. hi, everyone. welcome to "on the money." i'm contessa brewer in for becky quick. picture this, the way we watch tv is changing, but will all these choices save you money or drive you crazy? the entrepreneurs who are hungry for profit. the recipe, hard work, big idea, and hot lunches. meet the food truck millionaires. ready to move or downsize and not sure what to do with all that stuff? we've got some help for you. can you clean out and clean up? and if you like cats, well, really even if you don't, a house you have to see to believe. a shrine to felines. >> so this is it. >> oh, my god. >> "on the money" starts right

now. this is "on the money." your money, your life, your future. we begin with your tv, or not. how are you watching this program right now? on cable, the internet? did you dvr it or use your slim box? or maybe you have apple tv. viewers have an overwhelming number of choices. that's today's cover story. changing channels. the evolution of television. >> i feel like we just use netflix more than we do actual like live tv. >> a friend of mine has the amazon tv. yeah, so i was checking that out. >> the spectrum is killing me, as a matter of fact. i was thinking about getting, what is it, a fire stick? >> lots of people are cutting the cable cord in the last quarter. more than half a million people canceled their subscriptions. another 750,000 in the three months prior to that. >> i'm he old school so i'll probably stay with what i have. >> i've gotten rid of my cable and gone to roku. >> streaming services are

prime reportedly has doubled its subscribers to more than 80 million accounts. netflix has 50 million. compare that to the 48 million paid television subscribers in the u.s. >> i'm not a tv addict, but there's certain things that i do like to see. >> he's up watching games of thrones. i can't get rid of it. >> content is key. apple plans to invest a billion dollars to buy and produce original programming over the next year. in 2016 hbo spent 2 billion on content and netflix is expected to spend 6 billion in 2017. the amount of money invested could make your head spin. is it getting just too expensive and complicated? joining me now is ed lee, managing editor for recode, a site. wh looking at the cost comparisons, at first making a choice like netflix, apple pd seems to be a no brainer if you're not watching a lot of cable television, but if you're getting al

does add up. >> it adds up. it feels like it's another cord in a way. if you have netflix, hulu, there's amazon prime also delivers video. maybe you're already paying for that. if you add it up, it sometimes could be the equivalent of a cable bill. at the same time, it gives you more choice. doesn't mean you have to get them all at once either. >> why are so many people still paying a premium for that cord to be connected to cable? >> it's just -- it's a legacy service. a lot of us like to have it in the home. they like the idea that it's always there in case. people who do choose to cut the cord, they're making a very conscious effort to do so. cable bills can get really high. >> apple is plunking down a billion dollars. >> a billion dollars. >> to create content for people to go to apple tv. netflix, hbo, they're all in the content creation business. is there too much out there? >> there is a lot out there. in fact, there's so much tv, you know, for all the good tv that's being produced, you're not watching most of it. that's probably fine.

four networks, five networks, you watched everything that was primetime. now with netflix, hulu, amazon, all these other players, apple coming into the frey, you're not going to watch it all. >> there's lots of different ways you access these streaming offerings. is it too complicated for the average viewer? >> yeah, it definitely is. it tends to be complicated. if you have a smart tv chances are your smart tv has these apps. >> you can get it through the smart tv, roku box, connect the computer to the tv as well. we're in this sort of age right now where there's almost too much choice in terms of how the connectivity works. that's not necessarily a bad thing, but over time i think what you're going to see is a unification of how they're supposed to operate. >> what's the future for cable? we've seen some cable offerings change to offer skinny bundles where you're not paying for every channel out there. what is the future? >> the complaint the consumers

for decades is why do i have to have 100 channels just to start? i'm only watching 10 or 12 of them. the thing is that the programmers sell them to the cable operators in bundle so cable operators sell them in bundles to consumers. with the internet and with the skinny bundles it's a chance for more choice. i think going forward you're going to see the $20, $30, $40 package that hopefully gives you most of what you want. >> one last thing. let's go back to broadcast tv. i'm old enough to remember changing the tv by hand. >> walk up to the tv. >> move the rabbit ears. free tv over the air waves. how about that. >> it's funny that they didn't realize there is free tv. i'm a big fan of broadcast. it's something that, you know, whether it's millennials or the rest of us, you have to realize there is free tv out there. there's a potential revitalization of that type of content. >> thank you for joining us where everyone can watch you.

