How Dumping TV Allowed Me to Quit My Job, Create an Online Business and Fund My Retirement Account - SavingAdvice.com Blog - Saving Advice Articles
"Great spenders are bad lenders." - Benjamin Franklin
logo

How Dumping TV Allowed Me to Quit My Job, Create an Online Business and Fund My Retirement Account

By , July 17th, 2007 | 103 Comments »


When people ask me what was the best decision I made when I decided to create this website, they are often surprised when I tell them that it was my decision to quit watching TV. There is no doubt that TV costs people far more financially than they believe. For most people, TV is a habit that costs in excess of $1 million over a lifetime, or the equivalent of a healthy retirement account. For me, had I continued to watch TV over the past five years, in addition to the monetary aspects, it would have been the difference of working in a job I didn’t like and having my dream job working for myself for which there is no way to set a price.

I made a conscious choice about five years ago to drastically reduce the amount of TV I watch. The average person now watches 4.5 hours of TV a day. While my watching habits weren’t quite that bad, I did find out I was watching about three hours a day, far more than I thought at the time. I made the conscious decision to take those three hours and devote them to creating a website with a friend of mine. Over the first three years I used the time I had been watching TV to help create and build our websites while still working full time in another job.

It’s amazing the amount you can accomplish when you find an extra 3,285 hours to work on something you enjoy doing rather than vegging in front of the TV. Those hours helped us create a small network of websites and blogs which allowed both of us to quit our jobs and work on them full time a couple of years ago.

If you want to know why you don’t have enough money, the first question to ask yourself is how much time do you spend watching TV? It’s probably a lot more than you ever realised. While most people focus on the cost of cable when they think of the price of watching TV, I would argue that a far more costly aspect is the opportunity cost — the things you could be doing during the time that you’re actually watching TV.

To put it into perspective, if you watch an average of 31.5 hours of TV each week (which the average person in the US does) and you value your time at minimum wage of $5.85 an hour, you are spending nearly $800 a month ($798.53) to watch TV. That comes to nearly $10,000 ($9582.30) a year. I would imagine that most people reading this value their time well above minimum wage, so the cost is likely several times that number. When you look at it from that perspective, watching TV is an extremely expensive and financial draining habit to have.

I’m not arguing that everyone should give up TV completely and I even watch a bit of TV on occasion. What I am arguing is that you should greatly reduce the amount you watch so that you only watch programs that you believe are worth more than other things you could be doing during that time.

This is the way that I set up my system to bring my TV watching down from 3 hours a day to less than 3 hours a week:

Decide on an hour allowance

Decide on a weekly hour allowance that each family member has to watch TV at no cost. If you watch a lot of TV as I did in the beginning, you might want to reduce the amount just a bit to began and then reevaluate and reduce more as time goes on. For example, set the amount at 20 hours per week for the first month, reduce it to 15 hours a week the next month and so on. This will force you to pick the shows that you really want to watch versus simply sitting in front of the TV because it’s easier than doing something else.

Decide on any exempt shows

There may be few shows that you feel are educational and want to encourage yourself and your other family members to watch. You can designate these shows as exempt and they will not count toward the weekly free hours you have. These should be shows that the entire family wants to watch together and not shows that only one or two individuals want to watch.

Decide what your time is worth

Take some time to calculate how much you your time is worth. Whatever you decide your hourly rate is worth, that is how much you must pay to watch each hour of TV over your allotted weekly free hours with the money going toward your savings.

This can be an excellent financial lesson for kids to determine their hourly worth as friends of mine with kids who adopted this strategy found out. If the kids set their worth too low in an attempt to watch TV on the cheap, you can hire them to do projects around the house for that same. low rate. On the other hand, if they demand too much money to do jobs that you want them to do, they won’t be able to afford to watch any additional TV over their allotted hours.

Create a list of alternative activities

What you’ll likely find is that many times the reason that you were flopping in front of the TV was because you hadn’t thought through other things that you needed to do. If you take the time to create a list of the things that need to be done around the house, you’ll find that much more of your time is occupied while at home and you won’t find yourself drifting toward the TV as much.

Start new projects

Begin a new project or side business to fill up the extra time. If you start doing something that you truly enjoy, you will find that you will want to spend your time doing that instead of watching TV. These activities may end up producing enough money to let you do them full time as was the case with me.

By doing these five steps you will find that weaning yourself from the TV will be much easier than you ever thought. You’ll also find that when you aren’t spending so much time in front of the TV, your productivity will skyrocket and many of the financial problems that you have been having will begin to resolve themselves. In the scheme of things, what would you rather have — a nice fat retirement account, or the faded memory of watching some TV sitcom?

Like Saving Advice? Subscribe!

White-blue-large-logo

Subscribe to get the latest Saving Advice content via email.

Powered by ConvertKit
What did you think about this article?
1 Star2 Stars3 Stars4 Stars5 Stars (6 votes, average: 5.00 out of 5)
Loading...

Comments

  • david says:

    (this note is written with tongue in cheek) 🙂

    Your article was interesting and enlightening. However, if a person chose to not subscribe to cable TV they may then need to visit the local gin mill in order to view the Super Bowl, World Series, etc.

    This visitation could conceivably lead to heavy drinking which could lead to a DWI (DUI) arrest which could cost tens of thousands of dollars in lawyers fees, increased insurance premiums, lost work, etc. which would vastly outweigh any savings realized by not subscribing to cable TV.

