Broke A$$ Brotha Tip #3: Netflix Rate Hikes vs. Public Library

Politicians are bickering up in Washington DC about deficits and debt. It is the argument that many a Broke-A$$ Brotha has when (s)he runs out of money before they run out of month. This blog likes to share tips with y'all about ways to increase revenue and decrease expenses ... we call them Broke-A$$ Brotha Tips.

Today's tip surrounds Netflix. I got the following email message from Netflix today saying that they planned a 60% increase on my monthly bill.

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Dear Broke-A$$ Brotha,

We are separating unlimited DVDs by mail and unlimited streaming into two separate plans to better reflect the costs of each. Now our members have a choice: a streaming only plan, a DVD only plan, or both.

Your current $9.99 a month membership for unlimited streaming and unlimited DVDs will be split into 2 distinct plans:

• Plan 1: Unlimited Streaming (no DVDs) for $7.99 a month
• Plan 2: Unlimited DVDs, 1 out at-a-time (no streaming) for $7.99 a month

Your price for getting both of these plans will be $15.98 a month ($7.99 + $7.99).

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I love my Netflix Queue as much as the next guy. I probably have over 150 titles in my queue at the moment. I also enjoy watching BBC mystery television series episodes via the streaming option. However, I don't think it is worth getting ripped for a 60% increase in the monthly bill. Especially when I can get movies at no cost from my local public library.

Are you a Netflix customer? If so, what are you gonna do?