Money and Finance
Cutting Bills
Our current cable bill was $156.22. My fiancee and I have been talking about getting rid of cable and adding Netflix to allow us to stream movies since we both enjoy watching movies together whenever I get a chance to be home. As of this past Monday we have reduced our cable service to basic cable with faster internet service to provide better streaming capabilities. Our bill for cable will be almost cut in half and will run us around $85 a month. With the Netflix subscription we will add another $10 to that bill bringing the total to about $95. This move alone will save us a total of around $730 a year.
We got rid of the cable mainly because I'm away from home for work and she doesn't watch enough tv to justify paying as much as we were. While it was nice to have and when I'm home I'll miss it since I won't be able to get my sports fix it feels good to save this extra money. I'll be looking into streaming possibilities for sports to see what options there are. When we first talked about this I was hoping we'd cut it out completely and can just increase the internet speed and getting 2 HD receiver antennas to get just the local channels. That didn't come to pass mainly because I'm not home enough to be able to fix any problems that arise since she doesn't like messing with electronics. This is at least a step in the right direction and can possibly be a baby step towards cutting it altogether. If that's the case we can cut our monthly bill from $156 to about $50 meaning over $1200 in savings each year.
I'm excited to get rid of the cable to save money but mainly because it will hopefully lead to us doing more things together and focusing on each other instead of just zoning out and watching tv.
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Directv And Wild Blue Satellite Internet
For several days I have been trying to schedule a satellite Internet installation. Satellite is the last resort for high speed Internet if you cannot get DSL, cable or fiber optic. If you can avoid satellite Internet, do so at ALL COSTS! Some of the downside...
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Links
Arlington Value Capital 2015 Annual Letter (LINK) John Malone: ‘Cable Cowboy’ Faces the Test in Rounding Up the Right Mix of Assets [H/T @Kevin_Holloway] (LINK) Related book: Cable Cowboy: John Malone and the Rise of the Modern Cable BusinessLatticework...
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Mavericks Lecture 2012: John Malone
This is from last year, but the previous posted reminded me of it, and it doesn't appear I had posted it before. Link ................... Related book: Cable Cowboy: John Malone and the Rise of the Modern Cable Business
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Income Update - March 2012
I've added a new line on my chart in "Your Money or Your Life" fashion. I'm calling it my FI for financial independence. The way I'll be calculating it is if I take my net worth less the value in my 401k and Rollover IRA since there's...
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Being Called Stingy
Hi Everyone, This is not a new idea, but one that resonates with me. There are quite a few posts within this community talking about being frugal vs. stingy so add this one to the list. Tonight, my wife and I went out for happy hour with...
Money and Finance