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A Trick for Spending Less on Streaming TV in 2023

HBO Max, Netflix, Hulu and all the other streamers are really eating into your budget.

This story is part of 12 Days of Tips, helping you make the most of your tech, home and health during the holiday season.

The new year is here, and 2023’s newest releases on Netflix, Disney Plus, Hulu and HBO Max are soon to follow. But if one of your New Year’s resolutions is to save money, you may be thinking about updating your budget. Crunching numbers for your streaming subscriptions could leave you with the realization you’re spending $500 per year or more. But this is one set of expenses you can easily tweak.

Here’s the scenario: You’re subscribed to multiple streaming services, you watch one or two of them until your favorite series ends its seasonal run, then look for the next thing. But is it worth keeping all those accounts active if you’re not watching anything on them? I don’t think so.

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Take a look at this money-saving strategy to help you tame your streaming costs.

Read more: Best Live TV Streaming Service for Cord Cutting in 2023

Rotate your streaming services

Dumping cable for good and switching to streaming is a crafty money move for cord-cutters. Because you’re able to sign up for monthly plans, it’s easy to jump into a streaming service and jump out when prices increase or content dries up. But according to Deloitte’s 2022 Media Trends report, the main reasons people cancel their streaming subscriptions are because of costs and lack of fresh content. Media companies call this behavior «churn.» We’re calling this the rotation method, and you should try it.

The incentive? You save your coins and avoid content droughts. Let’s say a popular title like The Last of Us or Willow is set to premiere on a service. Find the total episode count and wait until they’re all available at once on a platform. You cancel HBO Max, Disney Plus or other service and then, once all the episodes are available, resubscribe to catch up. Alternatively, you can start streaming a show midseason to cut costs. My monthly guide on which streaming services to cancel can help you keep up.

The downside? You won’t have immediate access to every show you want to watch and will have to wait until the full season airs. And since many streaming services release new episodes weekly, you might not be caught up at the same time as your friends. If you’re someone who prefers to watch episodes immediately when they drop, you may decide it’s worth it to have multiple subscriptions at a time. If you have patience, however, you can save some money.

The strategy can also work if you have a live TV streaming service to watch a particular sport or major event like the Super Bowl. Once the season wraps, cancel the service or move to a cheaper platform with fewer channels, like Sling TV.

Read more: Best Streaming Device for 2023: Picks From Roku, Google, Amazon and Apple

Tip No. 1: Cancel your subscription before getting charged

Set calendar reminders for your billing cycle and upcoming TV show or movie release dates. Give yourself enough warning to begin or end a subscription. Apps such as JustWatch, V Time and Hobi help you track when and where TV shows and movies appear on a streaming service. And JustWatch recently added a tracker specifically for sports. If you have a smart home device from Google or Amazon, you can set reminders for specific dates and allow a voice assistant like Alexa to notify you of an upcoming bill or streaming release date.

Tip No. 2: Sign up for streaming service deals

Look for discounts on streaming services. For example, Starz is now $3 per month for three months, a drop from its regular $9-a-month rate. You can also take advantage of the Disney Bundle, which provides access to Disney Plus, Hulu and ESPN Plus in a single package for a reduced price. And eligible Hulu subscribers can add on Disney Plus for $2. Lastly, be sure to check with your mobile carrier to see which ones offer free streaming subscriptions.

Read more: Best Streaming Service Deals From Verizon, AT&T and T-Mobile

Tip No. 3: Pick one or two default streaming services

Subscribe to one or two must-have services for the year, and select only one or two more options to fit your monthly budget. Rotate the bonus service(s) according to what you want to watch, ensuring you don’t miss your favorite shows while sticking to your monthly spending cap.

Tip No. 4: Use monthly billing only

Avoid annual subscriptions and pay attention to your auto-renewal payment dates. Your billing cycle can help determine when it’s the best time to quit a service, even if you’ve only signed up for a free trial. The only advantage to signing up for an annual plan is when the price is drastically cut down.

