How to save money on streaming subscription

We’ve compiled six different ways to save money on streaming service subscription.

The six best methods to save money on your streaming services subscriptions are;

Many streaming services usually entice their subscribers with too many exclusive (attractive) options. Meanwhile, as long as you keep paying for the options, so do costs keep adding up.

Nevertheless, we’ve come with easy ways to manage your finance on streaming platforms. So, whether you’re hooked on Netflix, a Disney+ devotee, or can’t go a day without Spotify, there are savvy ways to enjoy your favorite content without stretching your budget.

Best ways to save money on streaming subscriptions

1. Subscribe to cheaper plan

Considering cheaper subscription plan will eventually save you more money. Almost all streaming platforms have ranges of plans for streamers. The plans usually ranges from the lowest services which incur for cheaper cost and highest services which incurs for pricey cost.

Choose a Subscription Plan

Instead of you to opt-in for standard or premium subscription plan, you can literally opt-in to the basic plan which is the cheapest and sometimes can contain digital advertisement.

In essence, it’s important to compare your streaming service subscription plans with your actual usage, evaluate your needs, and consider downgrading to save money while still getting what you need.

2. Look for bundled deals

Bundled deals simply means purchasing or subscribing to service that comprises two or more services. So, bundling your streaming services with other subscription services is another option to cut costs.

Bundled Deals

Companies like Amazon gives customers access to Prime Video, Music Prime, Music Unlimited, Prime Gaming and Amazon Photos in one package. More so, Disney+ also offers bundles with Hulu and ESPN+. These bundled packages incur for lower prices compare to purchasing the services one by one.

3. Collaborate with Family Members

Another way to cut cost of streaming services is to join hands with other Family members to purchase a subscription. In fact, contributing money together can get you the highest subscription plan.

Imagine a Family of four decided to purchase the premium plan of Netflix which cost $22.99/month in the United States, they will need to contribute $5.75/month, spending less than basic price of $6.99 per person.

In essence, collaborating with families to purchase a streaming service subscription makes you spend less and enjoy better features like 4K Ultra HD streaming and the ability to watch on multiple devices, which is not available to basic plan.

4. Get discounts or promotions

Streaming service like HBO MAX runs special promotions and offers discounts to new users and long-unsubscribed users. In addition, the streaming service also provides free trial which is usable for the first month.

Discount and Promotion

As a new user or unsubscribed users, seeking out for discounts and promotions are better ways to cut cost of subscription services fees. Furthermore, you can also get discounts on your subscription if you have a coupon code.

5. Cancel all subscriptions you’re not using

Take for instance, you’re not a football fans and you opt-in to sport on premium plan. If the sport channels are not useful, you can easily opt-out of it.

Cancel Subscription Anytime

In many cases, you may not easily find out but all you need to do is time to review your streaming subscriptions and ask yourself when you last used each service. Doing that, you will know which one deserves to be cancelled.

6. Subscribe to Ad-supported plan

If you don’t mind watching some ads before streaming, in the middle of streaming and at the end of streaming before you proceed to next content, then you can subscribe to ad-supported services.

Ad-supported Subscription

Most streaming platforms offers ad-supported plan, usually their lowest price plan. Opting in to this subscription plan will eventually cut cost and save you more money on your streaming subscription services.

About the author

Temmy Samuel
Founded Mainwave Digital Media, Temmy Samuel is a financial advisor and journalist, blending financial expertise with storytelling skills to simplify complex financial topics for readers and clients alike. Learn More About Temmy Samuel

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