Most homes have at least one online streaming service, some have up to three and maybe four, all of which cost money.

A personal finance expert recommended that a “TV tapas method” is the best approach for those looking to save money.

By now, probably most of us have shared premium service accounts to save money, but have you considered mixing up your paid accounts with free ones and taking turns running them?

The “tapas” method lets money savers answer how much television they actually watch and then prompts them to offset their expenses in the hope that it will save at least part of their monthly bills.

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How much money could you save if you only paid for one streaming service a month?

Andy Webb of said, “Realistically, you won’t be able to use all of the services at the same time.

“I would recommend a ‘tapas style’ approach where you choose and mix over the year rather than gobbling up more all at once than you can possibly manage.”

He said that we should pick a service, like Netflix, and get the most out of the service for a month or two before moving to another platform that is addicting.

The advantage here is that once you’ve run out of Netflix and switched to another website, you can pause your membership and not lose money on a service that you are not using.

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If you pay for Amazon Prime monthly but only subscribe for six months of the year, you could cut the monthly cost in half, from £ 95.88 to $ 47.94, and it’s cheaper than the £ 79 all year round.

For example, let’s say most people have a standard Netflix membership for £ 9.99, they pay £ 119.88 for 12 months as a couple – so just under £ 60 a year.

If you cut that in half, you’ll be spending just under £ 30 on Netflix TV.

The more people who use membership, the cheaper it gets. So if you can convince family and friends to be more selective with their TVs, you can all make some savings.

Andy also recommends adding free services to the mix.

He said, “There is an amazing back catalog of free TV that can be seen on these services. Really, it’s huge.

“You can often watch programs that run on Netflix and Amazon, except for iPlayer and the others, it doesn’t cost you anything.

“You can also watch the channels live and download programs to your phone for offline playback.”

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