Financial Ministry

Using cable TV to save money

Some of you might think that using cable TV to save money is not accurate. However, you need to understand that this means you are to take the money you are spending on your monthly cable TV bill and save it. Cable TV prices have risen 30% in the past five years.

How much do you spend a month on your cable TV? Let’s say that it’s $65 a month. This equates to $780 a year. If you saved that money and even if you didn’t earn interest, in five years you would have saved $3,900. In ten years, it would be $7,800. If you give up the cable TV, you would become a saver without having to do much of a change to your monthly spending. Think about this, would you rather have $780 at the end of the year or nothing?

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