I hopefully can add and/or support the advice given by others.
I cut the cord about 14 months ago and couldn't be happier with that decision.
I have cut my costs by more than 50% and I have lots of quality choice to choose from.
First, I would suggest that an adjustment and attitude change will make the transition easier.
IPTV is a replacement (for now, to cable and satellite services) and it could improve from a content and cost perspective.
I didn't go for it because I felt it wasn't much of an improvement from a satellite service I had.
So, to start, here's what I did .....
Bought 2 over the air antennas (OTA) from Amazon, for about $30.00 each - they are about 12 * 16 inches and as flat as a plastic binder cover. They have a range of 40 miles and can be placed (taped or aimed) at a window. The location will determine the number of channels you can get for FREE. ( I got 13 !)
Next, I discovered that there is an incredible amount of FREE content available on YouTube. That includes concerts and movies and documentaries etc ....
I searched for FREE streaming services and found several that actually offer some movies and some TV shows. The content might be older or dated, but that's where the attitude change has to begin to click in. Forget the 'old' and discover the 'new.
I also have 3 paid subscriptions one for $7.99 (Crave), one for 79.00 / year (Amazon Prime) and an American service I don't want to name, but it is legal and has PVRs (about 40.00 / mnth). All of these options are without a contract - they are month to month and the prices have not changed since I joined any of them.
I bought a 'box' over a year ago and never used it after my first taste of that 'darker side' of viewing. It struck me as a security threat and some of the content was clearly 'pirated' - so much for that .....
Another point I'd like to make is that you can use a laptop / notebook / tablet as a streaming device. With the 'PC' option(s), you can send the screen output to a flat screen TV of your choice by using an HDMI cable.
Anyway, I hope that you see that all newbies had to start somewhere. My last point is that it will be different for 'child' content than you are accustomed to (cartoons ? educational stuff ?), but there's tons of content for kids too !
Search and you will find !
Hopefully, this is helpful. I can tell you one thing - many people I've spoken to have taken the leap and not one regrets it.
Cable and satellite services are dying a predictable death. You will pay too much for these services - time will force them out of business.
Move on now and join the ever growing group of cord cutters. Remember that today's most recent generations have cut the cord - in fact many never went there - they didn't and don't subscribe to the 'old' stuff.
The entire multi media industry is being turned upside down - rapid change is around the corner.
I wish you well .....