    Don’t get me wrong, I am surely no advocate of cable companies, but not subscribing to cable TV is probably just not realistic. Now, if you wrote an article on saving $5.00 per day by not smoking over the next 30 years – that would be a realistic article and might even be enough impetus to get a reader, or two, to quit smoking. By the way, a pack a day is 3 times more expensive than standard cable TV so the rewards would be immeasurably greater, especially when you take into consideration improved health, increased quality of life and reduced medical costs.

  • ben says:

    I have a love / hate relationship with my TV. I can’t seem to give it up, but I know I spend way too much time watching it. Maybe this will motivate me to cut down on the time I watch it, but I doubt it.

  • kevin says:

    Great post. I gave up TV about a year ago and it’s amazing how much more free time you have. All those things that I thought I never had the time to do, I really did. I was just spending them in front of the TV instead of doing what I wanted.

    It’s not easy to break the habit, but you will thank yourself for doing it and be amazed at the amount of time you have each day.

  • Dr. D says:

    In my household, we decided to rent a DVR from the cable company. Now, when we do feel like watching, we have our recorded shows to choose from. We watch what we want, when we want. And when bypassing the commercials, an hour long show is reduced to 45 minutes. It was a wise choice for us.

  • Andrew says:

    This article is a bit misrepresentative. You don’t “save” millions by not watching TV. You’re talking about opportunity costs. It assuems that if youweren’t watching TV, you’d be doing some sort of activity that generates income.

    Well, shucks, if I quit watching TV, I could spend up to 4.5 hours more per day working! Hey, lets apply this reasoning elsewhere. How much does spending time with the kids cost me over my life? How much does sleeping cost?

    We already work 8 hours a day, and you want to add more? People need to relax. Now if they choose to do it in front of the TV, that’s just as valid as if they chose to do it by making a website, or whatever. I’d speculate that most people watch tv rather than other activities do so because they come home from work physically or mentally exhausted, incapable of doing more than being passively entertained.

    Don’t get me wrong, I’m all for quitting TV. I haven’t had broadcast TV since my son was born. (I don’t want him to see commercials, you see.)But putting it in terms of regaining “lost” economic potential is to assume that the point of living is to produce, and it implies that any activity that doesn’t generate you an income is valueless.

  • pfadvice says:

    Andrew,

    I’m assuming that you failed to follow the first link to an article I wrote where I show that you can save well over $1 million over your lifetime by not watching TV without generating any additional income in the hours you don’t watch.

    I totally agree that there are more important issues than generating income. When I started this website, it wasn’t generating anything for the first 2 years or so, but I did it because it was enjoyable, fun and interesting and it was fortunate that over time it did begin to generate some money.

  • fern says:

    Insightful article (even if not everyone is interested in making every spare moment generate income).

    TV helps me unwind at the end of the day, but i admit i watch more than i should. I rely on it much more in the winter months than summer.

  • geof says:

    Has “being online” taken over for watching the television? It seems that the more we justify change, the more out of balance our lives become. Just my $.02

  • Amy F. says:

    Thanks for this article. I used to be a non-TV watcher, but it has crept into my life more and more over the last few years and it is definitely a big time sucker. I’ve noticed that my evenings feel a lot shorter when I watch TV versus when I leave it off all night (but that rarely happens anymore).

    There are many things that I theoretically want to do with my free time when I get home each night(learn foreign languages, learn new job skills, read, write etc.) but I find that I am exhausted after getting home from my full time job and long commute, as other readers have mentioned. I don’t seem to have the energy left to do any of the things that are really important to me, and I end up watching TV. (Working full time and commuting are conscious choices I made, of course, and I accept that there are consequences to spending 60 hours a week away from home, mainly being tired.)

    Also, if you live with people who aren’t bothered by watching TV in every moment of their free time, it’s hard to avoid TV if you want to spend time with those people without going out.

    For me and others in my situation, I find that a realistic way to reduce my TV consumption so that I can do the other stuff that is important to me is to watch less on the weekends, when I actually have the energy to do other things, and the people in my home who like to watch TV all the time are sometimes out doing other things.

  • fern says:

    When i first bought my house, i went without TV cus i felt i couldnt even afford the $15/monthly for basic cable. I missed it, cus i heard other people talking about the Seinfeld final episodes, tho of course even with basic i missed being able to see the Sopranos.

    Living alone, I especially like having the small TV in my kitchen on when i’m preparing and eating dinner to watch the news.

    Otherwise, it’s on from about 8 to 10:30 p.m. summers, maybe an extra hour int he winter when it gets dark earlier.

    It’s hard to break the habit and i don’t always feel like reading.

  • Wanderings says:

    I need to follow this advice ~ I like the idea of actually taking the time of writing down the opportunities that are possible when you stop watching TV. I recently got rid of most cable tv (only have what’s still included with cable internet) and that’s helped ~ except I find that I am watching more shows that are just bad. Turn it off!

  • Teri says:

    This is why I REALLY enjoy having a DVR. It has significantly cut down my tv time while being able to increase the quality of what I watch. Doesn’t take much time and effort and schedule aranging to watch my favorite shows.

    As for me if I didn’t watch TV I’d have NO down time and I find it rather cheap & enjoyable entertainment. Don’t really spend a ton of time on it. But my spouse is a huge TV/movie person. I can hardly stand to sit and watch through a movie because I find it so time-consuming. But I do notice a lot of time I used to spend doing other things now goes to TV. Certainly good points.

