If, for example, you subscribe to Netflix, Amazon Prime and Spotify, you could be looking at around £40 for the three - a lot more than just pennies. But add them up and you might get a shock. It's very easy to sign up to streaming service and then forget all about them, as individually, they are not a lot of money coming out of your bank account at different times throughout the month.
Saving money is thought to be the main driver behind cancelling streaming services, and it can pay to check your bank account to see just how many you - or your children - have signed up to, and how much you could save if you streamlined them. The streaming giant estimates more than 100 million households watch the service for free using shared passwords. The number of households ditching Netflix alone was 200,000, the service said, as it faced stiff competition from rivals. Read more: Work out the cheapest way to watch football at home this season This means that now may be a good time to re-evaluate what you pay for streaming services and see how you could save. And households looking to save cash are taking an axe to unwanted monthly spending.ĭisney+ raised its prices last year, and Netflix recently announced price rises for 2022, as well as trialling additional fees for those who want to share their account with someone outside of their household in some countries.
More than 1.5 million households in the UK have cancelled a streaming service since the start of the year, according to new figures announced this week.įrom groceries to petrol to energy bills, there are few living costs that haven’t gone up in price in recent months.
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