now here's a look at what's making news as we head into a new week on the money. stocks had their best day since april this week, but the rally didn't hold. the dow climbed almost 200 points on tuesday, mostly moving on concerns about whether the debt ceiling will be raised and the possibility of a government shutdown. the nasdaq and s&p 500 going along for the ride as well. stocks closed the week mixed. existing home sales fell unexpectedly in july down 1.3% for the month and well below expectations. they hit their lowest levels of the year mostly due to a lack of properties for sale. if you want to order from amazon, can you ask alexa. if you want to order from walmart, you'll be able to ask your google device. the retailing giant is entering the voice department. google's android devices will offer hundreds of thousands of walmart items on the voice controlled platform starting in late september. up

money." before they open a restaurant many chefs are taking their recipes on the road. meet the food truck entrepreneurs who are making more than a few dollars along the way. and later, nfl quarterbacks learned more than football from their dads. a new book explores life lessons from fathers. and now a look at how the stock market ended the w whether it's connecting one of the world's most innovative campuses. or bringing wifi to 65,000 fans. businesses count on communication, and communication counts on centurylink. it's a performance machine. engineering... with this degree of telligence... ...it's a supercomputer. with this grade of protection...it's a fortress. and with this standard of luxury...it's an oasis.

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the road to riches could begin in the food truck. over the past five years more than 4,000 drivable mobile eateries have launched across the country. for many, it's the first step toward a brick and mortar restaurant. kate rogers hit the streets and found success stories with food

>> reporter: when ben van blew inand his partner made their artisan ice cream in 2008, they had no idea what a hit it would become. >> there you go. >> reporter: with just $50,000, they hit the streets of new york city looking for the perfect location. >> we drove to the corner of green and prince and by the time we had opened the window there was a line of 30 people. this is the peanut butter chip. >> reporter: and the crowds kept coming. today the company has six food trucks and nine store fronts in both new york and los angeles. their ice creme, featuring unique flavors retails in whole foods in the northeast and california and the business is on track to do $20 million in revenue next year. food trucks like this have been growing at a faster rate than traditional restaurants over the past decade, but the growth is expected to slow in years to come due to regulatory hurdles. >> it's very challenging to make them work financially in new york city. in other markets it's much

better. in los angeles it's very truck friendly. >> reporter: in austin, texas, former attorney eric silver steen launched his food truck the peached tortilla after he couldn't raise the money for a brick and mortar shop. >> the biggest challenge is to stay mentally strong if you're not taking a paycheck. if you're doing it, you have to be ready for an all out war on the street. >> reporter: he won the war opening a restaurant featuring his asian and southern influence tacos. he still takes his two trucks out for lunch and catering and expects to do more than $3 million in revenue this year. >> you are all set with your heart attack. >> reporter: marty lieberman went the brick and mortar route after her truck became a hit in 2013. >> it was only within the first two months of being on the truck that our first catering jobs came in, which is an aspect of the business we didn't realize would be so lucrative. >> reporter: she and her sister

ended up opening up a store front. the truck is booked up through 2018 and her business is set to do about $1.5 million in sales in 2017. >> people come from new york. people come from los angeles. people come from england. we get requests from brazil. it's just super rewarding to hear how many people love our product. >> you have a wonderful day. >> reporter: one thing is for sure, no matter where these food trucks are located, one thing that they have in common are the local regulatory hurdles. van lewen mentioned to us they might consider shutting down their new york truck and consider more on friendly markets. >> i am so hungry after seeing your story. kate, the thing is that because they're exploding coast to coast, is there any concern on the part of these entrepreneurs that this is a trend that could see a down side? >> reporter: yeah, absolutely. one of the people who watch this space, the analysts in the food truck arena, say that those