  • John says:

    The Street.com picked up your story – but how can i make $1 million if I can’t watch Cramer’s Mad Money every night?!

  • Angela says:

    I have often thought about ditching the t.v. In our home it consumes too much of our time and attention. This article gives me more incentive to scale down.

  • rich guy says:

    Your article is full of HALF truths and OMISSIONS. Watching TV allows some people to recharge, relieve stress and be more productive in their work.

    We are well off (several million) but still watch the “free” channels and occasional DVD. No need for cable, satellite, etc. Entertainment center also serves to hold the stereo along with home videos.

    TV is not evil, like most things, it is good when used in moderation.

  • Ross says:

    I cut TV down from 10-15 hours a week (including video games – damn GTA) to about 2 hours a week. The free time is great and really allows me to focus on developing my blog as well as having a life outside of the living room!!

    I’m still a die-hard HBO Original Series fan (almost everything!) so HBO On Demand is what usually fills up those two hours.

  • Mitch Altman says:

    Thanks for the thoughtful article.

    I think the main point is that TV takes time to watch. If you could do anything at all in the whole world right now with the next 30 minutes of your life, would it be an enthusiastic: Watch TV! If not, then is there something else that you would rather do? Why not do that? If you don’t know what you what you want to do, then if you watch less TV you would have time to explore what it is you really enjoy doing. There is nothing wrong with watching TV, but there may be something you enjoy more.

    Myself, I stopped watching TV, and stopped doing lots of things in my life that I didn’t enjoy that much. That enabled me to explore what it might be that I really love to do. As it happens, there are many more things that I love to do than there is time to do it all (no matter how long I live). So, now the biggest challenge of life is choosing which of the things I love to do. Making those choices are much more rewarding for me than choosing what show to watch on TV.

    One of the things I love to do is invent. And by not watching TV I have many more hours per day to invent, and as a result, 3 years ago I invented TV-B-Gone, a device that turns off TVs in public places. It really works, but my main thought with this device was to give people an opportunity to think about TV and its effects on their lives. As a result of TV-B-Gone’s popularity, it makes me enough money to live the life I want to live, working on what I love. I feel very fortunate.

    I couldn’t have done this if I had spent my time watching TV.

    Not all that long ago TVs were just ON, without much thought, and with almost no debate. I’m glad to see that some folks are debating the merits and demerits of TV (or at least thinking about it).

    We all have to make choices about what we do with the time in our lives. Please make those choices well.

  • pfadvice says:

    rich guy says: Your article is full of HALF truths and OMISSIONS.

    Not sure if you are referring to this blog or my article on TheStreet. This blog post is personal experience, so I’m not sure how it can be full of “half truths and omissions.” TheStreet article simply shows that watching TV can have a huge impact on your finances.

    Nowhere did I say TV was evil or that people shouldn’t watch it (in fact, I state that I still do watch it on occasion). These articles were simply to get people thinking about how much TV they watch and if they could be spending their time in better ways.

  • quattrogrip says:

    My family is one in the tiny fraction of TV-less households. Your article was interesting not in its validation of our choice (but thanks anyways), but in the additional financial benefits that I had not considered. So, I thought some more about the secondary financial effects of being TV-free, for the consideration of anyone considering the move.

    1. You will have a newspaper subscription (or two or three) — subtract this expense from your expected windfall. By the way, NYT and WSJ are as expensive as cable!!

    2. You read more books too. Another expense, but shop wisely for used books and use the library. Subtract from your savings again.

    3. Your kids will read and speak earlier (what else do they have to do??). Leverage that academic head start and they may qualify for scholarships when they reach college age. Ka-ching!!

  • Gemariah says:

    This is a great article. I have few friends that watch tv, otherwise I’d email it to all of them. My time in front of the tv is going down all the time.

    Thankfully I’m not average. Commercials don’t influence me to buy. I spend it on my part time video production business. My basic cable is under $10.00 and no games or pay per view.

    This should be mandatory reading for anyone over the age of 14. Mandatory every few weeks until practise and use are one.

    Thanks for putting laziness in terms most can relate to.

  • Matt says:

    Great article! I’ve been thinking lately about all the time that we (my wife and I) spend in front of the TV – I never think it’s all that much but over the course of a month I think you’re dead on the money – it’s more than I would like to admit.

    As I was reading your article the idea of the PVR popped up – if there are a bunch of shows that you do like to watch, get a PVR and record them. That way you can cut through commercials which are about 25% of programming. That little bit alone can get you about 8 hours a week (a full work day)

  • k9kare says:

    thanx for the TV info — we don’t watch tv—we don’t smoke, we don’t spend other than our bills, rent (want to rent, only 475. very nice, likes pets) utilities, food and car payment and we still don’t have any money. Why? very conservitave spenders, if we spend…..no credit cards either.

    Why are we still broke? Make $30k ish a year.

  • Carol says:

    If I lived alone the TV would be turned on about 8:00 pm until 11:ish to watch the news and Jay Leno, but I live with my husband and adult son. They love to watch Fox News and other shows like that. I watch CSI and crochet most of the times the tv is on but I agree people spend too much time on tv, blogs, and games. BTW, with our frugal ways (which included cable) my husband was able to retire at 55 but I am still working because of the cost of insurance.