Tip No. 5: Don’t cancel your subscription, pause it

Hulu allows you to pause your subscription for up to 12 weeks, and Sling has a similar option with stipulations. Check with your streaming provider to see if you can take a temporary break without canceling.

Give it a shot, and if you don’t like it you can always resubscribe. For more excellent tips on streaming TV, check out this guide to Netflix’s hidden tricks and our tips on the best VPNs.

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Technologies

Honor’s Shimmering Magic V Flip 2 Has Arrived to Outshine Samsung’s Galaxy Flip

The flip foldable, releasing in China, includes a limited edition model co-designed by Jimmy Choo.

Honor has unveiled a new flip phone in China, and the company is billing it as, «the ultimate selfie device.» The Magic V Flip 2 includes an ultra-wide portrait mode, AI photography features and a playful, sparkly design.

The Magic V Flip 2 adds another device to Honor’s increasing lineup of foldable phones. So far, it’s only releasing the Magic V Flip 2 in China, starting on Aug. 28. It will sell for RMB 5,499 or about $766 USD.

The Magic V Flip2 appears to be geared toward influencers and fashionistas — a limited edition version of the new phone is co-designed by fashion icon Jimmy Choo and is, «inspired by the subtle shimmer of crystals.» It comes in deep sea blue and has a crushed stardust design, according to Honor’s press release.

Honor is also touting the phone’s 5,500mAh battery, which it says is the largest on the market for a flip phone. The also phone features a 200-megapixel main camera, a 50-megapixel ultra-wide camera and a 50 MP selfie camera. The Magic V Flip 2’s closest competition may be Samsung’s Galaxy Flip 7 FE, which is about $200 more expensive than the Magic V Flip 2.

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Technologies

Silksong, Long-Awaited Hollow Knight Spinoff, Gets Release Date: Sept. 4

Announced in 2019, Team Cherry’s follow-up is coming sooner than expected, and it’s on Game Pass on Day 1.

Hollow Knight: Silksong is the follow-up, announced back in 2019, to one of the most beloved indie games of the last decade. In a special announcement video on Thursday, Australian developer Team Cherry revealed that the wait is almost over. 

Silksong will be released on Sept. 4, according to the new trailer. The almost two-minute video reveals some of the new enemies and bosses in the upcoming spinoff and ends with the surprise release date. 

Originally, Silksong was going to be a DLC for Hollow Knight. However, numerous delays resulted in it being pushed back again and again. Glimpses of the game would show up here and there over the years, but it was this year that it received the most attention from Nintendo as part of its Switch 2 lineup, and from Microsoft, which confirmed it would be available on Xbox Game Pass. 

Hollow Knight: Silksong will be available on PC, Switch, Switch 2, Xbox One, Xbox Series X and Series S, PS4 and PS5. It will be available on Day 1 for Xbox Game Pass subscribers. 

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Technologies

PS5 Prices Go Up Today. Here’s How Much and Why

You can expect to pay more for a new PlayStation, thanks to «a challenging economic environment.»

Sony will increase the prices of its PlayStation 5 consoles in the US, starting today. This follows the trend of console manufacturers such as Microsoft and Nintendo raising prices for their hardware in response to tariffs. 

The PlayStation-maker posted about the price change Wednesday. The jump in price is $50 more than the current price for each model.

The new prices are:

«Similar to many global businesses, we continue to navigate a challenging economic environment,» Sony said in a post about the price increase. 

As of Thursday morning, retailers and Sony’s online store have yet to update the console prices. This jump in price also will likely affect recently released PS5 bundles such as the Astro Bot bundle and Fortnite Cobal bundle

Sony says accessories have not been affected by the change and this cost hike only affects the US. 

In May, Microsoft increased the price of the Xbox Series consoles and Nintendo hiked the original Switch console price and Switch 2 accessories this month.

While the companies didn’t point to the tariffs instituted by President Donald Trump as the reason for the hardware price jump, it would explain the trend in recent months. 

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