I have been helping people become cord cutters for about three years. From day one, I have heard a lot of talk about how cord cutting is not less expensive than cable TV. I could not disagree more because my family saves over $2,000 a year! Also, studies have shown that, on average, cord cutters save over $1,000 a year.
Often, when I talk with people who say they cannot save money by cord cutting I find they are subscribing to five or more services. For example, one person had a very high package of PlayStation Vue, CBS All Access, Netflix, Hulu, HBO Now and Amazon Prime.
This is a major mistake I often see people make. They try to make cord cutting look just like cable by focusing on the number of channels they get, rather than whether they are getting the shows they want. Cord cutting can be a great way to save money and still watch your content, but you need to look at it differently.
So, here are a few guidelines on how you can avoid the trap of trying to make cord cutting just like cable.