  • Simone says:

    I agree with you that if you don’t watch TV you don’t spend the money on Cable. The same applies to quit smoking, or not spending 100$ per weekend in drinks at bars. But saying that you would save millions of dollars because you could spend the average 4.5h a day working on your own business is not true.
    Usually people watch TV at night, in the evenings. They cannot work 8h x day, go back home, do houseworks, cook, stay with the kids and then work other 4.5h.
    Why not sleeping only 4h instead of 8h? You could have spend these 4h more per day building a new business.

  • pfadvice says:

    I agree with you that if you don’t watch TV you don’t spend the money on Cable. The same applies to quit smoking, or not spending 100$ per weekend in drinks at bars. But saying that you would save millions of dollars because you could spend the average 4.5h a day working on your own business is not true.

    I never said that you had to spend the time building a business to earn $1 million – please read the article linked in the post as that will explain. I merely said that was what I decided to do with my time.

    Usually people watch TV at night, in the evenings. They cannot work 8h x day, go back home, do houseworks, cook, stay with the kids and then work other 4.5h.

    Why not? They are watching TV for 4.5 hours. They can choose to do something else during that time.

    I’m not advocating that everyone should work another 4.5 hours a day. I chose to do so because I found something that I truly enjoyed doing, but I don’t expect everyone to do it. But that 4.5 hours (at least a part of it)can probably be used more constructively than sitting in front of the TV and there are plenty of other ways to relax other than watching TV.

    And as I have stated, I still do watch TV from time to time, but have found that while I once thought that I had to have my TV, I have found that I usually have a lot of other things I can do that I enjoy more, am more productive when doing them, and still feel just as relaxed.

    Why not sleeping only 4h instead of 8h? You could have spend these 4h more per day building a new business

    I would consider 4.5 hours of watching TV discretionary time while I would not consider it true of sleeping. Just my opinion…

  • Rich says:

    I try to minimise my use of TV. Have given it up entirely sometimes, other times taped shows and watched them at convenient times without the advertisements.
    Currently I’m watching 8 hours a week, but am always doing something while I watch- ironing, working out, sorting clothes etc.
    I have become quite time efficient and now I have had to look for further time savings by doing two things at once wherever possible.
    For example my podiatrist prescribed arch-strengthening exercises that I can do while seated at my desk at work (or on the toilet!)

  • David says:

    It’s all about the opportunity costs.

  • Pietro says:

    I don’t have television. When I moved out of my mother house I did not buy a television, and from that moment I now nearly never watch television.

    Some time ago, in Italy, where I come from, I met a person, who is now a good friend of mine. When I told him I was going to go to Jena (Germany) for work, he described me for hours the Jena industries and the importance it had in the world war. I thought I randomly found his zone of expertise. I was wrong, he was that knowlegeble about most subjects. It was weird. Eventually I asked him, how do you know all those things? His answer was: I don’t look at television. I read instead. It came out that he grew up in a house where everybody was looking at tv for many hours a day, and as a reaction he stopped very soon, and now he is practically a living encyclopedia.

    What I find instead missing in your post is:
    a) when people look at television they go into alpha waves. And they relax. Sure they can do other things in those hours, but not all make them relax. So although they have more time, it is somehow bounded to do relaxing things.
    b) Right now television is going down… but internet is going up. I find myself not watching any television, which I still don’t have. But I find myself passing hours in fron of internet. Which can at times an enriching experience. But not necessarily, and not always.
    So while is is fairly easy to cut television it is harder to cut on internet because we need internet for work and for many activities. And then it becomes easy to kid yourself.
    For example I now passed some 40 minutes reading your article, and the comments.
    Was it worth my time?
    And then I spent some time to write a thoughtful comment.
    Was it worth my time?
    Was it worth yours to read it?

  • liner says:

    Your article cracked me up! I’ve lived my entire life without TV – I’m not sure I could afford to have one. Really, I just don’t know what life is like WITH one.

    A friend of mine who is more concerned about me living without TV than I am, forwarded your article to me.

    I enjoyed the different aspects of life that you covered – I have not seen any articles that actually cover the costs of the TV stand, games, etc added into the equation.

    I am in the process of closing a business venture that was not profitable … that section of the article made me laugh out loud. I’m currently looking at a few new ventures in life… TV not being one of them.

  • Nancy says:

    When I divorced 9 years ago, I cut expenses by turning off my cable. At the time, my children were 6 and 4 years old. I recovered financially, but found that we just simply didn’t need cable TV, nor did we really have time for it.

    My children had their fair share of video games and Veggie Tales videos to watch, but they found themselves immersed in other activities – music, sports, playing endlessly in the yard with the neighbors (who joined with me and turned off their cable), and, of course, their favorite past-time of pestering one another into frenzies. 🙂

    Eventually I got a pair of rabbit ears that picked up the 3 local channels – enough to get the local news and a few football games. Unfortunately, free programming is the pits, so we watch very few shows even at their current ages of 14 and 16. This was a sacrifice in that I am an Alabama graduate. To give up the ability to watch the Crimson Tide play was almost unbearable. But trips to Tuscaloosa turned out to be a lot more fun than sitting in front of the tube anyway.

    One more thing, you missed the most important gain from turning off the tube – incredible relationships with your children! We don’t have a million dollars in the bank, but we do have millions of memories from all we have done together as a family. There is no greater asset than teenager children who love and respect their parents, who enjoy their friends and enjoy life.
    They are far from perfect, but without a tube in front of their faces, they are incredibly fun! God blessed my poor financial situation years ago and gave me riches beyond what I could have ever imagined! Have a wonderful day.

