My wife and I are always looking at ways in which we can make our money work harder for us. One thing we both recently did is move away from our iPhones. When we both recently had to upgrade we chose phones that did everything we would want but at a fraction of the monthly cost, saving us a good £40 per month and £480 per year. That money would afford us a brilliant holiday, a home improvement or many other great things.
Now we have cut our ties with our iPhones we are starting to look at our TV and Internet packages. Our contracts are up in January with our current provider and we are determined to move away to lower our costs. We are currently with Sky because my wife and I are big sports fans, so we got it for the football and the F1 mainly. Since we have been with Sky however they have lost a lot of sporting rights and prices have continued to go up.
So the first thing we are looking at doing is getting our Internet and TV possibly through two different providers. Yes there are great deals out there to have them combined but the problem is you are then tied in to both services and if you start having problems with one you have to keep paying for both until your contract ends.
The other thing we are thinking of doing is purchasing a Freeview+ Box or a Youview box. Yes they are expensive but after that upfront cost everything you view is free and you are not tied in to a contract. These boxes also let you pause, rewind and record TV, these are the features my wife and I most love about Sky. Yes these options won’t have all the sport we want but they will have highlights, some games and some races. I remember growing up not having all the sports channels, I just think I got too used to having them as an adult but now I have realised that I am happy to go back to not having them.
An exciting development is that there are many more specialised streaming options out there at the moment with many media companies having their own subscription service like Netflix so you can buy smaller packages, which are more closely tied to your interests. For instance I am a subscriber to the WWE Network, which I watch a lot and I hear other big players are following suit soon like Disney. I would rather pay for 3 or 4 four small subscriptions to things I like rather than one subscription to 200 channels, most of which I have no interest in.
I think its time for us all to become more media savvy. To pay for what we want and not for what we don’t. Don’t just let your contracts roll on month after month, think about what you want and get out of them if you don’t want to be in them. If you want a better deal, make it happen. My advice if you re happy with the service you have but not the price is to ring the provider up and try negotiate a better deal. The market is more competitive than ever and companies want to keep your custom, use this to your advantage.