How cancelling our newspapers is saving us $500+/year

globe2go

Although I am a news junkie, we recently decided to cancel our subscriptions to the print editions of the Toronto Star and the Globe and Mail. Cutting costs was not our primary objective, but saving $500+/year is an added bonus.

At breakfast I read the Globe and my husband reads the Star. When we have time we swap papers. But even though the new bifocal lenses implanted when I had cataract surgery allow me to read even teensy, tiny print, on dull mornings I still have trouble with newsprint. And I was getting really tired of the piles of grimy newspapers I had to carry out to the recycle bin several times a week.

In addition to scanning the two newspapers every day, I check their websites frequently, particularly when there is breaking news. But for the longest time I was reluctant to default to digital only subscriptions because I really love seeing the full layout including story placement and ads in each issue.

So when I became aware that both the Toronto Star and the Globe and Mail have replica editions that can be automatically downloaded to our tablets (or computers, phones) I decided it was time to take the plunge.

I was paying $41.99/month for the Globe and Mail (six days a week) and $43.80/month for the Toronto Star (seven days a week) or $1030.48 a year in total. Now I am paying:

GlobetoGo:                                    $224.87/year   (including tax)
Globe Unlimited:                           $135.48/year* ($9.99/month + tax)
Toronto Star Digital Access:           $135.49/year  ($9.99/month +tax) (includes replica paper)
TOTAL                                            $495.83

ANNUAL SAVINGS                        $534.66

You will notice that the Globe2Go is more expensive than the Toronto Star Replica edition. They also charge an additional fee for unlimited web access which I have opted to pay for the time being, but may decide to cancel in future as all of the “unlimited” stories appear in my daily electronic Globe2Go.

To be perfectly honest to implement our new news regime, we had to jump from a one iPad to a two iPad family. Therefore, in the first year any financial savings on the deal will barely pay for the additional hardware.

But since we a travel a fair bit, I think being able to download full local newspapers to read anywhere whether or not there is wifi definitely makes it worth it. And there are lots of other things I can use my iPad for. For example, the Toronto Public Library has a whole slew of magazines I can now download and read for free.

So far the only real downside to this decision has been that we don’t get ad supplements in the digital editions. Most of the time I just toss them, but there are often great deals I don’t want to miss out on.  Also, the “share function” that should let me post interesting stories to social media or email them is flakey.

I think that professional journalists and media outlets do an essential job keeping us informed and keeping politicians honest. Therefore I am more than willing to support them financially as they make the difficult transition to our increasingly digital world.

However, if I can save some money and get all the content I delivered to my tablet instead of my door, why not? Tell us how you get your daily news fix. Is a print newspaper still an essential part of your day?

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