  • Richard says:

    We have a TiVo. I initially feared it would result in more TV watching in the household. What I find is the opposite. I TiVo any show in which I’m interested.

    When I do watch a show, I fast-forward the commercials – so an hour show takes about 41 minutes and a 1/2 hour show about 19 minutes.

    The larger time savings come when I find the “stress” of the, “Oh no, I’m going to miss my favorite show!” worry has gone away. I know I’ve got it all recorded, so I can watch when I want.

    I go about doing the things I need or want to do (especially family time) and watch the shows when I can get to them. I find that AT LEAST 1/2 of the time I don’t watch, lose interest, and just delete the show.

    It’s a nearly painless way to ween yourself off the boob tube!

  • Great post.

    Another suggestion: Give it up for a week. Promise yourself not to watch for and write down all the things you were able to do during the week. Once you see how your time might be spent, you will be motivated to scale back your watching time.

  • JS says:

    I would love to watch some tv. However, I have a job and a 2 year old. How most people even find time to watch tv is beyond me.

  • dela says:

    I watch 1 to 2 hours per week tops. It’s not that I hate it, it’s that it’s so powerful, when it’s on in a room it totally absorbs my attention. Kinda funny how you can care more about the outcome of the stories of someone’s fictitious life than you do about your own… storytelling can be that powerful. Yet, I don’t feel guilty about it when I am obsessed with a novel… somehow if you’re reading it’s not a waste of time.

    “Television is disgrace
    Life you get old, it’s the race,
    Can you break out,
    Can you break out,
    Will you live at your own pace?”

    – System of a Down

  • brad says:

    Also remember that when you watch TV, you watch a lot of commercials, which make you spend more money.

  • Henrik says:

    Sperb article, thanks. Very similar (in quality) to those of Steve Pavlina.

  • Sam says:

    For the people that say that watching TV is just something to do because you are tired, I understand. Of coure work drains us all, so I know what you mean. You don’t have to go out and make money after work ends (heck no, FREE time is supposed to be there to rest after a hard days work and life is not all work). I only agree to this article to the point that so many people wish they had time for other things like spending time with friends and family, reading, watching sunsets, going to the beach, doing some hobby they love ect. yet they don’t get around to it because they are tired. If you come home and do the hobbies, it would be just as refreshing as watching TV so watching TV is really no excuse. Chatting with a friend doesn’t take that much energy and gives so much more.

    Oh, as an aside, I’ve heard that taking a mid-day nap and reguarly exercising as well as doing nothing for the first hour or so after returning from work makes a person feel less tired after work and have enough energy to do things.

  • Leo says:

    TV is the best invention after the wheel, and BTW I work while watching

  • Nelson says:

    What is TV?

  • Ray says:

    In life you are either costing your self money or making it. Get away from the TV, it’s costing you money!!

  • John Hendrix says:

    I watch very little TV. Recently I might watch 1 hour a week. My reason is that so much of what is offered as “entertainment” is just packaged stupidity.

    For the last several months I have been getting home late enough such that I miss Brit Hume’s “Special Report”, which I consider worth watching. If it weren’t for that my viewing hours would be a few hours a week.

  • Gloria says:

    I was an EXTREME TV watcher (50+ hours a week) because of depression and just canceled my cable a few months ago. My television now sits in the corner of my closet. It was like losing a friend, but I instantly saved over $100/month and gained a significant amount of time for other things. I’ve found that some of that down time has replaced by the internet, but not nearly as bad as before.

    Part of my motivation for turning off the TV was this article on how bad it is for your brain. http://www.cognitiveliberty.org/5jcl/5JCL59.htm

    It is a very interesting read…

  • kelly colgan azar says:

    I haven’t had a TV since the mid 1970’s and I’ve traveled widely, lived abroad, speak Japanese, trained in jazz dance, skate, got a Masters degree and have recently taken up wild life photography. Our lives are short. Need I say more.

  • Michael says:

    We cut our cable (and antenna) about 6months ago. Yup… zero TV time… none at all.

    We’ve never been happier. I don’t miss it even a little bit.

    ps. if you want to ease yourself into a TV-free life, get yourself enrolled in grad school for a couple of years… you’ll better yourself and I promise TV will not be on the agenda.

  • Jim R. says:

    Great article. Bottom line is TV, for the most part, is nothing but empty calories for the mind. One of the biggest benefits of not watching mindless TV is no longer having to view local news, which is nothing but negative garbage that reports nothing but fires, robberies, domestic disputes, freeway accidents, and so forth.

  • Gunner says:

    I write a column in our local newspaper, and one of the first ones I wrote was on the subject of living TV free. It’s been 5 years with no Tv in my house, and I have missed little.

  • Brainiac27 says:

    I find this strangely ironic to have found this on stumbleupon,the main reason I don’t have time for TV, or a life. Good article

  • JMBIndy says:

    I have contemplated dumping satellite for some time now, but just can’t quite do it. The TV I would keep so I could watch DVD’s and the local weather, when it turns nasty in the summer.

    I try thinking of the cost savings (little over $600 a year) but just can’t bring my self to disconnect.

    Hi. My name is Jo. I’m a satellite junkie.

  • Brian says:

    Well, I stopped watching that much television when I started my sales job. I cut down, but I think I still watch the same amount.

    It has just moved later on into the evening, because I want to work from sun up to sun down, because I am getting better a closing sales and I like making more money.

    Anyways, I don’t watch daytime tv anymore, I just watch the late night movie or not for kids/family friendly television.

