5 Things to Know About Streaming Audio

You have more ways than ever to program your own music.

1. WYOU is on the air.

Never mind paying a buck to purchase, download and store individual songs on a phone, tablet or MP3 player. You can now create your own radio station. The streaming field is crowded with spunky start-ups, such as Pandora, Spot­ify, Rdio and Slacker. Plus, relative old-timers are getting into the act with Apple iTunes Radio, Google Play Music All Access and Microsoft Xbox Music Pass. Each service streams tunes wirelessly to your digital devices and offers a free option (with ads) or a premium option. Fees range from just over $2 a month for iTunes Radio to $10 per month for Google Play Music All Access, Rdio (for Web and mobile streaming), Slacker, Spotify and Xbox Music Pass.

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Contributing Writer, Kiplinger's Personal Finance