Netflix

Conflicting Goals: Entertainment Vs Preserving Cash

Conflicting Goals: Entertainment Vs Preserving Cash

According to last week’s Wall Street Journal, Netflix gained an additional 16 million new subscribers.

Just this year alone, the stock is up 34%. I call that a win!

The average emergency, prior to the pandemic, could be resolved with $400. That annual Netflix subscription is 39% of what we would need to stash away for an emergency and gain some peace of mind. According to a recent survey by The Wall Street Journal and the Harris Poll, Americans spent an average of $37 per month on streaming services in March 2020. That’s an annual expense of $444. Can we say ching ching again.