    I turn it on before I go to sleep and while I eat dinner. But other than that, I’m Making deals, calling clients, or just driving to and fro.

    Say no to the tele….. sometimes

  • Michael says:

    Not sure if this has been mentioned but another cost to factor in would be the advertising and how it makes you want things you don’t really want or need. No one is immune!

  • wishmaster828282 says:

    TV also bombards you with propaganda and manipulative advertising and news programs. It is also designed to take your attention away from anything except tv itself.

    Basically, TV sucks your life and intelligence away and makes you co-dependent… if you watch it ALL THE TIME.

    Just watch it rarely and you are OKAY.

    You’ll notice then how manipulative the TV is.

  • Ash says:

    I work at home half the time and would go mad without the lull of the tv nattering in the background.
    It helps the reptilian side of my brain feel that people are around and Im not so isolated.
    Classical music is nice change of pace but the tv is actually less of a distraction.
    Its all about self control.

    • Minny says:

      I know what you mean Ash as I do the same. I use my collection of DVDs for this as having watched them before I don’t need to pay attention. Also, I buy ‘talking books’ whenever I see them going cheap.

  • Ash says:

    Uh I mute my tv during commercials so its simple not to be bombarded by advertisers.

  • wishmaster828282 says:

    But if you don’t have adverts to mute in the first place…
    Sorry, I work in advertising so I really just want none if it and I know their tricks… it’s like not wanting to see porn even though I can’t hear it.

    Also, I DO understand not wanting to feel isolated but guess what? There are ~5 billion people on this planet so I don’t need a TV to make my life even more crowed. I guess my scope of reality is that broad.

  • wishmaster828282 says:

    I guess once you realize the truth about TV then relying on it is like trying to be an adolescent once you are an adult.

    I hope that makes enough sense for you all.

  • Tania says:

    Hi

    I found your article informative and interesting. I have been trying to cut down On TV myself. I work part time and go to university. I am on Holidays right now and I feel myself drifting towards the TV. The funny thing is I have now gotten to the point I don’t even enjoy watching it anymore, I love watching movies but not sitcoms, talkshows ect.
    I really want to do other things such as dancing (I have always loved dancing, yoga, redecorating my bedroom and so on, but sometimes when I am in the middle of these activities I get either bored or really down and I feel like I need to go and sit in front of the TV…what should I do when that happens?I also feel like when I am doing something other than watching TV why should I bother? I am not going to like it in the end anyway. I know That this seems irrational but in the moment it feels very real. I was wondering if you have any techniques I could use to stem these feelings?

  • pfadvice says:

    There isn’t an answer that fits for everyone and you will have to find what works for you. The easiest step is to get rid of your TV — then it’s no longer an issue. Most people aren’t willing to do that which means you need to break yourself from the habit. That means finding something else to occupy time when you are bored or combining the two – why not do your stretches while watching TV and only watch TV when you are doing them. You’ll have to experiment to find a solution for yourself.

  • wu woo says:

    I did this too; I gave away my TV 4 years ago and have so much time that I went back to school (university). Good job. Now if we can only get more people to stop watching TV — it is a mind-sucking, energy-sapping, electricity-using, cataract-forming mesmerizing waste of time. Good riddance to TV.

  • Joyce says:

    I turned of my tv cable system about a month ago and gave my TV and 95% of my DVDs and VHS tapes to a ministry, where they can put them to good use. I did buy a DVD player so I can watch it sometimes. And I go to movie theaters on weekends. I must be going through TV withdrawal, because I’m still clinging to a movies in that way. But the time I am saving is amazing and I go to bed earlier because I’m not falling asleep in front of the tv. I like what you said about advertising though. When I’m not exposed to all the stuff they want me to buy, I won’t know it’s missing in my life. Thanks for a good website.

  • R L says:

    Thank god. I finished college, bought a house, and for the last 25 years i’ve been a slave to TV. My wife is addicted, considers it ‘family’ time, and will watch 5 shows religiously with her whole family. Survivor, American Idol, Lost, Great Race (whatever it is), Desperate House Wives, and whatever TV show is on after that. Usually Everyone Loves Raymond, Friends, or whatever else. I hate it. I hate TV. When i enter a room i become aware of my mind going soft, and i could be drooling but it sucks all my motivation to leave away. I live upstairs now and since i moved into my house i stopped watching TV. Not totally thanks to Hulu (jerks!) but am now reading, studying, and do things to expand my mind. I started a start-up too, am working for clients, and in general am living the same experience as yourself. I am so glad i found your article. I feel ‘not alone’ anymore doing what i’ve been doing.

    Cheers. Here’s to your continued success.

  • Truth says:

    “…but not subscribing to cable TV is probably just not realistic.”

    David – this is why TV will never die because people like you feel this way and honestly, some of us need people like you because you people are the ones that will work for those of us that didn’t waste our time watching TV. I haven’t owned a TV in over 7 years and NEVER miss it.

    Instead I spend my time educating myself in the financial aspect, ready for retirement in about 20 years, not even affected by the recession and enjoy not playing the rat race that people like you do. IF I watch any TV at someone else’s house, I always watch Discovery channel and nothing else.

    I’ll be sure to contact you when I need a employee – afterall, with all the TV you are watching, surely you know we are in a recession and jobs are not plentiful.

