bit, I gave up all of my digital channels and reduced my life to just basic cable with one level above that.   

And a funny thing happened.    I watched less television and didn't miss anything that I didn't have.

And after several months of limited television offerings (and me adjusting to watching other stuff), I suddenly realized that I didn't need cable at all.

What has been eating at me up to that point was the fact that despite all my attempts to cut my cable budget, I was still paying $57 per month for television after taxes and fees and I didn't have any special equipment to view the programming and I had limited choices for channels!

My sister and and brother in law had considered doing this and we all were talking about this move this past weekend.   And the more I thought about it, the more I felt that I wasn't getting value for my money.  $57 per month is not much when you make $50-60k per year, but I'm not even half way there and I need to make every dollar count.   If I cut $57 from a monthly expense, that amounts to well over $600 per year in savings and that is one month's rent right there at my fingertips that I can have in reserve during slow times.

I did some research and found that I could get HD channels over the air with a $10 set of rabbit ears.  Since all television stations have to broadcast in HD, I was happy - local programming plus some surprises were at my fingertips for free.   So off I went to Walmart and bought this set of "ears".   I also needed to get a conversion box to take the HD to dumb down for my SDTV (my HD unit died and I'm not replacing it this year and will use my cable savings to buy a higher quality unit with more real estate viewing area!).    Overall I paid under $60 for the hardware and hooked it up, had the box search for the HD stations and suddenly I had 19 channels of local and some national programming in very good quality picture!    FOR FREE!

I found an online television program guide for free and have that on my laptop ready to review - plus the box I bought provides programming information on screen!   

With the quality better than I ever imagined, I went to bed last night with my next item to start the next day ... call the cable company and to cancel my cable tv.

As the sun rose and I sipped my coffee, I called Cox and notified them I no longer needed them.   Of course they wanted me to stay offering me special deals and needed to know why I was leaving.   I told them that I no longer wanted to pay for television.    Silence.   Then the lady dutifully proceeded to sever my relationship with them and I made sure I still had my cable internet which is extremely fast with lots of bandwidth for around $50 per month.

I'm looking into netflix and hulu and other streaming services to provide some "premium" content but I will do so on a budget and will weight the cost/benefit of the next move.    But I am now happy that I am putting $57 into savings instead of into some big company's purse!    And since I made my first move, I am now saving over $120 from what I had been paying per month for television - over $1400 per year in savings!

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