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Streaming services have become a family favorite these days, allowing families to watch all the latest movies and TV for a fraction of the price of a Sky or Virgin Media subscription.
However, if you subscribe to a large number of different platforms, your bill can start to climb – five or six different services will set you back up to £30 per month.
And while there’s no universal subscription that gives you access to everything under the sun, Netflix, Amazon, and Disney all have their own original shows and movies, but when combined wisely, you can actually You can save money.
read more: All movies will be removed from Netflix next month in a major overhaul of the streaming service
The Mirror reports that money is a little tight right now, so NerdWallet’s financial expert Rhiannon Philips has revealed tips on how to get the most out of your money when it comes to digital content. Here’s what she has to say.
Get the most out of our services –
It’s no secret that many streaming services only offer access to movies and TV channels, but Amazon has features that are often untouched for subscribers to get the most out of their Prime service. . Rhiannon said:
“With Prime membership, you can read thousands of books, play new games, and receive in-game upgrades at no additional cost. You can also shop weekly at Grocery Locations Over £40, Same Day Delivery.
“So if you’re paying for a Prime subscription, it’s important that you get all services, not just one or two.”
Canceling your Apple Music or Spotify subscription and opting for the Prime Music service or taking advantage of free food delivery will add up in the long run.
Split your subscription and use the free trial –
This may not be perfectly feasible with all services, especially if you live alone.
For example, if you and your partner both pay for Netflix, you can always split the cost and share the account. “Spotify offers her Premium Duo plan for £13.99 per month, which is great for two of her in the same household. You’ll save about £72.”
Free trials and discounts are also a great way to access free or discounted content.
Rhiannon continues: In addition to being a fully paid member of Amazon Prime, she offers several exclusive student offers throughout the year. ”
Downgrade to annual –
If you can afford it, it’s usually significantly cheaper to pay via an annual subscription. Monthly payments obviously have less of an immediate impact on your wallet and finances, but they’re cheaper for the same period of time. Large chunks are usually slightly cheaper than lumping together monthly payments.
Rhiannon said:
If that puts too much strain on your finances, you can always downgrade your plan instead.
Rhiannon said: They are well worth the cost. ”
Consider if you need a specific service –
Overspending is something everyone is guilty of a little bit here and there, and streaming services are no exception. subscribed to the service.
You need to ask yourself, “Do I need all these services at the same time?” If the answer to that question is no, Netflix, Prime, Disney+, Paramount, and many other services won’t penalize you for canceling your monthly plan.
Rhiannon summarizes: “
Cancel what you don’t use –
Lastly, it goes without saying that if you’re not using it, you shouldn’t be paying for it. If you grabbed just the Paramount+ to watch Geordy Shore, just cancel when you’re done eating to your heart’s content.
Rhiannon concluded:
Read the following:
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