  • Harris says:

    I think the only significant point the article makes is that isolating yourself from advertising has large financial benefits. The figure it cites for the cost of spending extra due to advertising is three times the amount spent on games, cable, movies, and electricity combined. It also cites a rather high interest rate (8%) and uses an inflated value for electricity cost. It furthermore includes the cost of games, which I hold to be irrelevant to the discussion at hand. Finally, it assumes you buy a rather expensive plan.

  • Chris Curtis says:

    I gave up TV 7 years ago when I noticed my two young children arguing about what to watch. It took us months to get the aholes at direct TV to cancel our account. I have NOT missed it a bit. I now watch less than 10 hours of TV a year. I DON’T feel like I’m missing anything. Actually, I feel I have so much more time to do fun and productive things.

  • shazia says:

    yes u are right i have same problem of watching TV now i will try to get rid of all that.Thank u it’s really very inspiring.

  • Meh_Gerbil says:

    I wouldn’t have 8hrs. a night to play World Of Warcraft if I had the TV on all the time.

  • Psycho says:

    So, by your logic, if I gave up TV and decided to read a book, how much would I have to pay per hour to read? Or wait, how much do I pay myself to browse the internet? What do I do if I DON’T have cable or if I’m just playing on the Wii or Playstation?

    While your logic is enlightening, it falters on itself. If a person is dedicated enough to designing a website, learning guitar, or whatever, they’ll do it regardless of what’s on TV.

    I think you’re overshadowing dedication with an unjustifiable philosophy.

  • richard says:

    I find most TV content to be lowest common denominator stuff. (reality shows and makeovers)
    So I only watch 3 or 4 shows on a weekly basis, and the gaps are filled by listening to the radio whilst getting on with other fulfilling stuff.

  • Kelly says:

    For those of you who aren’t keen to this idea, think of it as cutting back on something that is basically a waste of time. No one is saying to stop watching TV altogether, but to realize how much time you do spend in front of it. I realized one day how much time I was spending in front of the TV and how many other things were not getting done. I now have two shows that I watch. One on Sunday night and one on Tuesday and Wednesday. I also watch an occasional movie for relaxation. But my life is no longer centered around the Television. With all the extra time I have been able to pursue my passions; things I had forgotten that I enjoyed since I was younger. I play football with my son or practice catch with my girls. There was a time when they would beg me to come outside and play with them, but there were always movies or shows that I “couldn’t miss”. 🙂 I realized, and not too late, that I “do” have time. This isn’t a cure-all for life’s little problems. This is just a tiny step in the direction to self-fulfillment. Smile and stay positive 🙂

  • Jason says:

    Madness!!!

  • Berry says:

    The article doesn’t address the sort of compromise that I’ve arrived at: working while you watch. At the present time, aside from movies on DVD, there is very little on the screen that I watch to the exclusion of everything else. I can generally work on my writing, my website, and other art projects while keeping the tube on…although I must admit it’s much less feasible for recording music.

  • lagirl310 says:

    I’ve been struggling with stress, depression, anxiety, alcoholism and gambling problems. Amidst all of this I found myself hiding behind the bottle and my tv. When my cable was recently turned off due to lack of payment I freaked out and that’s when I knew I had a problem. I’m writing about in hopes that it will be good therapy. I’ve decided to stop watching all together for at least six months to see how if might affect my shattered life.

  • no name says:

    Great article. TV really is all consuming. It’s great how you moved toward doing something productive with your time.

  • Robert says:

    I’ve recently quit smoking for good. It has been a struggle to quit smoking for many years, and now I feel that I have actually done it. It wasn’t easy.

    For years I’ve recognized how TV is killing me similarly to cigarettes. I’ve been trying to quit TV again, and holy smokes is it ever hard!

    First of all, I’m battling my wife – I’d love to cancel cable… guess here stance on the issue.

    Second of all, I find my anxiety levels around missing “my shows” is absurdly high.

    I am contemplating and currently building my courage to quit cold turkey for the rest of this season. Not even a single show.

    Objectively I realize that how the stories of the shows end is actually completely inconsequential to me in my life… but it *feels* like it is important.

    Wish me luck. I hope that it’ll be easier than getting over nicotine.

    Next project = weight.

  • adam says:

    It never ceases to amaze me how much time most people spend in front of their tv, computer, or even phone. All 3 devices were meant for entertainment, but also productivity.

Pingbacks

  • Television: Watching television could cost you $1 million : Teknicks Blog says:

    […] time off from work, yes? How much television do you watch in a typical day? Share in the comments. How Dumping TV Allowed Me to Quit My Job, Create an Online Business and Fund My Retirement Account […]

  • Watching TV can cost you over $1M in your lifetime - SpartanTailgate.com - Michigan State Spartans Forums says:

    […] with only watching 15-20. Television: Watching television could cost you $1 million – Lifehacker How Dumping TV Allowed Me to Quit My Job, Create an Online Business and Fund My Retirement Account -… How to Earn $1 Million by Not Watching TV – News & Analysis – Insight & […]

  • Watching TV can cost you over $1M in your lifetime - SpartanTailgate.com - Michigan State Spartans Forums says:

    […] How Dumping TV Allowed Me to Quit My Job, Create an Online Business and Fund My Retirement Account -… […]

  • […] Read the full story here: How dumping TV allowed me to quit my job, create an online business, and fund my retirement […]

  • […] also explores how much you could save by dumping TV inspired by the “How to Earn $1 Million by Not Watching TV” […]

  • Cash Money Life - A Personal Finance Blog with a Salute to the Military » 110th Edition of the Carnival of Personal Finance says:

