More and more people are cutting the cord from traditional pay TV programming, either by dialing back or getting rid of it entirely.

At my home we use Roku, have a monthly Netflix subscription, and rent new feature films from RedBox.

But there are two other options for saving money on TV that I'd like you to know about.

Boxee.tv is a service I talked about back in 2009 that has since refined itself. You can buy a Boxee device at Wal-Mart or on the Boxee website for $99. That device lets you stream content and also offers a cloud DVR service for $10 a month. You can also access Netflix, Hulu and other pay streaming services on your Boxee.

The average person pays $80 or more per month for a traditional pay TV package. So you're really in a position to dial it way back using Boxee.

The second thing is that the Amazon Prime service now has a greater library of video content and has adopted a $7.99 a month pricing structure, just like Netflix and Hulu Plus. (You can also still pay the annual price of $79 as well for Prime.) Both pricing structures give you access to free 2-day shipping if you're a regular Amazon customer.

So it's about time to look at the alternative of dumping traditional pay TV. It's your wallet!