I have been a cord cutter now for some time and have loved every minute of it. It raised the question of what my wife and I have done with all of our savings. (Something that I estimate north of $8,000 so far.)
The first thing we did was pay off a few small credit cards that had a few hundred dollars each on them. Boring but hey the interest on credit cards really ads up.
Next we did something really fun. Last week I brought my family to Disney World. Yup our 100% paid for Disney vacation was paid for by our savings after we became cord cutters. No amount of cable TV could ever add on to the joy and fun of seeing a 4 year old enjoy Disney world.
We got to do everything and loved it. The best part was it was paid for and we have no credit card debt, which is something I am not a huge fan of. (I am a huge Dave Ramsey fan.)
So what could you better spend your cable TV money on? According to The Wall Street Journal the average cord cutter saves over a $1,000 every year.
By spending some time becoming a cord cutter you can still enjoy your favorite TV shows and maybe see a football game in person or go to a Broadway show. Maybe you are like me and want to save up for something big.
By far the joy of family vacation to Disney World was worth every minute it took to become a cord cutter.
So how did you spend your cord cutting money? Is there something you are saving for? A trip or maybe something like a down payment on a house or car? Leave us a comment and let us know how you plan to spend your money.
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