this down in the future. for example, in new york city to get the license that you need to operate the food truck, the people who work inside, scoop the ice cream, it takes several months to get that. that's typically a job someone might work for one season. to put in three months to work two months might not be a worth while payoff. that's one of the barriers they to go through. >> great story. thank you so much for bringing it to us. >> reporter: thank you. from food to football. the new season kicks off in less than two weeks. each nfl team is counting on their quarterback, but how do those quarterbacks get into that leadership role? for most it started in the backyard with their dad. that's what author gary myers explores in his new book "my first coach." gary, so nice to talk to you. >> thank you for having me. >> you've covered the nfl for decades. is there a unique dynamic between especially the quarterbacks and their fathers? >> i really think so. quarterback is a leadership position.

extremely important in setting the tone with their sons in football. >> one of the most probably famous fathers in football is archie manning. >> right. >> of course, he has two super bowl winning quarterbacks, peyton and eli manning. tell me a little bit about their relationship with their dad and his style of parenting. >> yeah. you would think any of these fathers i wrote about would be over bearing because they have the experience, it would be archie. he's completely the opposite. he never pushed his kids into playing football. really the only thing he said to them was i want you to be good to each other and i want you to have fun when you play sports. he never really coached them at any level. he let the coaches coach and he sat back. if the kids had questions, he was there to answer them. >> phil sim's father might be on the other side. it's interesting that i have known him since

i've ever covered in this league and when i sat down to talk to him for my book it was really to talk to him about how he is with his own kids, chris and matt, who both played in the nfl. starting off the conversation i said, i don't really know much about your background. tell me about what it was like growing up in louisville. he was telling me he had seven brothers and sisters, lived in a small house and his father was an alcoholic. i had no idea about. nobody had ever written about. his father wasn't one of those pat on the back guys who was always praising his son. in fact, he was so tough on him and he felt like whatever he did his father made him feel like he failed. >> was that a driving factor for him though? was it sort of a -- in reverse motivating him to do better? >> yeah, i think that in a way he was so motivated to try to please his father that it probably made him more competitive. >> why did you write this book? >> i wrote it because i was inspied by my own relationship

with my son who is now 22 years old. he recently graduated from michigan. from the age of 4, 5 when he started playing tee ball before he was playing high school ball, i coached him in baseball every spring. that's something i enjoyed doing. we bonded over baseball. and we're very close, and this book was actually his idea. he suggested to me, why don't you find eight or ten quarterbacks and just explore their relationships with their fathers and it will be great for middle school and high school boys and girls. >> thank you for sharing a little bit of insight about the special relationship here between dads and sons. >> thank you. >> up next, we're "on the money." divide and conquer. how to divide the emotional task of cleaning up, clearing out all that clutter. a woman who love cats made a kitty theme her inspiration. she turned her des ♪ ♪

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fancy china that you've never used, books you've never read, photos in boxes you haven't looked at in decades. sound familiar? if so, maybe it's time to lighten your load. of course, getting started can be a real challenge. joining me now is jennifer picket. she's the e director of senior move

managers. it's great to talk to you, jennifer. our stuff seems so important to us. why is it so hard to weed it out and move it on even if you haven't used it in years? >> well, i think in many cases our stuff defines us. it captures our life, and when you are in your, you know, middle 50s, 60s, and 70s, when you start to really evaluate how much stuff you have, it's completely overwhelming. >> i had help a few years ago on this when hurricane sandy came through and i lost those bins of photos that i hadn't lost in years. if you want to do it in a less traumatic way, how do you get started? >> the easy way is to start small and go to more challenging areas. start -- take one room, one space, get yourself some colored stickers and just start identifying sort through it, i want to keep this, i want to donate this, i want to potentially sell