    […] Advice – How Dumping TV Allowed Me to Quit My Job, Create an Online Business and Fund My Retirement Account. This article is closely related to How to Earn $1 Million By Not Watching TV, but I think this […]

  • Carnival of Entrepreneurs #31: July 23, 2007 says:

    […] not sure if you should do it? Here’s why you should just do it!” savingadvice presents How Dumping TV Allowed Me to Quit My Job, Create an Online Business and Fund My Retirement Account posted at SavingAdvice.com Blog, saying, “It was my decision 5 years ago to drastically […]

  • […] How Dumping TV Allowed Me to Quit My Job, Create an Online Business and Fund My Retirement Account – [SavingAdvice] […]

  • 10 Painful but Effective ways to reduce Debt. | Mortgage Blog says:

    […] you know owning a TV could cost you $1 million ? Dumping my TV Well, I am rather sceptical of these figures. But, the author does make a good point that owning a […]

  • Whoa…Thoughts on TV « positivecapitalism says:

    […] How Dumping TV Allowed Me To Quit my Job, Create An Online Business and Fund my Retirement Account. […]

  • Business Blog » Blog Archive » Market nerves hit MF Global and Third Point says:

    […] SavingAdvice.com: When people ask me what was the best decision I made when I decided to create this website, they are often surprised when I tell them that it was my decision to quit watching TV. […]

  • Madison Who’s Who - The Real Cost of That 52″ Screen says:

    […] That is a rather staggering figure. The writer above determined that he had been investing at least three hours a day in TV viewing. He took those three hours and instead used them to create his website. Anyone can make the same decision. Can your B2B networking or peer networking efforts profit by investing another 1,085 hours a year into them? Imagine what you could do with those hours that you now spend in front of your 52″ screen. “To put it into perspective, if you watch an average of 31.5 hours of TV each week (which the average person in the US does) and you value your time at minimum wage of $5.85 an hour, you are spending nearly $800 a month ($798.53) to watch TV. That comes to nearly $10,000 ($9582.30) a year. I would imagine that most people reading this value their time well above minimum wage, so the cost is likely several times that number. When you look at it from that perspective, watching TV is an extremely expensive and financial draining habit to have.” (Source) […]

  • […] but I only watch about an hour a week. There are just so many other ways I like to spend my time. This post brings it home. The writer quit watching TV and started a business and funded his/her […]

  • Synyx » TV keeps people stupid and poor says:

    […] Instapundit links to a post here regarding how the time people spend watching TV could be used more productively to help generate […]

  • Week In Review and On The Web 9/23/07-9/29/07 | Lifestyle13 says:

    […] How Dumping TV Allowed Me to Quit My Job, Create an Online Business and Fund My Retirement Account […]

  • » Carnival of the Capitalists » Small Business Essentials » News, Tips and Advice says:

    […] so much more enthusiastic and product. Apparently Jeffrey Strain over at the Saving Advice Blog would agree with me—although I doubt he still manages to watch 42 minutes (no commercials!) of Grey’s […]

  • […] How Dumping TV Allowed Me To Quit My Job… […]

  • I recommend Alltop « Leap Walking says:

    […] if you watch TV, forget TV. You got me, Stop Watching TV. Or watch less of it. Take time out to decide what you really want in life, and get going. […]

  • 31 Ways to Improve Your Career Today - SavingAdvice.com Blog says:

    […] a system to discourage yourself from doing so, you will dramatically increase your productivity. My big vice was watching TV far too much and I’ve had to ween myself from spending too much time on social networking sites as well. […]

  • […] and change our TV use patterns.

  • How Dumping TV Let One Dude Quit his Job | Choose 4 Me says:

    […] think it’s worthwhile to read How Dumping TV Allowed Me to Quit My Job, Create an Online Business and Fund My Retirement Account. The temptation can be huge as a home business owner, but by controlling what you watch, and how […]

  • How Dumping TV Let One Dude Quit his Job : affiliate.itech-design.my says:

    […] think it

  • Why I Want to Trash my TV - SavingAdvice.com Blog says:

    […] Doing is Better than Watching: If you are watching TV, by definition you are not really doing anything. Although there may be educational or cultural programming which can improve your mind, you are not usually accomplishing anything by sitting in front of a TV. Eliminate TV access in your home and start getting more done! […]

  • Skills Needed to Make Money Blogging - SavingAdvice.com Blog says:

    […] It was literally like doing two full time jobs at the same time. I had to make some big changes in how I spent my free time. If you think your are going to be able to succeed only spending an extra hour or two when you can […]

  • […] around the house. We spend hours trawling the Internet and looking up old friends on Facebook. We watch too much TV or play too many video games. While there’s nothing wrong with any of this in moderation, […]

  • […] Finally, I will leave you with a motivational site that I’ve just discovered from the world wide web….. on a person who, through cutting his tv watching hours drastically had enabled him to have more time to work towards his sites and eventually earn enough to quit his job. You can read more here: How Dumping TV Allowed Me to Quit My Job, Create an Online Business and Fund My Retirement Account. […]

  • […] Watching television (add link to how to gain back x number of hours of your […]

Leave a Reply

*

Sign up for the "Saving Advisor" newsletter (Weekly)
Subscribe
RSS
Facebook
Google Plus
Twitter

Subscribe by email:

Related Articles

Previous Years Articles

Today, last year...



Copyright © 2017 SavingAdvice.com. All Rights Reserved.