Should I Keep My Monthly Subscriptions? Here's a simple formula

Assessing whether Netflix, Amazon Prime, or Peacock is financially worth it for you and your family depends on your viewing habits and budget. Here's a simple formula:

1. **Cost per Month**: Divide the monthly subscription fee by the number of hours you spend watching Netflix per month.

2. **Content Quality**: Evaluate the quality and quantity of content you watch compared to the subscription cost. Are you getting value for your money?

3. **Opportunity Cost**: Consider what else you could do with the money spent on Netflix. Would you spend it on other entertainment options or save it?

Ultimately, if the entertainment value you derive from these platforms exceeds its cost and aligns with your budget, then it's financially worth it for you.

For more money tips and articles on personal finance, visit us online and click “Financial Education” on our website: www.brendassmartstartinc.org

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