>> is there anything that you can provide that a whole family just showing up for a weekend can't. >> i think trying to do that in 40 hours is simply not realistic. it's really important when you're transitioning with an older adult to downsize to move to a new environment that will better support their quality of life. that you treat the older a dulled and their possessions with the dignity they deserve. >> i know when people start going by their stuff, wow, i don't want this anymore. this is going to be perfect for my daughter. all of a sudden the daughter gets overwhelmed with fancy china, books that haven't been read and pictures, too. >> i think it depends on the cognitive abilities of the older adult. if you're talking with your parents who are just now starting on the down side of the

say, wow, thank you for all of this. i hope that you'll understand that if there are things that we can't use, we will pass them on. >> jennifer picket, thank you for the insight and advice, we appreciate it. >> my pleasure. up next "on the money" a look at the news in the week ahead. maybe you should look away if you're a dog person. aall to wall shrine for all things cats. you have not seen anything like this, i guarantee it shaw

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here are the stories coming out that may affect your money this week. the ball's in your court on monday. the u.s. open tennis tournament begins in new york city and runs for two weeks. tuesday the case-shiller home price index is out. wednesday we'll get a read on the economy with the second quarter gross domestic product. happy birthday, warren buffet. he turns 87. thursday marks 20 years since we lost diana, princess of wales. on friday august sales numbers are out for august and we'll see how many jobs were gained and lost when the employment was lost. follow 20 acres in the scenic

there's one catch. you must really like kittens, cats, and all things feline. jane wells goes to concho, arizona, to explain. so this is it. th >> reporter: oh, my gosh. it's the most unusual home in america. >> there's more? >> there's more. >> reporter: this 2200 square foot home is covered wall to wall. >> oh, my god. >> floor to ceiling. >> oh, my god. >> w cats. >> so this was her master bedroom, which is all cats. >> reporter: realtor liz keller has listed the home for $240,000. >> this is by far the most unusual listing i've ever had, seen, heard about. >> reporter: keller says she is a shy woman who did

she built it with her husband and when he became terminally ill the house became her termin pe passion for felines. >> it's been a ten plus year project. >> as you can see in the bathroom, she even has a tank handle on the toilet that is a cat. >> since going on the market, the listing has gone viral with millions of hits online. however, we are the first news crew to actually show up for a look. >> every square inch of the ceiling up here is puzzles that she's put together of cats on the ceiling. >> how do you feel standing there? >> overwhelmed. >> the amazing thing is the woman only has two cats. wait, no, here's what's really amazing. >> i thought this place was going to smell. >> it doesn't. not at all. >> no. >> i do have to say she had a room designated just for her cat box and that was the room that we probably

it's been shown and there's interest from cat rescue groups. keller says it's only half of what used to be here. >> you can say, hey, why would you list that? it must smell like cats. i feel sorry for the realtor. to me, i think it's great. >> for the right buyer it's purrfect. for "on the money," jane wells. >> the realtor has shown the cat house 50 times and there are two offers in the works, but if you're interested, it is still on the market. that's the show for today. i'm contessa brewer. becky will be back next week and she'll have a new way to buy or lease a car. there's an app for that now, too. each week, keep it right here. we are "on the now at havertys furniture, our labor day sale is on. fill your home with well-crafted pieces at affordable prices.

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good morning, america. this morning, the flooding emergency. harvey hitting houston with epic rain. more than seven inches an hour. >> this is going to be life-threatening and catastrophic. >> the city inundated as we get the first look at communities devastated by this killer storm. >> homes destroyed. trailers tossed like toys. roofs ripped apart. hundreds of rescues. downed power lines sparking fires. >> that is a big fire. that is huge. >> the new threat this morning from rising floodwaters in this unfolding catastrophe. also this morning, the presidential pardon. new fallout from donald trump's controversial decision to pardon sheriff joe arpaio.