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In recent years, the speaker has assisted thousands in cutting the cord from cable, identifying three main reasons for this trend. First, price: streaming can often save money compared to cable, with the speaker noting a personal savings of over $10,000 in a decade. Second, flexibility: streaming services typically do not require long-term contracts, allowing users to choose subscriptions for varying lengths, such as one month or more. The speaker suggests rotating subscriptions to maintain variety. Third, content: many popular shows and films are now premiering on streaming platforms like Netflix rather than traditional cable. Understanding personal motivations for switching to streaming is crucial.