2. Cable Television
I have been throwing a fit about the prices of cable television for over a year now, that’s why I have opted for streaming Netflix for close to nothing every month. While at the time, I didn’t know that this switch to streaming was a part of a larger movement of people leaving cable, it has become known as somewhat of a protest amongst major cable providers.
According to the Wall Street Journal, during the third quarter of 2012, providers lost an estimated 127,000 subscribers. While many argue that the streaming trend isn’t for everyone — i.e. live sports and current, popular television shows — it is on the rise and cable providers are starting to figure out a way to win back customers.
3. Flat-Screen TVs
While I’m sure my hubby is going to immediately make me regret writing this, the prices for flat screen TVs are dropping. It has become cheaper and easier for manufacturers to make large flat-screens which has had a significant impact on prices. Cited by the Wall Street Journal, chief executive of price-comparison for Decide.com Mike Fridgen stated that the average prices for 32-inch sets have dropped nearly 50 percent since 2010. That’s about $300 down from a $600 price point. Global demand for new televisions are dropping as consumers seem to be focusing their financial ambitions to more pertinent things, which means you will be able to buy a newer and bigger TV for half the cash.
4. Digital Media
I noticed the benefit of investing in digital media after my hubs got an iPad for Christmas. He is obsessed with Men’s Health magazine which is about $5 an issue. He bought an entire year on his iPad for only $12.99. It’s cheaper, environmentally friendly, and I don’t have to have half-naked muscle-freaks all over my coffee table.
Consumers will continue to see gaps between media such as books and e-readers, in large part because of the rise of cost in manufacturing, marketing and distribution.
Much like the gap between CDs and albums on iTunes, the same is going to remain and grow between books and magazines.
Well my budgeteers, that’s all I have for you this week. Like I said before, don’t forget to like me on my new Facebook page at www.facebook.com/BrittanyDenneyMcClure and please, please, please follow me on Twitter @VDT_Brittany. I appreciate the continued support. You guys rock!