I have to admit that “cord cutting” is not part of our new budget for 2014 but it may be in the future. All that cord cutting boils down to is whether you want to pay for cable TV or not.
I’m a huge fan of watching movies but not as much as my wife who is a movie buff and has her fair share of DVD’s, VHS movies (boxes full and she still has the player) and the odd Blue Ray movies these days.
When she was younger she had basic cable and loved watching movies so she would buy them at the local Blockbuster or Rogers store as previously viewed for cheaper than buying a ticket to go to the movies. It wasn’t worth it to her besides she got to keep the movie and watch it as many times as she wanted.
Many people are doing away with the traditional TV packages from their communications providers simply because the pricing has become so unrealistic, they don’t watch much TV or streaming TV programs is more the way they want to roll. Throw in some free streaming and watching DVD’s and Blue Ray movies and most people can sit happily in front of the tube Monday to Sunday with a smile.
I learned about all of the different “cord cutting buzzwords” as they call them this morning while reading about Rogers moving more towards offering streaming for their customers similar to Netflix. If you are a “cord shaver” apparently that means just what it sound like, you are shaving a bit from your TV package to stream more from the internet which many people can honestly say they do.
Back around September I remember being in the Rogers store where you can sort out all your communications needs. I was bringing back our internet modem box which decided to stop working and while I was waiting, I was listening. The place was littered with students wanting to get their cell phones sorted out and their internet for the school year.
A couple of young ladies were talking to a rep fairly close to me and I’ll be honest I was jealous of the deals she was offering the students with their student plan for cable TV, internet and home phone. Yes please… over here… I’ll take that package but no such luck…. I’m not a student anymore.
That just means I have to continue to call them up every year as a preferred customer to ask for those promotional specials they offer to those who take a minute to call customer relations. Sure, it’s worth it, they want your business. They don’t want you to cut the cord, they want you to stay so they will haggle a decent deal with you.
What stuck out the most was when the girls spoke up and said that there were 5 people living in the house they were renting for University and none of them watch Cable TV they all stream off the internet. They wanted to make sure they had a stellar internet package because it wasn’t worth it for them to pay for cable, nor did they want a home phone. These types of customers are called the “cord nevers”, people who have no interest in Cable TV and would rather stream from the internet.
I was a cord never in University as well but I also didn’t have internet although I’m sure if technology was as explosive as it is today that might have been different for me.
I could understand the home phone because I think eventually they will become a thing of the past or many people simply will do away with owning a home phone as it’s hardly used. My best friend owns a home phone which he only needs for a few minutes per night for work related purposes otherwise he’s paying to own a home phone for nothing as he uses his cell phone exclusively. Pity he can’t get away with it otherwise but until he finds the new career he dreams of the home phone stays I guess.
I wasn’t shocked to read that Rogers communications is going to get in on the streaming aspect like NETFLIX because they’d be silly not to. The younger generation craves the streaming so why leave profits sitting on the table when it’s what the masses want.
It’s no different from Pizza Hut in the USA using the XBOX 360 to add an app for XBOX Live Gold Members to order pizza using the gaming system without even having to pick up the phone. This brilliant move scored Pizza Hut 1 million dollars in sales in 4 months, no surprise there. If people don’t have to move, they won’t. It’s all part of keeping the focus of the customer and practically handing them what they want on a silver platter… convenience.
Life is getting much more convenient for everyone with new technology provided you own such technology otherwise you are stuck with the tried and true traditional methods.
We have Rogers cable in our house and to be honest we don’t stream movies although we do watch plenty of You Tube on our SMART TV. Now that we upgraded our internet package back a couple of months ago we might as well make the best use of it rather than paying for something we’re not using. I’m not sure if we will be doing any cord cutting as part of our budget in the future but for now we will stick with cable and see where it takes us.
Do you have cable or do you find you stream more from the internet, use Netflix or watch DVD/Blue Ray movies?
Every day Food Bloggers from around the world pass by my other love the Free Recipe Depot Facebook page to share a daily recipe which I share with my fans.
This weeks Top Recipe comes from a blog called “Five Little Homesteaders” with a simple recipe for “Whole Wheat Pierogies” that you must check out.
Weekly CBB Posts
If you missed any CBB posts from the week here is the list of posts you can catch up on reading!
- Life Events: Preparing your baby budget
- CBB Net Worth Update December 2013 (+1.01%): Yearly outcome on target
- The Grocery Game Challenge Jan 6-12 #2: Does a product name entice you to buy?
- Budget Update December 2013: Our year in review
- Easy Crustless Quiche
Every week I share a few of the best personal finance blog posts that I read over the past week with all of you so please enjoy my top picks.
- Work from home or stay at home : How to balance the tasks– The Frugal Farmer
- 5 Dietary Changes that will make you rich– LBee and the Money Tree
- The Affair is Over- Dear Debt
- Under Employment: Big Issue or just Ego?- Fit is the New Poor
- The Unintended Benefit of Living on a Budget– Thrifty Dad
- What if your mortgage rate doubled?- Canadian Personal Finance Blog
Well, that’s a wrap for this Friday’s grab a brew #54 so happy budgeting and I’ll see you here again next week when I do it all over again.
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- PF Weekly Grab a brew #48: How to ask for help when it come to money success
- PF Weekly Grab a brew #49: Are all online reviews telling consumers the truth?
- PF Weekly Grab a brew #50: Should rich kids get off easy in the legal system?
- PF Weekly Grab a brew #51: Money my best friend and Boxing Day
- PF Weekly Grab a brew #52: Boxing Day Madness wasn’t so mad
- PF Weekly Grab a brew #53: Free excel budget template takes off for 2014