But, and perhaps this is the important way to say it, Cheap, but Not Bored.
Being pretty nerdy, I’m fairly far into this territory to begin with. No cable, and we don’t miss it, absolutely no plans to upgrade the idiot box at all, which is only turned on when watching movies (and, true, I could romantically watch them in bed using Mister Lappy’s wider-than-average screen and good-quality speakers.
On the other hand, I have a hobby, which tends to involve constructing sets of armor and the like, and sometimes using said material skills to make something with real-world payback. But if you’re careful, I think that can easily get factored in. Reducing “lifestyle fees” isn’t necessarily brilliance — but reducing unnecessary ones is definitely the bright way to go.