It never fails; whenever I get my budget to fall into place, something happens that throws it back into disorder. Six months ago, it was an increase in my student loan payment. A couple months after that, we discovered the three year car loan we thought we had finally paid off was really a four year car loan (oops) and we still had a year’s worth of payments remaining.
Last night, I had another such surprise. I received an e-mail from Netflix telling me that, in September, they would be separating their DVD business from their instant streaming business and, if I chose to keep both, I could expect my bill to increase by another $5 per month.
I won’t lie to you, I was angry. And, like hundreds of people posting on Facebook following the company’s announcement, I did consider cancelling my membership. But, less than 24 hours later, I have thought it through and, while I’m still a little upset I will be paying more each month. I’m finding I’m actually OK with it; mostly because, when I think about it, it’s still a great deal.
I currently subscribe to an unlimited plan that gives me up to 2 DVDs at a time. One DVD is for my wife and me and the other one is for our oldest daughter as a reward for helping me with yard work. In addition to that, my wife and I will watch, on average, one movie a week with the streaming service and both kids watch re-runs of their favorite shows like Dora the Explorer and Wizards of Waverly place on a daily basis.
Just to put this into perspective. I watch maybe 2-3 hours of TV per week via our Direct TV Subscription. I pay $90 for that (my contract isn’t up until next year) and really only have it so I can watch the Packers and newer episodes of a couple shows. Even after I switch to a new provider, I still expect to pay close to $50 each month.
The biggest chunk of the increase is the DVD portion, which will be around $12 per month. On average, we watch about 3 newer movies on DVD each month and two older DVDs (usually the movies my daughter gets). If I were to go to our local DVD rental store, I would be paying around $15. If I were to go to Red Box, I would pay $1 per night. That’s a savings if I can pick up the movie, watch it within a couple of days and return it. But, that rarely happens in our house. Not to mention, I would be limited to just a selection of newer releases. The larger selection I get from Netflix is worth paying a little extra for.
As far as I’m concerned, even with the increase, Netflix is still the best deal around. I don’t know if I will still be saying that if they choose to increase the service again by too much more. But, as of right now, I intend on staying a loyal Netflix subscriber.
In fact, if Netflix ever starts broadcasting live Packers’ games, I might end up getting rid of my TV service before I got rid of them.