I haven’t had cable for about four years, and I love the flexibility I have without it. I don’t have time to watch a ton of television, but it’s definitely nice to be able to relax after a long day by veg-ing out on the couch to be entertained. It’s cheaper and actually more convenient to watch the shows I like online than to deal with cable. There are a few ways that I get my shows, without cable:
1) Hulu. This has some shows, for free. This still has a few short commercials, but they are far shorter and and far less annoying than the ads on cable.
2) Netflix. You can only rent older shows on Netflix, since the DVDs for a show usually come out 1–2 seasons after a show has aired. But, there are plenty of great shows that I wouldn’t have time to watch when they’re airing anyway. I can watch entire shows without commercials, without needing to wait a week between suspenseful episodes (great for dramatic shows like Lost, 24, The Wire, etc, etc, etc). I watch most of my shows this way, which allows me to do it entirely at my own leasure. Netflix is cheaper than cable, too.
3) iTunes. You can buy season passes for shows on iTunes. A season pass will run you between $25—$35. A show will become available on iTunes about 1 day after it airs on television. If you’re not in a social situation that revolves around what happened last night on whatever show you’re watching, then this could also be cheaper than cable (depending on how many shows you’re buying on itunes).
4) You can also check out each network’s website, since a lot of them will air each show online for free, with the same ad style as hulu.
That said, there are also plenty of other things to do, without it, that are more mentally stimulating, more engaging, more fun, and encourage bonding with your family more than watching television shows :)