hey what's up it's michael welcome to my channel and believe it or not there are some people who
maybe should not cut the cord at least not right now let's begin this video with a comment that
i receive from time to time take a look and this comment is from someone who tried out youtube tv
and paid around 70 dollars but then dish offered them a deal that was around the same price
as youtube tv this person says they got all the channels they wanted dvr and no buffering on top
of that this person got a 300 gift card for signing up with dish so that brought down the
monthly price to around 60 a month that is less than the starting price for youtube tv
downside as you would expect a contract two years but the point this person is making
and i think it is an excellent one is that it shouldn't all be about cord cutting but instead
cost cutting one thing i say all the time is that cutting the cord can help you save money and also
give you greater flexibility those are the two main advantages but that doesn't necessarily work
out for everyone so i've got a list of exceptions that i just wrote down here and the final tip
it doesn't have to do with either price or flexibility something else you want to think about
let's get into it number one you are getting a better deal elsewhere as far as i'm concerned this
is the number one reason why you would not want to cut the cord if you are paying less than the
price of what you would get with live tv streaming or a mix of on-demand services that works for you
then maybe this is just not the time but you want to make sure that you are doing a fair
price comparison let's take youtube tv for example right on its website it shows that there are no
contracts long-term commitments or hidden fees but with cable you often get those hidden fees
as you can see the broadcast tv fee and the regional sports fee those are two of the most
common ones and they can significantly increase your monthly cable bill with streaming you don't
have those fees some of the best deals on cable and satellite service they come for people who
are moving those new customer sign up offers and you may have to sign a two-year contract i don't
know for sure but that comment that i showed it sounded like a new customer sign up offer because
it included that 300 gift card so if you're able to work out some sort of a special deal with cable
or satellite maybe it could be a savings over streaming or close enough that where you don't
feel like it's worth it to switch to streaming but keep in mind those prices do typically go up
after that promotional period number two you are locked in a contract so i'll just pick up
on the last point for this one let's say that you signed up for a two-year contract with a
cable or satellite provider just a couple months ago for you it is probably not going to make
sense to switch to streaming if after the fact you realize oh you could save money and the reason is
you may be facing early termination fees with your cable or satellite provider all of the different
cable and satellite providers have different terms and conditions some of them toward the end of your
contract they reduce the early termination fee depending on how much time you have left
and you may still save money by breaking your contract and paying whatever is left on that fee
but if the fee is 300 500 it may not make sense to switch to streaming at this moment
but keep in mind when that contract expires and your price goes up for cable or satellite
that is the time when you want to shop around for a live tv streaming service
or other streaming services and during the last couple months that you have your cable
or satellite service why not test out your options for streaming tv you can sample what is available
on the streaming market while you're still a cable or satellite subscriber to make sure that one of
the options out there is going to be a suitable replacement number three you can't get all of
your must-have channels live tv streaming services like youtube tv sling tv and hulu live they have
fewer channels compared to the big bundles you would get with a cable or satellite provider
but i still think that maybe 85 90 percent of people will find everything they want in
one of the bundles that's available with live tv streaming now the exception is usually sports fans
while the live tv streaming services have lots of sports networks a number of them are leaving
out regional sports networks at the time of this recording only at t tv offers the valley
regional sports networks so the key here is to do your research and find out if any of the live tv
streaming services have your must have channels and i've got a strategy that i talk through in
a separate video on how to do that it starts here with the sling tv service optimizer tool
with this tool you can just plug in your favorite channels the ones you've got to have and it will
suggest a bundle for you it'll also tell you if that channel is not offered with sling tv that
is just an indication that sling tv doesn't offer that channel but if other services like youtube tv
and hulu live also do not it could be a sign that maybe you need to stick with cable or satellite to
get whatever the channel is you're having trouble finding number four your internet connection is
not fast enough this is a problem mostly in rural areas because in cities and in suburban settings
you will see the major internet service providers offer about 300 megabits per second sometimes that
is as low as 50 to 75 dollars a month but in some places you're not getting anywhere near that speed
for most households i recommend download speeds a minimum of 50 to 100 megabits per second and that
way you can have multiple people in your household using their devices and you shouldn't encounter
any problems with buffering or error messages so if you live in one of those rural areas where you
don't really have great high-speed internet there is hope and i want you to check on two websites
one for t-mobile home internet and the other for verizon home internet these services are expanding
and they're focusing a lot on rural areas so you can plug in your address and find out if there is
high speed internet coming to you these services both use wireless networks and 5g connection
to deliver faster speeds and number five you are very satisfied with your cable or satellite
provider now i don't hear from a lot of people who love their cable or satellite providers but i know
there are some of you out there and if you are so happy with your service that you couldn't imagine
living without it then maybe you should just stick with it and instead of looking at a live tv
streaming service call up your cable or satellite provider and get a better deal on the service
that you love so here's how to do it call up your cable or satellite service provider and
ask for the retention department then present an offer from a competitor including some of these
live tv streaming services and ask them for a lower rate saying that you are happy with your
service but that you are thinking about streaming because of the cost savings and along with this
last tip if you're someone who is satisfied with cable or satellite and you watch tv all
the time it's your chief hobby i understand why you may not want to rush into cutting the cord
but just know that eventually you may have to cut the cord because the industry is
shifting to streaming and at some point the high price of cable and satellite it may just not make
sense compared to streaming especially as people decide to drop live tv streaming altogether and
instead have a collection of on-demand apps for a more affordable monthly tv bill and now for some
final thoughts if you are someone who is on the fence about cutting the cord just make sure that
you are not making the excuse not to cut the cord because you're scared to or are intimidated by the
process because it is really not that difficult i've been helping thousands of people cut the cord
since 2016 and on my website i've got a guide to help you cut the cord in just seven steps